Shareholder numbers 2019: Interest down (in German)

After two years of rising shareholder numbers, the positive trend came to a halt in 2019. In 2019 there were a total of around 9.7 million people in Germany who owned shares or equity funds. Compared to the previous year, almost 660,000 investors thus turned their backs on the stock market. Only 15.2 percent, or just under one in seven Germans over the age of 14, therefore owned shares or equity funds.

On the occasion of the 30th anniversary of the fall of the Berlin Wall in 2019, the current edition of the shareholder figures includes a detailed East-West comparison. The shareholder culture in both parts of the country still differs significantly. While one in six people in West Germany owns shares or funds, in the east of the country it is only one in ten.

The separate illustrations from the study can be found here.