WIREDGOV

Key points

• The National Balance Sheet is a measure of the wealth, or total net worth, of the UK. It shows the estimated market value of net financial worth, for example shares and deposits, and non-financial assets, for example dwellings and machinery. Market value is an estimate of how much these assets would sell for, if sold on the market. Estimates in this publication are at current prices and periodicity is annual.
• At the end of 2013, the net worth of the UK was estimated at £7.6 trillion. This was equivalent to an average of £119,000 per person or £289,000 per household.
• Dwellings remained the most valuable non-financial asset in the UK. Dwellings have increased in value in recent years, except for a fall in 2008. At the end of 2013 they accounted for 61% of the UK's net worth.
• The main reason for the increase in the net worth of the UK in 2013 was financial corporations. This sector increased by £421 billion (373%) in 2013. The most valuable financial transaction in this sector was loans with a financial net worth of £1.8 trillion.
• Non-financial corporations provided the largest downward pressure on UK net worth between 2012 and 2013. This can be mainly attributed to a decrease (37%) in ‘equity and investment fund shares/units’.

Get all the tables for this publication in the data section of this publication.