Wealth share richest in India
India: Wealth share richest was 40.14 in 2024. ▲ Rising
Latest (2024)
40.14
Change on year
unchanged
World rank
6th
of 215 countries
All-time high
40.14
in 2023
All-time low
12.24
in 1971
Years of data
58
1820–2024
Wealth share richest in India, 1820–2024
Source: Our World in Data.
Analysis
In 2024, wealth share richest in India stood at 40.14. That is the highest value across all 58 years on record.
The figure is up 32.0% over ten years.
Over the whole period, wealth share richest in India peaked at 40.14 in 2023 and was at its lowest, 12.24, in 1971.
That places India 6th out of 215 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 58 years of available data.
Wealth share richest in India, year by year
| Year | Value | Change |
|---|---|---|
| 1820 | 21.22 | — |
| 1850 | 25.14 | +18.5% |
| 1880 | 27.34 | +8.8% |
| 1900 | 27.61 | +1.0% |
| 1910 | 17.82 | -35.5% |
| 1920 | 27.57 | +54.7% |
| 1930 | 20.98 | -23.9% |
| 1940 | 25.99 | +23.9% |
| 1950 | 13.52 | -48.0% |
| 1960 | 14.29 | +5.7% |
| 1961 | 12.92 | -9.6% |
| 1970 | 14.17 | +9.7% |
| 1971 | 12.24 | -13.6% |
| 1980 | 12.54 | +2.5% |
| 1981 | 12.5 | -0.3% |
| 1982 | 12.75 | +2.0% |
| 1983 | 13.5 | +5.9% |
| 1984 | 13.6 | +0.7% |
| 1985 | 14.05 | +3.3% |
| 1986 | 14.43 | +2.7% |
| 1987 | 14.69 | +1.8% |
| 1988 | 15.31 | +4.2% |
| 1989 | 15.6 | +1.9% |
| 1990 | 15.71 | +0.7% |
| 1991 | 16.15 | +2.8% |
| 1992 | 16.36 | +1.3% |
| 1993 | 16.7 | +2.1% |
| 1994 | 17.05 | +2.1% |
| 1995 | 17.2 | +0.9% |
| 1996 | 17.38 | +1.0% |
| 1997 | 17.87 | +2.8% |
| 1998 | 18.53 | +3.7% |
| 1999 | 19.41 | +4.7% |
| 2000 | 20.67 | +6.5% |
| 2001 | 22.61 | +9.4% |
| 2002 | 25.45 | +12.6% |
| 2003 | 25.12 | -1.3% |
| 2004 | 26.76 | +6.5% |
| 2005 | 27.28 | +1.9% |
| 2006 | 29.88 | +9.5% |
| 2007 | 34.01 | +13.8% |
| 2008 | 31.36 | -7.8% |
| 2009 | 28.71 | -8.5% |
| 2010 | 31.78 | +10.7% |
| 2011 | 33.31 | +4.8% |
| 2012 | 30.8 | -7.5% |
| 2013 | 31.09 | +0.9% |
| 2014 | 30.42 | -2.2% |
| 2015 | 33.25 | +9.3% |
| 2016 | 32.57 | -2.0% |
| 2017 | 33.62 | +3.2% |
| 2018 | 37.38 | +11.2% |
| 2019 | 36.54 | -2.2% |
| 2020 | 35.25 | -3.5% |
| 2021 | 39.04 | +10.8% |
| 2022 | 40.13 | +2.8% |
| 2023 | 40.14 | +0.0% |
| 2024 | 40.14 | +0.0% |
India compared with similar countries
- India's 40.14 is above the median for lower middle income countries, which is 27.22, 1.5× the median. (47 countries reporting)
- India's 40.14 is above the median for South Asia, which is 24.16, 1.7× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Wealth share richest in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1920 | +54.7% | 17.82 | 27.57 |
| 1950 | -48.0% | 25.99 | 13.52 |
| 1910 | -35.5% | 27.61 | 17.82 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 21.22 | 21.22 | 21.22 | 1 |
| 1850s | 25.14 | 25.14 | 25.14 | 1 |
| 1880s | 27.34 | 27.34 | 27.34 | 1 |
| 1900s | 27.61 | 27.61 | 27.61 | 1 |
| 1910s | 17.82 | 17.82 | 17.82 | 1 |
| 1920s | 27.57 | 27.57 | 27.57 | 1 |
| 1930s | 20.98 | 20.98 | 20.98 | 1 |
| 1940s | 25.99 | 25.99 | 25.99 | 1 |
| 1950s | 13.52 | 13.52 | 13.52 | 1 |
| 1960s | 13.61 | 12.92 | 14.29 | 2 |
| 1970s | 13.21 | 12.24 | 14.17 | 2 |
| 1980s | 13.9 | 12.5 | 15.6 | 10 |
| 1990s | 17.24 | 15.71 | 19.41 | 10 |
| 2000s | 27.19 | 20.67 | 34.01 | 10 |
| 2010s | 33.08 | 30.42 | 37.38 | 10 |
| 2020s | 38.94 | 35.25 | 40.14 | 5 |
Countries ranked near India
More reference data data for India
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 20.88 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 68.88 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 246.78 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 15.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 246.78 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 70.02 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 19.71 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 309.05 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1,063 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 85.03 (2050)
Frequently asked questions
- What is wealth share richest in India?
- Wealth share richest in India was 40.14 in 2024, according to Our World in Data.
- What is the highest wealth share richest recorded in India?
- The highest recorded value was 40.14 in 2023.
- What is the lowest wealth share richest recorded in India?
- The lowest recorded value was 12.24 in 1971.
- How does India rank for wealth share richest?
- India ranks 6th out of 215 countries with data for 2024.
- Is wealth share richest rising or falling in India?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Our World in Data, published as part of Wealth share richest. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (Our World in Data).