Global Wealth Report: Austrians Richer than Before 2008

BusinessEconomy ♦ Published: September 24, 2013; 21:52 ♦ (Vindobona)

This year, the financial assets of private households exceeded the level of 2007 for the first time.

Global Wealth Report: Austrians Richer than Before 2008 / Picture: © Vindobona.org

According to the German insurance group Allianz, there are substantial differences between European countries. Moreover, the gap is growing persistently. On average, the privately held net assets total € 38,800 per head in the Eurozone.

With private net assets of 42,000, Austria is moderately above the Eurozone´s average. Compared to 2012, this is an increase by 5%. Above all,…