With rapidly growing deposits, household investment in equity is decreasing
Lithuania’s financial accounts for Q3 2020
At the end of the third quarter of 2020, financial assets of households1 accounted for €53.5 billion. The main components of household financial assets were equity (€21.4 billion) and deposits and currency (€19.5 billion).
The annual growth rate of deposits and currency reached 18.2%. It is the highest rate observed over the last decade. At the same time, household investment in equity decreased by 12.1% year on year.
Detailed Q3 2020 data on financial assets and liabilities of households as well as other sectors is available on the Bank of Lithuania website (under Financial accounts statistics, Debt indicators of institutional sectors and Financial assets and liabilities of households).
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1Including non-profit institutions serving households.