Richard Boyd Barrett
Ceist:370. Deputy Richard Boyd Barrett asked the Minister for Finance the total household wealth here including all property and financial assets less all liabilities. [35033/18]
Amharc ar fhreagraTuesday, 24 July 2018
Ceisteanna (370)
Freagraí scríofa
The net worth, or wealth, of households in Ireland stood at €727 billion at the end of 2017. This includes financial and housing assets, net of all liabilities.
The following table provides a breakdown of the household net worth.
|
Q4 2017 |
Financial Assets |
Liabilities |
Housing Assets |
Net Worth |
|
€ billion |
377 |
-151 |
501 |
727 |
Household net worth rose 10% during 2017, from €658 billion at the end of 2016. This was largely driven by housing assets, which grew by 12% over the same period, while liabilities also fell by 2% as households continued to reduce their debt.
The current level of household net worth now exceeds the pre-crisis peak of €720 billion.