These five charts show how German wealth is distributed

Real estate in Dusseldorf

In 2021, around 93 percent of the wealthiest households owned real estate.

(Photo: dpa)

Frankfurt The assets of German private households have increased significantly in recent years. The Bundesbank came to this conclusion in its major household survey for 2021, the results of which it published in its monthly report on Monday.

Accordingly, the average net wealth of private households in 2021 reached a nominal EUR 316,500, the highest level since the surveys began ten years ago. That was 83,600 euros more than in the analysis four years earlier.

The survey provides detailed data on how Germans have invested their money and how unequally wealth is distributed. The fact that the survey was conducted so long ago has to do with the fact that the evaluation is very time-consuming. As a result, current developments such as the sharp rise in interest rates and high inflation are hardly taken into account. In total, the Bundesbank surveyed over 4,100 households and almost 7,000 people.

An overview of the most important results in five graphs:

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