Slow pace, but the wealth of the Italians has taken the road uphill. After three years of declines, in 2017 the sum of real and financial assets in the pockets of our compatriots grew by 1% (+98 billion), reaching 9.743 billion euros. The data emerges from a joint analysis by Bank of Italy and Istat, which deepens a relationship published last autumn by the technicians of Via Nazionale. The new survey crosses the financial assets and liabilities published by the Bank of Italy and those of the non-financial assets published by Istat.
In detail, the wealth of Italian families is equal to eight times their disposable income. Compared with OECD statistics, this figure places Italians above the French, British and Canadians. Not only that: at the end of 2017 the value of per capita wealth of Italian families was slightly higher even than that of German families.
More than half of the gross wealth of Italian families is still made up of real estate assets (5.246 billion).
Le financial activities, on the other hand, reached 4.374 billion, up on the previous year.
Il total liabilities of households amounted to 926 billion, a lower amount, in relation to income, than in all the other EU countries.
As it regards instead the net worth of non-financial corporations, at the end of 2017 stood at 1.053 billion euros, recording a decrease of approximately 23 billion compared to the previous year and of approximately 338 billion compared to the peak reached in 2012.
The gross wealth of companies grew by 177 billion compared to the end of 2016 (+3,7%), thanks to the increase of 196 billion euros in the financial component (+11,9%), which offset the contraction in business real (-0,6%), down since 2013.
Le financial liabilities they increased by 200 billion euro compared to 2016 (+5,4%), above all due to the change in shares and other equity investments (143 billion euro), in the presence of a still limited trend in credit.
Recourse to financing through securities and loans amounted to 1.233 billion euro, a modest amount by international comparison.
