I don't know about Germany, but Sweden has one of the highest private debt levels in the 'western' world. That seriously drags down the net wealth numbers. Als

I don't know about Germany, but Sweden has one of the highest private debt levels in the 'western' world. That seriously drags down the net wealth numbers. Also the whole point of the "Swedish model" argument is that a high net wealth shouldn't be a requirement for a high quality of life.