Denmark’s central bank says household wealth is higher than pre-Covid

National Bank of Denmark
Rachael King

Household financial net wealth in Denmark increased to 5.66 trillion krone ($927 billion) in 2020, offsetting the decline at the beginning of the year, according to new data from the central bank.

Published today (December 23), the data from the National Bank of Denmark shows Danish citizens are wealthier than before the Covid-19 outbreak.

The central bank notes that because the majority of Danes’ financial assets are linked to shares or bonds, rising markets have driven much of the recovery.

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