Tashkent institute of finance

National net wealth¹
INTRODUCTION
National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities. It refers to the total value of net wealth possessed by the residents of a state at a set point in time. This figure is an important indicator of a nation's ability to take on debt and sustain spending and is influenced not only by real estate prices, equity market prices, exchange rates, liabilities and incidence in a country of the population, but also by human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future. The most significant component by far among most developed nations is commonly reported as household net wealth or worth, and reflects infrastructure investment. 
MAIN PART
There are two main sources of wealth – financial assets and physical assets. Financial assets include direct equity, fixed income and bonds, insurance, savings bank deposits, cash, provident fund, mutual funds, unlisted equity, small savings, pension funds, current deposits, alternative investments, and international assets.
Physical assets include gold, real estate, diamond, silver, platinum, other gems, and jewellery. As mentioned before, the wealth trend in the country is inclined towards financial assets. Wealth in financial assets increased by 10.96% and was valued US$3.49 trillion in FY19. Cash, Savings Accounts, Insurance, Fixed Deposits, and Direct Equity are the most preferred investment channels and cumulatively account for 72.33% contribution in overall financial assets. Mutual Funds have emerged as a popular investment channel. This is evident from the high SIP investments. SIP investment in MFs increased by 38% with a net inflow of US$12.34 Bn compared to FY18.