Household Saving Rate in the United States decreased to 4.50 percent in May from 4.90 percent in April of 2025. This dataset provides - United States Personal Savings Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Personal Saving Rate (PSAVERT) from Jan 1959 to May 2025 about savings, personal, rate, and USA.

In the 1st quarter of 2025, personal savings amounted to 3.97 percent of the disposable income in the United States. The personal savings rate peaked in 2020, when U.S. households saved on average over 15 percent of their income. After that, it has remained between three and five percent. Savings during recessions During recessions, households often tend to increase their savings due to economic uncertainty and to compensate for any possible loss of income, which could occur, for example, in the case of falling into unemployment. For example, as seen in this statistic, the savings rate increased noticeably between 2007 and 2012, coinciding with a period of crisis. However, there are also factors that affect the amount of money that households can manage to set aside, such as inflation. Saving can be particularly difficult during periods when the inflation rate has been higher than the growth rates of wages. Savings accounts The value of savings deposits and other checkable deposits in the U.S. amounted to roughly 11 trillion U.S. dollars in early 2025, even after a significant fall in the amount of money placed in those types of instruments. In other words, savings accounts are a type of financial asset that is very widely used among households to save money. Nevertheless, interest rates of savings’ accounts differ a lot from one financial institution to another. Some of the lesser-known online banks had the highest interest rates, while the major banks often offered lower interest rates.

In December 2024, the personal saving rate in the United States amounted to 3.8 percent. That was slightly lower figure than a year earlier. The personal saving rate is calculated as the ratio of personal savings to disposable personal income. Within the topic of personal savings in the U.S., there are different goals and reasons for saving. What are personal savings? Saving refers to strategies of accumulating capital for future use by either not spending a part of one’s income or cutting down on certain costs. Saved money may be preserved as cash, put on a deposit account, or invested in various financial instruments. Investing usually incorporates some level of risk which means that part of the invested money can be gone. An example of a relatively safe investment would be saving bonds, such as the debt securities issued by the U.S. Department of the Treasury. Saving trends in the U.S. and abroad Looking at the personal saving rate in the United States throughout the past decades, it can be observed that savings had been decreasing until the mid-2000s, and they increased after the 2008 financial crisis. Still, the largest savings rates were reached in 2020 and 2021. The reason for that increase in the savings rate that year might be related to the measures to contain the COVID-19 pandemic. The value of personal savings in the United Kingdom has also followed a similar trend. Although events like the COVID-19 pandemic may have affect many countries in a similar way, the ability to save, as well as the average savings as a share of personal income across countries can vary significantly depending on multiple factors affecting each territory.

Graph and download economic data for National Rate: Savings (SNDR) from Apr 2021 to Jun 2025 about savings, deposits, rate, and USA.

The average interest rate of instant access deposits in the United Kingdom (UK) has started declining since the second half of 2024. That was after the interest rates of those products soared in 2022 and 2023, peaking at **** percent in January 2024. In contrast, the interest rate of instant access deposits amounted to **** percent in April 2021.

The Average Interest Rates on U.S. Treasury Securities dataset provides average interest rates on U.S. Treasury securities on a monthly basis. Its primary purpose is to show the average interest rate on a variety of marketable and non-marketable Treasury securities. Marketable securities consist of Treasury Bills, Notes, Bonds, Treasury Inflation-Protected Securities (TIPS), Floating Rate Notes (FRNs), and Federal Financing Bank (FFB) securities. Non-marketable securities consist of Domestic Series, Foreign Series, State and Local Government Series (SLGS), U.S. Savings Securities, and Government Account Series (GAS) securities. Marketable securities are negotiable and transferable and may be sold on the secondary market. Non-marketable securities are not negotiable or transferrable and are not sold on the secondary market. This is a useful dataset for investors and bond holders to compare how interest rates on Treasury securities have changed over time.

