Tag Archives: pension wealth

The Wealth of Households and Existential Threats

Among the plethora of statistics put out by governments around the world, numbers on household wealth are relatively rare. The Office for National Statistics (ONS) in the U.K., however, is an exception through its publication of a detailed household wealth survey. Moreover, the survey size is such that we are able to get a sense of the household wealth of the British nation as a whole.

The lessons that can be drawn from this survey are not limited to the U.K. In short, the survey highlights the link between economic growth and individual wealth worldwide.

And here is the result. Aggregate total household wealth in the U.K. was £10.3 trillion (click for larger image, original report can be found here) for the most recent survey period.

Aggregate Total Wealth jpg

Interestingly, the greatest component of household wealth today is pensions rather than property (click for larger image).

Breakdown of Aggregate Wealth jpg