The gross savings per capita of French households increased again in 2024. After the gross savings of the average household in France peaked in 2020 at roughly 4,611 euros, savings decreased in 2021 and 2022, only to recover after that.

This statistic shows the average amount saved each year by French people in 2017. French people are among the savings champions in Europe. At that time, nearly ** percent of those surveyed stated that they saved between 1,000 and ***** euros annually on the various savings products available on the French market. However, a little less than ** percent of those surveyed stated that they did not save at all in the year.

This statistic represents the average amount saved each month by young workers under 40 years of age in France in 2017. At that time, almost ** percent of those surveyed indicated that they saved between *********** euros and less each month. Less than ** percent of young French workers surveyed indicated that they could save more than *** euro per month, while ** percent said that they did not save any money at all each month.

In the third quarter of 2024, French households saved nearly ** percent of their disposable income, which was a slightly higher rate than a year earlier. Between 2007 and 2019, the gross savings rate fluctuated mostly between ** percent and ** percent. However, in the second quarter of 2020, it soared to a value of ** percent. Household savings in Ireland also increased significantly during the first year of the COVID-19 pandemic.

This statistic shows the share of people who save money every month in France in 2019, according to their age group. Over the period studied, the amount of people saving money on a monthly basis has been stable regardless of their age group: ** percent of the population between ** and ** and over 65 years old has saved money each month while the percentage of people saving between ** and ** and 35 and 60 years old was lower: ** percent.

Key information about France Gross Savings Rate

• France Gross Savings Rate was measured at 14.2% in Dec 2017, compared with 14.2% in the previous quarter.
• France Gross Savings Rate is updated quarterly, with data available from Mar 1949 to Dec 2017, and an average rate of 14.2%.
• The data reached an all-time high of 14.2% in Dec 1974 and a record low of 11.3% in Dec 1987.
• Changed base year from 2010 to 2014 Replacement series ID: 403923627
• In the latest reports, France GDP expanded 0.9% YoY in Mar 2023.
• France Nominal GDP reached 736,349.8 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 5.5% in Mar 2023.
• France GDP Per Capita reached 40,533.9 USD in Dec 2022.

France: Savings as percent of GDP: The latest value from 2024 is 21.69 percent, an increase from 21.17 percent in 2023. In comparison, the world average is 22.88 percent, based on data from 84 countries. Historically, the average for France from 1975 to 2024 is 22.62 percent. The minimum value, 20.68 percent, was reached in 1985 while the maximum of 26.38 percent was recorded in 1975.

France Deposit Rate: Avg: FC: Regulated: Saving data was reported at 0.750 % in Oct 2018. This stayed constant from the previous number of 0.750 % for Sep 2018. France Deposit Rate: Avg: FC: Regulated: Saving data is updated monthly, averaging 4.000 % from Jan 1966 (Median) to Oct 2018, with 634 observations. The data reached an all-time high of 8.500 % in Jul 1983 and a record low of 0.750 % in Oct 2018. France Deposit Rate: Avg: FC: Regulated: Saving data remains active status in CEIC and is reported by Bank of France. The data is categorized under Global Database’s France – Table FR.M007: Deposit Rate.

The statistic presents the age when people start saving for retirement in selected countries worldwide as of 2013. In France, the average age at which people began saving for retirement was 30, whereas in the United Kingdom it was 25.

France BOF Forecast: NFC: Saving Ratio: Annual Average data was reported at 19.700 % in 2020. This records a decrease from the previous number of 21.600 % for 2019. France BOF Forecast: NFC: Saving Ratio: Annual Average data is updated yearly, averaging 20.100 % from Dec 2017 (Median) to 2020, with 4 observations. The data reached an all-time high of 21.600 % in 2019 and a record low of 19.700 % in 2020. France BOF Forecast: NFC: Saving Ratio: Annual Average data remains active status in CEIC and is reported by Bank of France. The data is categorized under Global Database’s France – Table FR.O013: Non Financial Corporations: Ratios: Annual Average: Forecast: Bank of France.

France FR: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. France FR: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 0.000 % from Dec 1970 (Median) to 2016, with 47 observations. France FR: Adjusted Savings: Net Forest Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s France – Table FR.World Bank.WDI: Gross Domestic Product: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

This statistic shows the number of savings accounts held by individuals (residents and non-residents) in France as of December 31, 2018, in millions. The number of Livret A held by individuals reached 55 million over this period.

Time series data for the statistic Adjusted savings: net forest depletion (current US$) and country French Polynesia. Indicator Definition:Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth.The indicator "Adjusted savings: net forest depletion (current US$)" stands at 216.16 Thousand usd as of 12/31/2021. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -6.69 percent compared to the value the year prior.The 1 year change in percent is -6.69.The 3 year change in percent is -1.18.The 5 year change in percent is -22.89.The 10 year change in percent is -21.87.The Serie's long term average value is 97.03 Thousand usd. It's latest available value, on 12/31/2021, is 122.78 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1971, to it's latest available value, on 12/31/2021, is +4,833.39%.The Serie's change in percent from it's maximum value, on 12/31/2017, to it's latest available value, on 12/31/2021, is -36.67%.

