German private wealth estimated at over €10 trillion

Germans held just over €10 trillion ($11.7 trillion) in their private financial assets in 2025, according to a bank study.

Financial assets have been rising for years because people in Germany are champion savers relative to other countries and, despite widespread scepticism about the stock market, are benefiting from rising share prices.

In its projection, DZ Bank reported that nominal financial assets will have increased to 10.03 trillion in 2025, a rise of 6% compared to the previous year.

Economist Michael Stappel, who compiles the figures every six months, forecasts further growth for 2026, even though lower price gains on the stock markets are to be expected and the savings rate could also fall slightly.

"However, the absolute savings of private households will remain at the previous year's level," he said. Private financial assets are likely to increase by 5% to €10.5 trillion in 2026, he predicted.

Economic uncertainty, concerns about jobs and rising prices are causing many people in Germany to hold back on purchases and save their money.

However, German citizens did not put as much money aside in 2025 as they did a year earlier, according to the Federal Statistical Office.

Nevertheless, the savings rate remained high by international standards at 10.3% in the first half of the year. That meant that for every €100 of disposable income, people put aside an average of €10.30.

This corresponds to an average monthly amount of just under €270 per inhabitant.

Based on the data for the first three quarters, DZ Bank economist Stappel estimates the savings rate for 2025 as a whole at 10.4% - lower than a year earlier (11.2%), but still above average.