Household net worth

Household total net is the net worth for individuals and is used as a measure in economics to compare the wealth of different groups. The net worth is the value of total assets minus the total value of outstanding liabilities. Household financial net worth is the balancing item of their financial balance sheet recorded at current market values. The total net worth is measured as a percentage of net disposable income.

The financial net worth is calculated as the ratio of financial net worth of households divided by the number of individuals in the country, in United States dollars at current purchasing power parity.[1]

Top 10 countries with largest household net worth

Household net worth
Source: OECD[2]
Country% of net disposable income, 2017
 Belgium699.4
 Netherlands687.9
 United States683
 Canada585.1
 Denmark582.8
 Sweden578
 France553.7
 United Kingdom499.9
 Germany468.9
 Austria444.1
 Australia434.3
 Luxembourg423.7
 South Korea365.5
 Czech Republic349.3

See also

References

  1. "Is Your Net Worth Higher Than Average?". Forbes. August 15, 2018.
  2. "Household net worth 2017". www.data.oecd.org. Retrieved June 19, 2019.


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