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Household preference for banks or regulated funds in U.S., Japan, and the EU 2019

In the fourth quarter of 2019, just over half of household wealth in Japan was held in bank accounts or currency, compared to only four percent which was held in regulated funds. This contrasts sharply to the United States, where more households were almost twice as likely to hold their wealth in regulated funds than in bank accounts or currency.

Share of household wealth that is held in bank deposits and currency versus regulated funds in 2019, by country

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Release date

May 2020



Survey time period

Q4 2019*

Supplementary notes

* Values for the European Union are from Q3 2019.

** For the United States and Japan, regulated funds include total net assets held by mutual funds and ETFs. For the European Union, regulated funds include investment fund shares as defined by their respective systems of national accounts.

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Statistics on "Mutual funds"

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