Household Saving Rate in Canada decreased to 5.70 percent in the first quarter of 2025 from 6 percent in the fourth quarter of 2024. This dataset provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Brazil Gross Savings Rate

• Brazil Gross Savings Rate was measured at 11.9% in Dec 2024, compared with 11.9% in the previous quarter.
• Brazil Gross Savings Rate is updated quarterly, with data available from Mar 1991 to Dec 2024, and an average rate of 11.9%.
• The data reached an all-time high of 11.9% in Sep 1994 and a record low of 4.8% in Mar 1994.
• CEIC calculates Gross National Savings Rate from quarterly Gross Savings and quarterly Gross National Income. The Brazilian Institute of Geography and Statistics provides Gross Savings in local currency and Gross National Income in local currency, based on SNA 2008 and BPM6. Gross National Savings Rate prior to Q1 2000 is based on benchmark year 1985.
• In the latest reports, Brazil GDP expanded 3.4% YoY in Mar 2023.
• Brazil Nominal GDP reached 491,315.0 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 6.2% in Mar 2023.
• Brazil GDP Per Capita reached 8,936.2 USD in Dec 2022.

Key information about China Gross Savings Rate

• China Gross Savings Rate was measured at 44.3% in Dec 2023, compared with 44.3% in the previous year.
• China Gross Savings Rate is updated yearly, with data available from Dec 1952 to Dec 2023, and an average rate of 44.3%.
• The data reached an all-time high of 44.3% in Dec 2010 and a record low of 16.5% in Dec 1962.
• CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The National Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, China GDP expanded 4.5% YoY in Mar 2023.
• China Nominal GDP reached 4,166,759.1 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 0.4% in Mar 2023.
• China GDP Per Capita reached 12,621.7 USD in Dec 2023.

As of March 2025, the average interest rate on savings of commercial banks in Indonesia amounted to **** percent. Both commercial and state owned banks share a similar average interest rate for this month.

Key information about Hong Kong SAR (China) Gross Savings Rate

• Hong Kong SAR (China) Gross Savings Rate was measured at 30.2% in Sep 2024, compared with 30.2% in the previous quarter.
• Hong Kong SAR (China) Gross Savings Rate is updated quarterly, with data available from Mar 1999 to Sep 2024, and an average rate of 30.2%.
• The data reached an all-time high of 30.2% in Sep 2006 and a record low of 19.0% in Jun 2023.
• CEIC calculates Gross National Savings Rate from quarterly Gross National Savings and quarterly Gross National Income. Gross National Savings is calculated as Gross National Income less Private and Government Consumption Expenditure plus Net Secondary Income. Census and Statistics Department provides Gross National Income, Private Consumption Expenditure, Government Consumption Expenditure and Secondary Income in local currency.
• In the latest reports, Hong Kong SAR (China) GDP expanded 2.8% YoY in Mar 2023.
• Hong Kong SAR (China) Nominal GDP reached 91,422.6 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 1.9% in Mar 2023.
• Hong Kong SAR (China) GDP Per Capita reached 48,990.8 USD in Dec 2022.

Graph and download economic data for Personal Saving (PSAVE) from Q1 1947 to Q1 2025 about savings, personal, GDP, and USA.

Personal savings in the United States reached a value of 975 billion U.S. dollars in 2024, marking a slight increase compared to 2023. Personal savings peaked in 2020 at nearly 2.7 trillion U.S. dollars. Those figures remained very high until 2021. The excess savings during the COVID-19 pandemic in the U.S. and other countries were the main reason for that increase, as the measures implemented to contain the spread of the virus had an impact on consumer spending. Saving before and after the 2008 financial crisis During the periods of growth and certain economic stability in the pre-2008 crisis period, there were falling savings rates. People were confident the good times would stay and felt comfortable borrowing money. Credit was easily accessible and widely available, which encouraged people to spend money. However, in times of austerity, people generally tend to their private savings due to a higher economic uncertainty. That was also the case in the wake of the 2008 financial crisis. Savings and inflation The economic climate of high inflation and rising Federal Reserve interest rates in the U.S. made it increasingly difficult to save money in 2022. Not only does inflation affect the ability of people to save, but reversely, consumer behavior also affects inflation. On the one hand, prices can increase when the production costs are higher. That can be the case, for example, when the price of West Texas Intermediate crude oil or other raw materials increases. On the other hand, when people have a lot of savings and the economy is strong, high levels of consumer demand can also increase the final price of products.

