The richest 1% own 25% of Dutch household assets


Financial inequality in the Netherlands has reduced since 2015, but this is largely due to the knock-on effect of economic crisis and rise in house prices, national statistics agency CBS said.

The richest 1% in Dutch society owned 25% of household assets in 2020, but this is down from 32% in 2016, the CBS said.

In 2020, the top 10% wealthy households owned over 60% of total assets, down from 70% five years earlier.

However, the shift is largely due to property values and if own homes are excluded from the calculations, there has been little change in the asset spread across society, the CBS said.

Thank you for donating to

The team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments. has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.

If you have not yet made a donation, but would like to, you can do so via Ideal, credit card or Paypal.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *