The Wealth Topography section includes cross-country data that captures, at the aggregate level, the evolution of household portfolios of assets and debt. Assets are metaphorically represented as “mountains and hills,” while debts are visualized as “seas” of debt. The data come from national accounts, household surveys, and a range of research projects and reports. These data offer a unique view of aggregate household balance sheets. Country-specific portfolios are shaped by, and reflect, national characteristics, including demographic trends, inflation and interest rates dynamics, features of financial and credit markets, the relative importance of stock exchanges versus banking systems, the strength of asset management industries, and the preferential tax treatment of assets, as well as the preferences of households and the generosity of pensions systems.
Morelli, S., Rella, G., Flores, I., Costa, G., Disslbacher, F. (2023). Wealth Topography.