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Household wealth inequality remains stark despite rapid growth: Report
The New Indian Express Chennai
|September 29, 2025
A close to 29% jump in equity investments has pushed up the average wealth of households, measured in terms of gross financial assets, by 14.5% in 2024, which though on an annualised basis is up only 20 bps from 14.3% in the previous year.
However, the household debt ratio has climbed to 41, up 8 percentage points over the past decade, and widening inequalities in wealth, according to a report. The past two decades, the real per capita financial assets of households have surged five-fold, marking one of the most impressive wealth growth trajectories among emerging markets, according to a report by the German financial powerhouse Allianz group.
This story is from the September 29, 2025 edition of The New Indian Express Chennai.
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