Property continues to boost the average assets held by Dutch households, which reached a median of €49,800 by the beginning of last year, according to new figures from national statistics agency CBS.
Median means that half of all households had assets below this figure and half had more.
The rise is €12,000 over the year, the CBS said, and takes average assets to above the level in 2008 at the start of the previous financial crisis. Excluding property, average assets amounted to just over €15,000 last year, up a fraction on 2018.
Household assets are largely dependent on age and those with the most tend to be made up of people over the age of 65. The median assets of pensioner households in 2019 was €142,600, and around 14% had assets of more than €500,000, the CBS said.
Some 50% of Dutch households own their own home and pensioners are most likely to have paid off their mortgages.
Thank you for donating to DutchNews.nl
The DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.
DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.