The wealth estimates compiled by Istat and the Bank of Italy released as of today provide a comprehensive description of the assets held by households and non-financial corporations and of how they have changed over time. It is also possible to make a comparison with other advanced economies, bearing in mind that international comparability remains imperfect. <\/p>\n
At the end of 2017, the net wealth of Italian households stood at \u20ac9,743 billion, eight times the size of their disposable income. Dwellings were the main component of investment for households: with a value of \u20ac5,246 billion, they accounted for half of gross wealth. Total household liabilities equalled \u20ac926 billion, a level which, compared to income, was lower than in other countries. Financial assets reached \u20ac4,374 billion, up compared with the previous year; however, in proportion to net wealth they remained lower than the level recorded in other economies. <\/p>\n
The net wealth of non-financial corporations amounted to \u20ac1,053 billion. Total assets equalled \u20ac4,943 billion, 63 per cent of which were non-financial assets. The financial component grew between 2013 and 2017, up to \u20ac1,840 billion. In contrast, there was a decline in the value of real assets, which largely consist of non-residential real estate and machinery and equipment. Recourse to financing through securities and loans equalled \u20ac1,233 billion, a limited amount by international comparison.<\/p>\n
For information <\/p>\n Istat, Directorate for national accounts<\/strong><\/p>\n Paola Santoro Antonella Baldassarini Bank of Italy<\/strong><\/p>\n Luigi Infante
\npasantor@istat.it<\/a>
\nPh. +39 06 4673.3195<\/p>\n
\nanbaldas@istat.it<\/a>
\nPh. +39 06 4673.3148<\/p>\n
\nluigi.infante@bancaditalia.it<\/a>
\nPh. +39 06 4792.3744<\/p>\n