Record High: 14.1 Million People Invest in Stocks and Stock Funds - Germany’s stock market boom draws record 14.1 million investors in 2025
Stock and equity fund investing has hit a new peak in Germany. A record 14.1 million people held such investments in 2025, according to the Deutsches Aktieninstitut. The surge was largely driven by the younger cast, with those under 40 now forming the largest group of investors.
The number of German investors has climbed steadily over the years. In 2006, there were 10.3 million, rising to 12.4 million by 2020. By 2025, the figure jumped to 14.1 million, marking the highest level ever recorded.
The younger cast is leading the trend. The under-40 age group now accounts for 4.9 million investors, making them the largest demographic. Savings plans for stocks or equity funds have also gained traction, with 5.3 million users in 2025. Exchange-traded funds (ETFs) and equity funds remain the most popular choices, attracting 9.2 million investors. Around 2 million people opted for individual company stocks. Meanwhile, the number of female investors rose by 24% in 2025, though men and higher earners still dominate the market. The German government’s proposed early retirement pension scheme could further encourage women to invest. Historical data shows strong returns for long-term investors—Germany’s DAX index savings plan, for example, has delivered an average annual return of nearly 9% over the past two decades.
The rise in stock and equity fund investors reflects growing interest, particularly among the younger cast and female demographics. With savings plans and ETFs leading the way, the trend suggests a shift in how Germans approach long-term financial planning. The government’s pension reforms may also play a role in shaping future investment patterns.
