Some PerspectiveAnalysis

Inequality

The top 1% holds 40% of the country's wealth

Income concentration is the top 1%'s 23% share. Wealth concentration is starker still — at ~40% (WID estimates), exceeding the income concentration by a factor of nearly two. The bottom 50%'s wealth share is below 7%.

Within India's already-high inequality, wealth inequality is meaningfully higher than income inequality.

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About this reading

This is one of 36 standing analyses drawn from the Some Perspective dataset. It is not dated commentary: it describes a relationship in the data that holds across the series, and it is regenerated whenever the underlying dataset is refreshed. The figures quoted here reflect the 2026-08-15 data vintage.

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Raman, V.S. Some Perspective: India's Economic Transformation. someperspective.info · CC BY 4.0 · data vintage 2026-08-15. Cite & download · All analyses