Household Net-Worth Measure
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A Household Net-Worth Measure is a net-worth measure/wealth measure that is a household economic measure.
- AKA: Household Wealth Measure.
- Context:
- output: Household Wealth Value (which can range from low household wealth to high household wealth).
- It can (typically) be based on a household's assets (savings, bonds, stocks, individual retirement accounts, real estate equity, and vehicles) minus all household debt.
- It can range from being a Gross Household Wealth Measure to being a Net Household Wealth Measure.
- It can range from being an Individual Household Wealth to being a Household Population Wealth (which can be associated with a per Capita Household Wealth).
- It can be a component of World Wealth.
- …
- It can be a Regional Household's Wealth, such as a Regional Median Household Wealth.
- It can include Household Real-Estate Wealth, Household Financial Instrument Wealth, ...
- …
- Example(s):
- a Regional Household Wealth, such as U.S. Household Wealth.
- …
- Counter-Example(s):
- See: Net Profit, Net Income, Purchasing Power Parity, Net Worth.
References
2021
- (Wikipedia, 2021) ⇒ https://en.wikipedia.org/wiki/Household_net_worth Retrieved:2021-3-18.
- Household total net is the net worth for individuals and is used as a measure in economics to compare the wealth of different groups. The net worth is the value of total assets minus the total value of outstanding liabilities. Household financial net worth is the balancing item of their financial balance sheet recorded at current market values. The total net worth is measured as a percentage of net disposable income.
The financial net worth is calculated as the ratio of financial net worth of households divided by the number of individuals in the country, in United States dollars at current purchasing power parity.
- Household total net is the net worth for individuals and is used as a measure in economics to compare the wealth of different groups. The net worth is the value of total assets minus the total value of outstanding liabilities. Household financial net worth is the balancing item of their financial balance sheet recorded at current market values. The total net worth is measured as a percentage of net disposable income.
2021
- (Wikipedia, 2021) ⇒ https://en.wikipedia.org/wiki/Household_net_worth Retrieved:2021-3-18.
Household net worth Source: OECD[1] | ||
---|---|---|
Country | % of net disposable income, 2017 | |
Belgium | 699.4 | |
Netherlands | 687.9 | |
United States | 683 | |
Canada | 585.1 | |
Denmark | 582.8 | |
Sweden | 578 | |
France | 553.7 | |
United Kingdom | 499.9 | |
Germany | 468.9 | |
Austria | 444.1 | |
Australia | 434.3 | |
Luxembourg | 423.7 | |
South Korea | 365.5 | |
Czech Republic | 349.3 |
2020
- https://data.oecd.org/hha/household-net-worth.htm
- QUOTE: Household total net worth represents the total value of assets (financial as well as non-financial) minus the total value of outstanding liabilities of households (including non-profit institutions serving households). Please note that this indicator only takes into account the value of dwellings, and not other types of non-financial assets. The following financial assets and liabilities are included: currency and deposits; debt securities; loans; equity and investment fund shares/units; insurance, pensions and standardised guarantee schemes; financial derivatives and employee stock options; and other accounts receivable/payable. The indicator is measured as a percentage of household net disposable income.
- QUOTE: Household total net worth represents the total value of assets (financial as well as non-financial) minus the total value of outstanding liabilities of households (including non-profit institutions serving households). Please note that this indicator only takes into account the value of dwellings, and not other types of non-financial assets. The following financial assets and liabilities are included: currency and deposits; debt securities; loans; equity and investment fund shares/units; insurance, pensions and standardised guarantee schemes; financial derivatives and employee stock options; and other accounts receivable/payable. The indicator is measured as a percentage of household net disposable income.
- ↑ "Household net worth 2017". https://data.oecd.org/hha/household-net-worth.htm. Retrieved June 19, 2019.