Household wealth in Greece has experienced a remarkable rebound since 2022,
Household wealth in Greece has experienced a remarkable rebound since 2022, with assets recovering much of the ground lost during the decade-long economic crisis. Data from the European Central Bank (ECB) show that gross household wealth surpassed 1 trillion euros in the first quarter of 2025, marking its highest level since 2011.
The growth over the past three years reflects gains in both financial and non-financial assets. While real estate and other non-financial holdings continue to dominate, the composition of wealth has shifted slightly in favor of financial assets.
In early 2018, as the Greek economy began to recover, households’ total gross wealth stood at around 0.8 trillion euros, with non-financial assets—mainly property and business capital—accounting for 73%, and financial assets 27%. By 2025, total wealth had risen by more than 200 billion euros, driven by asset appreciation and, to some extent, new wealth creation, with financial assets increasing their share to 33% of the total.
All asset categories appreciated, but financial assets grew faster than non-financial ones, reflecting improved credit ratings and the restoration of Greece’s investment-grade status. Business financial assets saw the largest rise in share, followed by mutual funds, bonds, and listed equities, while deposits and
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