14/12/2011 00:00:00
According to the supplement to the Bank of Italy’s statistical bulletin, since late 2007, when it had reached its maximum levels, at the end of 2010 the net wealth of families (financial and real assets) has decreased by 3.2 per cent.
The financial crisis bites budgets and affects the richness of Italian families. Details emerge from the study of the Bank of Italy on the richness of Italian families. According to data from Via Nazionale, in fact, in the period between late 2009 and late 2010 total net wealth at current prices remained unchanged but at constant prices (using the consumption deflator) it declined in the last year by 1.5%. At the end of 2010, about half the wealth of the families was held in homes (approximately 4,950 billion). In international comparison the Italian families, however, show a high level of wealth, amounting, in 2009, to 8.3 times the disposable income, compared with 8 of the United Kingdom, France, 7.5 of France, 7 of Japan, 5.5 of Canada and 4.9 of the United States.
Continues to remain low even the level of debt: the amount of debt is equal to 82% of disposable income (in France and in Germany is around 100%, in the United States and Japan is 130%, in the United Kingdom is 170%.)
