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People in Austria own more than 1 trillion euro

73

People in Austria have much money. Their wealth is very high. A new record is here. Austria gives the data now. The wealth grows fast.

Many people save money at the bank. Other people buy shares. The value of shares grows a lot. But rich people own most money. Poor people have less money.

People spend more money now. They save less money. The debt is still low. Austria has less debt than other places.

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Definitions

Trillion
A trillion is a very big number.
Save rate
The save rate shows how much money people save.
Economy
The economy shows how well companies work.
Debt
Debt is money you must pay back.
Shares
Shares are parts of a company.

People

Edeltraud Stiftinger
Edeltraud Stiftinger works for the bank.
Josef Meichenitsch
Josef Meichenitsch is a director at the bank.

Locations

Austria
Austria is a country in Europe.
Euro area
The euro area is a group of countries.

Sources

Logo ORF
ORF

Vermögen der Österreicher knackt Billionengrenze

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Logo 5 Minuten
5 Minuten

Historischer Rekord: Österreicher besitzen jetzt 1 Billion Euro

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Logo Kurier
Kurier

Finanzvermögen der österreichischen Haushalte knackt Billion-Marke, Sparquote sinkt

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Logo Kurier
Kurier

Geldvermögen der Österreicher knackt erstmals Billionengrenze

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Logo Standard
Standard

Haushaltsvermögen der Österreicher knackt erstmals Billionengrenze

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