Over a quarter of a million złoty – such is the average value of a Polish household’s possessions, mainly frozen in immobilities. The self-employed and inhabitants of rural areas are better off.
The National Bank of Poland investigated how Polish wealth looks like. This is the first such attempt and a s many as 3 500 families decided to talk about their possessions. What is the main conclusion? We have much to be proud of – last year, the median value of Polish households’ possessions was nearly 257 000 PLN.
– Sadly, as most of Poles' wealth is frozen in immovable property, they never see any of the money in physical form – comments Łukasz Kozłowski, expert of Employers of Poland.
The wealthy are getting wealthier. NBP experts emphasize that we may compare our wealth with eurozone countries which are much wealthier with regards to GDP. What is all the more surprising is that in gross terms Poles have more than their Western neighbors.
– Germans are much more likely to rent flats rather than buy them, which partially explains the lower net value of their assets – explains Łukasz Kozłowski.