At the end of the fourth quarter of 2018, the financial assets of households in Germany stood at €6,016 billion. Compared with the third quarter of 2018, this represents a decrease of just over €28 billion.

In the third quarter of 2022, households’ financial assets shrank for the third time in a row owing to persistent valuation losses. A phase of negative growth in financial assets lasting longer than this was last seen during the global financial crisis.

Households’ financial assets fell by €98 billion in the second quarter of 2022 and thus for the second time in succession. At the end of the quarter they stood at €7,496 billion.

In the second quarter of 2024, German households’ financial assets grew by €136 billion, closing the quarter at €8,815 billion. This represents a new all-time high.

Households’ financial assets grew by €161 billion to €7,618 billion in the fourth quarter of 2021. Taking all transactions and valuation effects into account, growth was thus significantly higher than in the (weak) third quarter.

Das Nettogeldvermögen privater Haushalte ist weiter gestiegen. Die Bewertungsgewinne treiben den Vermögenszuwachs an. Die reale Rendite steigt auf 1,4 Prozent. Die Unternehmensfinanzierung steigt leicht an, Verbindlichkeiten wachsen.
 

Following the decline in the previous quarter, households’ financial assets rose by €250 billion in the fourth quarter of 2023, amounting to €7,716 billion at the end of the year.