According to The Economist, "developed economies" assets at the end of 2002 were the following[citation needed]:
Residential property: $48 trillion;
Commercial property: $14 trillion;
Equities: $20 trillion;
Government bonds: $20 trillion;
Corporate bonds: $13 trillion;
Total: $115 trillion.
That makes real estate assets 54% and financial assets 46% of total stocks, bonds, and real estate assets. Assets not counted here are bank deposits, insurance "reserve" assets, and human assets; also it is not clear if all debt and equity investments are counted in the categories equities and bonds.
