According to the 2017 Household Finance and Consumption Survey, the mean and the median net wealth of households living in Portugal were, respectively, 162.3 and 74.8 thousand euros. In the same year, households with the 10% highest net wealth held 53.9% of the households’ total net wealth and those with the 50% lowest net wealth held 8.1%.
In real terms, from 2013 to 2017, the mean net wealth per household increased by 13.2% and the median net wealth increased by 10.0%. The increase has been registered at different levels of wealth, and the inequality, as measured by the Gini coefficient, declined from 68.4% to 67.9%.
This press release presents the results for the third wave of the Portuguese Household Finance and Consumption Survey (ISFF) conducted under the European project Household Finance and Consumption Survey (HFCS), whose purpose is to obtain comparable information on the financial situation of households in euro area countries and other European countries. ISFF data chiefly focus on the wealth of households living in Portugal, more specifically real assets, financial assets and debts. The survey also collects information on demographic and socio-economic aspects, including income and consumption. In Portugal, the survey is conducted by Banco de Portugal and Statistics Portugal.