Key information about Indonesia Gross Savings Rate

• Indonesia Gross Savings Rate was measured at 35.0% in Dec 2024, compared with 35.0% in the previous quarter.
• Indonesia Gross Savings Rate is updated quarterly, with data available from Mar 2010 to Dec 2024, and an average rate of 35.0%.
• The data reached an all-time high of 35.0% in Mar 2023 and a record low of 28.3% in Dec 2015.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Consumption Expenditure. Statistics Indonesia provides Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Indonesia GDP expanded 5.0% YoY in Mar 2023.
• Indonesia Nominal GDP reached 332,773.0 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 7.1% in Mar 2023.
• Indonesia GDP Per Capita reached 4,783.3 USD in Dec 2022.

This dataset provides values for PERSONAL SAVINGS reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States SCE: Interest Rate Expectation: Probability of Higher Average Interest Rate on Savings Accounts 1 Year from Now data was reported at 26.500 % in Apr 2025. This records an increase from the previous number of 26.133 % for Mar 2025. United States SCE: Interest Rate Expectation: Probability of Higher Average Interest Rate on Savings Accounts 1 Year from Now data is updated monthly, averaging 29.753 % from Jun 2013 (Median) to Apr 2025, with 143 observations. The data reached an all-time high of 41.800 % in Mar 2017 and a record low of 24.225 % in Mar 2024. United States SCE: Interest Rate Expectation: Probability of Higher Average Interest Rate on Savings Accounts 1 Year from Now data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H085: Survey of Consumer Expectations: Financial.

Concept: Average interest rate from new credit operations started in the reference period, which are under regulation by the National Monetary Council (CMN) or linked to budget funds. The rate is weighted by the value of operations. Refers to special financing operations which require proof of proper use of funds, linked to medium and long term production and investments projects. Funds origins are shares of checking accounts and savings accounts and funds from governmental programs. Source: Central Bank of Brazil – Statistics Department 25502-month-average-interest-rate-of-earmarked-new-credit-operations---households---bndes-funds---a 25502-month-average-interest-rate-of-earmarked-new-credit-operations---households---bndes-funds---a

Concept: Average interest rate from new credit operations started in the reference period, which are under regulation by the National Monetary Council (CMN) or linked to budget funds. The rate is weighted by the value of operations. Refers to special financing operations which require proof of proper use of funds, linked to medium and long term production and investments projects. Funds origins are shares of checking accounts and savings accounts and funds from governmental programs. Source: Central Bank of Brazil – Statistics Department 25496-month-average-interest-rate-of-earmarked-new-credit-operations---households---rural-credit--- 25496-month-average-interest-rate-of-earmarked-new-credit-operations---households---rural-credit---

Key information about Israel Gross Savings Rate

• Israel Gross Savings Rate was measured at 27.2% in Dec 2024, compared with 27.2% in the previous quarter.
• Israel Gross Savings Rate is updated quarterly, with data available from Mar 1995 to Dec 2024, and an average rate of 27.2%.
• The data reached an all-time high of 27.2% in Dec 2022 and a record low of 19.5% in Sep 2008.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The Central Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Israel GDP expanded 4.1% YoY in Mar 2023.
• Israel Nominal GDP reached 126,951.7 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 4.4% in Mar 2023.
• Israel GDP Per Capita reached 54,391.2 USD in Dec 2024.