{"id":2922,"date":"2025-01-30T06:01:43","date_gmt":"2025-01-30T06:01:43","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2025\/01\/30\/household-wealth-rises-31-in-three-years\/"},"modified":"2025-01-30T06:01:43","modified_gmt":"2025-01-30T06:01:43","slug":"household-wealth-rises-31-in-three-years","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2025\/01\/30\/household-wealth-rises-31-in-three-years\/","title":{"rendered":"Household wealth rises 31% in three years"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-1260101\">\n    <!-- .entry-header --><\/p>\n<div class=\"first-img article_thumbnail_wrapper\" itemscope=\"\" itemprop=\"associatedMedia\" itemtype=\"http:\/\/schema.org\/ImageObject\">\n                                                                    <picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/01\/c56058f150169a69b90407c92b11aec1_money-counter-320x200.jpg?v=1706302476\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/01\/c56058f150169a69b90407c92b11aec1_money-counter.jpg?v=1706302476\" alt=\"Household wealth rises 31% in three years\" src=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/01\/c56058f150169a69b90407c92b11aec1_money-counter-960x600.jpg?v=1706302476\"\/><br \/>\n                        <\/source><\/picture>\n                                                        <\/div>\n<div class=\"entry-content\" itemprop=\"articleBody\">\n<p>Household net wealth in Greece has shown a significant recovery since 2022, as according to data published by the European Central Bank, in the second quarter of 2024 the total net wealth of households in the country amounted to 956 billion euros and was increased by approximately 31% since the beginning of 2022.<\/p>\n<p>This is also up by 39% compared to the lowest value recorded in the first quarter of 2020, when the Covid-19 pandemic broke out. As Alpha Bank notes in its latest Economic Developments Bulletin, wealth is split into financial \u2013 i.e. cash and securities \u2013 and non-financial, which mainly concerns real estate assets, while household debt is deducted to calculate net wealth.<\/p>\n<p>Of the individual components, financial wealth recorded an increase of 13.7% since the beginning of 2022, non-financial wealth increased by approximately 32%, while, at the same time, private debt decreased by almost 9%.<\/p>\n<p>The growth in household net wealth in those three years is attributed to the increase in the price of securities (stocks and bonds), the \u20ac11.4 billion increase in household deposits from January 2022 to November 2024, and, above all, to real estate prices, which grew 11.9% in 2022 year-on-year, 13.8% in 2023 and 9.2% in the first nine months of last year.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<\/div>\n<p><script>\n        var NXFBPixelFunc = function () {\n            document.removeEventListener(\"scroll\", NXFBPixelFunc);\n            setTimeout(function () {\n                !function (f, b, e, v, n, t, s) {\n                    if (f.fbq) return;\n                    n = f.fbq = function () {\n                        n.callMethod ?\n                            n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n                    };\n                    if (!f._fbq) f._fbq = n;\n                    n.push = n;\n                    n.loaded = !0;\n                    n.version = '2.0';\n                    n.queue = [];\n                    t = b.createElement(e);\n                    t.async = !0;\n                    t.src = v;\n                    s = b.getElementsByTagName(e)[0];\n                    s.parentNode.insertBefore(t, s)\n                }(window, document, 'script',\n                    'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n                fbq('init', '109138906120213');\n                fbq('track', 'PageView');\n            }, 0)\n        };\n        document.addEventListener(\"scroll\", NXFBPixelFunc);\n    <\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.ekathimerini.com\/economy\/1260101\/household-wealth-rises-31-in-three-years\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Household net wealth in Greece has shown a significant recovery since 2022, as according to data published by the European Central Bank, in the second quarter of 2024 the total net wealth of households in the country amounted to 956 billion euros and was increased by approximately 31% since the beginning of 2022. This is &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Household wealth rises 31% in three years\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2025\/01\/30\/household-wealth-rises-31-in-three-years\/#more-2922\" aria-label=\"Read more about Household wealth rises 31% in three years\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/01\/c56058f150169a69b90407c92b11aec1_money-counter-960x600.jpg?v=1706302476","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-2922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/2922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=2922"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/2922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/2923"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=2922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=2922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=2922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}