Greek family wealth exceeds 1 trillion euros - Post-crisis recovery brings additional 200 billion euros
Household wealth in Greece has seen a remarkable recovery since 2022, with assets recovering much of the losses incurred during the decade-long economic crisis. Data from the European Central Bank (ECB) shows that total household wealth exceeded 1 trillion euros in the first quarter of 2025, reaching its highest level since 2011.
At the beginning of 2018, when the Greek economy began to recover, total gross household wealth was around 800 billion euros, with non-financial assets, mainly property and business capital, accounting for 73% of the total, while financial assets accounted for 27%.
While in 2025, total wealth expanded by more than 200 billion euros, driven by the increase in asset values and, in part, by the creation of new wealth, with financial assets reaching 33% of the total.
All categories added value, but financial assets grew the fastest, reflecting improved credit ratings. Businesses saw the biggest expansion, followed by investment funds, bonds and listed shares, while deposits and life insurance products remained relatively stable.
For 90% of Greek households, wealth continues to be concentrated primarily in real estate, as a result of the high level of home ownership in the country, complemented by deposits and financial assets of businesses.
Among the richest 10% of households, assets are more diversified, with the ratio of non-financial to financial wealth narrowing to 55% to 45%. While financial instruments such as bonds, stocks, mutual funds and life insurance represent 13% of their total wealth.
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