Overview
- Net financial wealth reached about €210 trillion at end‑2024, up 10.3% year over year, while the richest 10% hold roughly 85% of total net financial assets across the 57-country sample.
- Roughly half of 2024’s increase came from the United States, which leads with net financial wealth per capita of about €311,000 versus Germany’s €86,800 (rank 13).
- Securities were the main engine of gains, rising about 11.5% in 2023 and 12.0% in 2024, as U.S. households funneled about 67% of new savings into equities compared with roughly 26% in Western Europe.
- Allianz projects around 6% nominal growth in 2025 but notes that inflation and potential equity setbacks, along with trade-policy uncertainty, could temper outcomes, with wealth relative to GDP near its 2017 level.
- The report covers household financial assets and liabilities in 57 countries representing 91% of global GDP and excludes real estate, and Germany’s per-capita jump was partly a one‑time Bundesbank valuation revision adding roughly €10,000 per person.