Global Household Financial Assets Rose in 2025
Household wealth climbed 8.6 percent to 268.4 trillion euros as market gains drove most new wealth.
Updated on Sept. 29, 2026 in Investing
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Global financial assets reached a total of 268.4 trillion euros in 2025, marking an 8.6 percent increase. Rising asset prices accounted for 80 percent of the new wealth generated during the year.
Why it matters
The heavy lifting for wealth growth in 2025 came primarily from market performance rather than fresh savings. This trend highlights how sensitive global household wealth has become to fluctuations in asset prices and security values.
Global securities holdings rose by 12.4 percent, accounting for 46.9 percent of total assets. Meanwhile, Singapore net financial assets per capita reached 192,840 euros, ranking the nation fourth globally.
The players
Allianz
Allianz is a German multinational financial services company based in Munich that publishes annual research on global wealth trends.
The details
Rising asset prices were the primary driver of wealth creation, contributing roughly 4 out of every 5 euros in new household wealth. While securities portfolios captured significant gains, fresh savings globally actually fell by 5.4 percent to 4.1 trillion euros.
Timeline
2019 served as the baseline for calculating nominal financial asset growth.
Singapore gross financial assets increased by 8.5 percent in 2024.
Global financial assets reached 268.4 trillion euros in 2025.
Global financial assets are projected to grow by 9 percent in 2026.
Market Dynamics
This data mirrors the trajectory of the S&P 500, which has increased by approximately 95 percent since the end of 2022, underscoring the reliance on equities for modern wealth accumulation. The shift illustrates a broader dependency on capital markets compared to traditional savings vehicles.
Households heavily invested in securities likely saw significant portfolio appreciation throughout 2025. However, investors should remain cautious as a potential 25 percent correction in the S&P 500 could erase an estimated 27 trillion USD in total US household wealth.
The takeaway
The surge in household wealth underscores that recent financial gains have been driven largely by market performance rather than individual saving habits. Investors should diversify holdings to mitigate the risk that a sudden market correction could sharply reverse recent wealth accumulation.
What happens next
Global financial assets are projected to grow by 9 percent in 2026 according to current market forecasts.
Further reading
For more on the factors driving modern capital gains, visit the /finance/personal-finance/investing/ section.
More information
Read the full analysis in the Allianz Global Wealth Report 2026 study.
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