Household Net-Worth Measure

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A Household Net-Worth Measure is a net-worth measure/wealth measure that is a household economic measure.



References

2021

  • (Wikipedia, 2021) ⇒ https://en.wikipedia.org/wiki/Household_net_worth Retrieved:2021-3-18.
    • 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.

2021

Household net worth
Source: OECD[1]
Country % of net disposable income, 2017
Belgium 699.4
Netherlands 687.9
United States 683
Canada 585.1
Denmark 582.8
Sweden 578
France 553.7
United Kingdom 499.9
Germany 468.9
Austria 444.1
Australia 434.3
Luxembourg 423.7
South Korea 365.5
Czech Republic 349.3

2020

  • https://data.oecd.org/hha/household-net-worth.htm
    • QUOTE: Household total net worth represents the total value of assets (financial as well as non-financial) minus the total value of outstanding liabilities of households (including non-profit institutions serving households). Please note that this indicator only takes into account the value of dwellings, and not other types of non-financial assets. The following financial assets and liabilities are included: currency and deposits; debt securities; loans; equity and investment fund shares/units; insurance, pensions and standardised guarantee schemes; financial derivatives and employee stock options; and other accounts receivable/payable. The indicator is measured as a percentage of household net disposable income.