FRANKFURT, Jan. 2 (Xinhua) -- The total private financial assets owned by German households in 2025 are estimated to be over 10 trillion euros (11.72 trillion U.S. dollars), a new record high, an economist with a German bank disclosed on Friday.
According to preliminary calculations, Michael Stapple, an economist at DZ bank, estimated that the financial assets of German households will grow by around six percent to over 10.03 trillion euros for the first time in history.
Historical data compiled by the bank showed that German household financial assets have been on the rise for years, given that the savings rate in Germany is known to be high in the world.
Analysts said that economic uncertainty, job insecurity, and rising prices have caused many people in Germany to hold back on purchases and conserve their money.
The savings rate in Germany stood at 10.3 percent in the first half of 2025, according to the Federal Statistical Office (Destatis).
An increasing number of German households also opted to invest in stocks, which pushed the benchmark DAX index to historic highs in the past three years.
According to DZ Bank, gains in the value of stocks and funds contributed significantly to the wealth accumulation of private households, amounting to 290 billion euros.
Stapple predicted that the trend will continue in 2026 when private financial assets are expected to increase by five percent to 10.5 trillion euros. (1 euro = 1.17 U.S. dollar) ■