Wesley Harris
Gross Capital Formation Capex Statistics and Stocks
Telephone: +44 (0)1633 456334
Categories: National Income, Expenditure and Output
Frequency of release: Annually
Language: English
Geographical coverage: UK
Geographical breakdown: UK and GB
UK total net worth at the end of 2011 was valued at £6.8 trillion, an increase of 3.3 per cent from 2010.
UK total net worth was equivalent to approximately £110,000 per head of population in 2011.
Households and non-profit institutions serving households (NPISH), with a total net worth of £7.0 trillion, continued to be the sector with the highest total net worth. The most valuable assets in this sector were dwellings (£4.1 trillion), insurance technical reserves (£2.2 trillion) and currency and deposits (£1.3 trillion).
Central government total net worth was -£763 billion at the end of 2011, a decrease of nearly 40 per cent compared with 2010.
Due to changes announced in Improvements to the Non-Financial Balance Sheet, figures in this bulletin are not comparable with those published in previous years. Care is also needed when comparing years after 2005. See the introduction chapter and background note 7 - IFRS for further details.
The national balance sheet shows the market value of the financial and non-financial assets for the UK. As such they are a measure of the wealth of the UK.
Accompanying this release is an opportunity to comment on ‘The National Balance Sheet’ by completing our user feedback survey.