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Infographic: Ireland's households lost the most during the crisis compared to European neighbours

When compared to our European neighbours, Ireland's households lost the most during the financial...
Newstalk
Newstalk

14.12 24 Oct 2015


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Infographic: Ireland's...

Infographic: Ireland's households lost the most during the crisis compared to European neighbours

Newstalk
Newstalk

14.12 24 Oct 2015


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When compared to our European neighbours, Ireland's households lost the most during the financial crisis. 

A report from the European Central Bank examined the net worth of households across Europe over four years up to and including 2013, assessing how the financial crisis affected the different regions.

According to the report, Ireland's households lost the most, falling an average of €18,474, while the rest of the PIGS (Portugal, Italy, Greece and Spain) group of countries also feature in the bottom five. 

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On the other end of the scale, the Netherlands and Belgium fared the best from the period of instability, with the net worth of the average household in those countries growing €33,621 and €24,005 respectively.

Infographic: Irish Households Lost The Most In The Financial Crisis | Statista
Infographic via Statista


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