Net household wealth, i.e. the sum of real assets (dwellings, land, etc.) and financial assets (accounts, securities, shares, etc.), less financial liabilities (mortgages, personal loans and other debts) amounted to around €8,284 billion in 2008.
Total net wealth diminished by 1.9 per cent, or €161 billion, at current prices between 2007 and 2008. This was due to a large decrease in financial assets (8.2 per cent) and a 3 percent increase in liabilities, in conjunction with a positive if weaker performance by real assets (up 3 per cent).