France FR: Adjusted Savings: Net National Savings: % of GNI data was reported at 2.571 % in 2016. This records a decrease from the previous number of 2.830 % for 2015. France FR: Adjusted Savings: Net National Savings: % of GNI data is updated yearly, averaging 6.340 % from Dec 1975 (Median) to 2016, with 42 observations. The data reached an all-time high of 11.166 % in 1975 and a record low of 1.649 % in 2013. France FR: Adjusted Savings: Net National Savings: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s France – Table FR.World Bank.WDI: Gross Domestic Product: Nominal. Net national savings are equal to gross national savings less the value of consumption of fixed capital.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

Time series data for the statistic Adjusted savings: particulate emission damage (% of GNI) and country France. Indicator Definition:Particulate emissions damage is the damage due to exposure of a country's population to ambient concentrations of particulates measuring less than 2.5 microns in diameter (PM2.5), ambient ozone pollution, and indoor concentrations of PM2.5 in households cooking with solid fuels. Damages are calculated as foregone labor income due to premature death. Estimates of health impacts from the Global Burden of Disease Study 2013 are for 1990, 1995, 2000, 2005, 2010, and 2013. Data for other years have been extrapolated from trends in mortality rates.The indicator "Adjusted savings: particulate emission damage (% of GNI)" stands at 0.0381 as of 12/31/2021. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -8.20 percent compared to the value the year prior.The 1 year change in percent is -8.20.The 3 year change in percent is 0.2398.The 5 year change in percent is -4.96.The 10 year change in percent is -28.16.The Serie's long term average value is 0.0567. It's latest available value, on 12/31/2021, is 32.82 percent lower, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/2017, to it's latest available value, on 12/31/2021, is +0.313%.The Serie's change in percent from it's maximum value, on 12/31/1990, to it's latest available value, on 12/31/2021, is -53.66%.

France FR: GDP: % of GDP: Gross Domestic Savings data was reported at 22.357 % in 2017. This records an increase from the previous number of 21.868 % for 2016. France FR: GDP: % of GDP: Gross Domestic Savings data is updated yearly, averaging 22.657 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 28.869 % in 1973 and a record low of 20.542 % in 2009. France FR: GDP: % of GDP: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s France – Table FR.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

France FR: Adjusted Savings: Consumption of Fixed Capital: % of GNI data was reported at 17.736 % in 2016. This records an increase from the previous number of 17.630 % for 2015. France FR: Adjusted Savings: Consumption of Fixed Capital: % of GNI data is updated yearly, averaging 15.213 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 17.794 % in 2014 and a record low of 12.280 % in 1970. France FR: Adjusted Savings: Consumption of Fixed Capital: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s France – Table FR.World Bank.WDI: Gross Domestic Product: Nominal. Consumption of fixed capital represents the replacement value of capital used up in the process of production.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;

In the second quarter of 2024, the volume debt accumulated by French households was bigger than their disposable income. Household debt in France amounted to nearly *** percent of their disposable income at that time. This indebtedness ratio has increased since 2007, when it was ** percent. However, several European countries still had much higher household debt ratios than France.

In Europe, the variation in average amounts of financial wealth per adult varied considerably as of 2022, from approximately ******* U.S. dollars in Switzerland to roughly ***** U.S. dollars in Azerbaijan. In Europe, the overall average financial wealth per adult as of 2022 was ****** U.S. dollars. In terms of private wealth, Europe held the second highest value in the world, after North America. What is financial wealth? Financial wealth, also known as financial assets or liquid assets can include wealth that an individual has in the forms of cash, stocks, bonds, mutual funds, and bank deposits. In addition to financial wealth, wealth can also be measured in other assets, called non-financial wealth. This includes physical assets, such as real estate, land, vehicles, jewelry, and art, just to name a few. Where do most wealthy individuals live? Individuals with a net worth over *********** U.S. dollars are called high-net worth individuals (HNWI). The United States was the home country to the highest number of HNWIs in 2021. China followed, although their number of HNWIs did not even reach ********* of the number in the United States. In Europe, Switzerland is the country with the highest average financial wealth per adult, but with its small population size, the number of HNWIs does not come near the numbers in the United Kingdom, Germany, France, and Italy – the European countries with the highest number of HNWIs. Considering Switzerland’s small population size, however, it is the country in the world with the highest proportion of millionaires.

France FR: Adjusted Savings: Gross Savings: % of GNI data was reported at 20.307 % in 2016. This records a decrease from the previous number of 20.460 % for 2015. France FR: Adjusted Savings: Gross Savings: % of GNI data is updated yearly, averaging 21.820 % from Dec 1975 (Median) to 2016, with 42 observations. The data reached an all-time high of 25.266 % in 1975 and a record low of 19.443 % in 2013. France FR: Adjusted Savings: Gross Savings: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s France – Table FR.World Bank.WDI: Gross Domestic Product: Nominal. Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.; ; World Bank national accounts data files.; Weighted average;