Household shareholdings lost 27% in value

The value of shares held by Dutch households fell 27% or €66bn in 2008, but they still performed better than pension funds, the national statistics office said on Wednesday.

The value of shares held by pension funds and insurance companies fell by 33% or €160bn, the CBS said in its review of the Dutch economy in 2008. Banks’ shareholdings went down in value by 21% or €25bn.
Despite an average 3.5% pay rise last year, spending power only rose by 0.5 of a percentage point. Increasing pension and healthcare premiums were to blame as well as the effects of the recession, the CBS said.

For the full report (Dutch only) click here

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation