Return on equities, bonds and bills worldwide 1900-2023

Annualized real return on equities, bonds and bills worldwide excluded the United States from 1900 to 2023

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Release date

February 2024

Region

Worldwide

Survey time period

1900 to 2023

Special properties

Annualized real return

Supplementary notes

The source adds: "The three asset classes are equities, long-term government bonds, and US Treasury bills. All returns include reinvested income, are adjusted for inflation, and are expressed as geometric mean returns."

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Access all statistics starting from $2,388 USD yearly *

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$199 USD
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

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