WIREDGOV

Main 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 financial assets, such as loans, and non-financial assets, such as dwellings. Market value is an estimate of how much these assets would sell for, if sold on the market.
• The estimates in this release cover the period 1997 to 2014. All data referred to in this bulletin are annual estimates at current prices.
• At the end of 2014, the total net worth of the UK was estimated at £8.1 trillion. This was equivalent to an average of £125,000 per person or £302,000 per household.
• Dwellings remained the most valuable non-financial asset in the UK at £5.1 trillion, accounting for 63% of the UK’s total net worth at the end of 2014. Dwellings increased in value by £408 billion (9%) over the period 2013 to 2014.
• The households and non-profit institutions serving households (NPISH) sector provided the largest increase in the total net worth of the UK in 2014. This sector increased in value by £1.03 trillion (12%) over the period 2013 to 2014.
• Financial corporations placed the largest downward pressure on the total net worth of the UK between 2013 and 2014. This can be mainly attributed to a decrease of £175 billion (16%) in their estimated financial net worth of “equity and investment fund shares/units”.

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