German Shareholder Numbers Decline for Second Consecutive Year

Despite a drop to 12.1 million shareholders in 2024, experts highlight a sustained long-term interest in equity investments for wealth building.

The number of shareholders in Germany fell to 12.1 million in 2024, down from 12.3 million in 2023 and a high of 12.9 million in 2022.
The decline is attributed to economic uncertainty, increased risk aversion, and the appeal of higher savings interest rates.
Younger investors under 40 showed a positive trend, with 150,000 more individuals entering the stock market in 2024, reaching 3.7 million.
The Deutsche Aktieninstitut emphasizes the need for political reforms to make equity investments more attractive for retirement planning.
Calls for a stock-based pension system persist, but proposals like the 'Generationenkapital' remain stalled due to political changes.