Households' financial assets

Updated: 28 Jun 2018
Next update: 28 Sep 2018

The indicator shows the value of households' financial assets at the end of each quarter by financial asset category. In financial accounts, data are compiled in accordance with the 2010 European System of Accounts (ESA 2010). Financial assets are mainly valued at market value. Deposits and loans are, however, valued at nominal value. Other shares and equity for which no market value is available, are valued at the enterprises' equity value.

Insurance, pension and standardised guarantee schemes include households' insurance receivables. It includes life insurance technical reserves, pension entitlements and non-life insurance related households' receivables. Life insurance technical reserves consist of outstanding claims of life insurance policies. Pension entitlements include pension funds that have been established to ensure payment of other than statutory employment pensions (TEL).

The development of households' financial assets affect households' consumption possibilities and thus have an effect on economic growth. In addition, households' financial assets are important in terms of the stability of the financing system.

   

Stock exchange fluctuations lowered the value of households investment assets

The value of quoted shares held by households decreased by EUR 2.4 billion during the first quarter of 2018. Mutual fund shares also generated holding losses of EUR 0.4 billion. The positive value development of unquoted shares and other equity evened out the decrease so that, as a whole, households holding losses remained at EUR 2.4 billion.

Statistical release