FX.co ★ Top 7 countries with record-high volume of private capital

The United States

The record holder in terms of the volume of private capital turned out to be the United States, the largest economy in the world. In 2018, the private capital amounted to $60.7 trillion. Americans own about 40% of the total world wealth. The United States occupies leading positions in the world on a number of socio-economic indicators, including average wages, GDP per capita, and labor productivity.

China

China is the world leader in production of many types of manufactured goods, including automobiles. It occupies the second line in the ranking of states with the largest private wealth. Experts call the country a "factory floor of the world", considering it to be the largest global exporter. In 2018, the volume of private capital in China achieved $23.6 trillion.

Japan

The third line in the ranking of countries with great private capital is taken by the Land of the Rising Sun. Japan has a very high standard of living and one of the lowest infant mortality rate. Being a great economic power, the state is ranked third in the world in terms of nominal GDP and fourth in terms of purchasing power parity.

Great Britain

The United Kingdom is in the fourth place among the nations with an impressive volume of personal capital. The country's service industry is a key sector of the economy and accounts for approximately 75% of GDP. London, Great Britain, is one of the biggest economic and financial hubs. The country has earned a reputation of a global center of money-laundering due to such factors as a well-developed banking sector and liberal legislation.

Germany

Germany occupies the fifth line of the ranking. This is a highly developed country with a very high standard of living. Being a world leader in most industrial and technological sectors, Germany is recognized as the third largest exporter and importer of goods in the world. The German authorities support social security and a universal health care system, as well as environmental protection and free higher education.

India

The sixth place among countries with a record volume of private capital goes to India. Over the past two decades, its economy has grown at a steady pace. Nevertheless, the economic recovery has not been equitable. Due to the presence of a large number of English-speaking specialists, India has recently become an outsourcing area for many multinational corporations and a popular object of medical tourism. The country has emerged as a major exporter of software, as well as financial and technological services.

Australia

Australia closes the top 7 countries with a record volume of private capital. The green continent is ranked sixth in the world in terms of GDP per capita. The Australian economy is dominated by the services sector, which is about 68% of the country's GDP. The mining sector accounts for 10% of GDP; while about 9% of GDP come from industries related to mining. The economic growth of Australia is highly dependent on the mining and agricultural sectors.