Insee
Insee Première · October 2021 · n° 1874
Insee PremièreNational economic wealth in 2020 The evolutions differ from the public sector to the private sectors

Inès Karmous (Insee), Aurélien Ravary (Banque de France)

By the end of 2020, France’s national wealth (or net worth) amounted to 17,682 billion euros, or 9.6 times its net domestic product. It continued to expand despite the sanitary crises (+6.9% after +5.7%) and the increase is largely attributable to property prices. In particular, household net worth rose significantly (+6.4% after +7.0%) reaching 13,440 billion euros. The same factor in non-financial corporations grew at a faster pace than the previous year (+11.2% after +4.3% in 2019) and amounted to 3,372 billion euros. Financial corporations net worth increased as well (+23.0%) reaching 682 billion euros, driven by the rise of their financial wealth. In contrast, net wealth of public administration decreased considerably (–126 billion euros) due to the increased debt to finance income support; it amounted to 189 billion euros.

Insee Première
No 1874
Paru le :Paru le01/10/2021