2023 offered a surprising relief for savers around the world. The year was marked by sharp monetary tightening. But economies proved resilient and markets even boomed. Against this backdrop, global financial assets of private households recorded strong growth: With an increase of 7.6%, the losses of the previous year (-3.5%) were more than made up for. Overall, total financial assets amounted to EUR 239 trillion at the end of 2023. Growth in the three major asset classes was quite uneven. Securities (11.0%) and insurance/pensions (6.2%) benefited from the stock market boom and higher rates and grew significantly faster than the average of the last ten years. In contrast, growth in bank deposits fell to 4.6% after the pandemic-related boom years, recording one of the lowest increases in the last 20 years.

The interactive “Allianz Global Wealth Map” offers an easy way to navigate the “jungle” of wealth data. With the interactive “Allianz Global Wealth Map”, readers can navigate the “data jungle” by themselves. Simply click on a country and retrieve data, from total financial assets to liabilities per capita. The data will be represented in two different ways: either as development over time or as regional comparison for the latest year. And for the quick reader, there are the five most frequently asked questions about the wealth situation of households at the top of the map.

All figures in Euro are converted on the basis of the 2023 exchange rate.