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

Household Saving Rate in the United States increased to 4.90 percent in April from 4.30 percent in March of 2025. This dataset provides - United States Personal Savings Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Household Saving Rate In the Euro Area decreased to 15.18 percent in the fourth quarter of 2024 from 15.25 percent in the third quarter of 2024. This dataset provides the latest reported value for - Euro Area Personal Savings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Between 2012 and 2024, German households have had the highest saving rates of the major economies in the European Union (EU-27). While the gross savings of German households amounted to over ** percent of their disposable income in the first three quarters of 2024, that percentage just reached **** percent in Italy.

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

In the first quarter of 2024, the amount of savings made by Brazilian households accounted for 16.2 percent of the country's Gross Domestic Product (GDP). In the same quarter of the previous year, the Brazilian economy had registered a household saving rate of 17.5 percent of its GDP. In turn, Brazil's capital investments represented approximately 17 percent of GDP.

Despite some exceptions, the household savings rate during the COVID-19 pandemic was quite high in most of the countries considered. As of 2020, the saving rate of households in Switzerland was the highest among the selected countries (**** percent). Ireland followed in the list, with a saving rate of **** percent.

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.

Household Saving Rate in Japan increased to 9.10 percent in the fourth quarter of 2024 from 3.30 percent in the third quarter of 2024. This dataset provides - Japan Workers Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The household saving ratio in Japan was estimated at 4.1 percent in 2024. In 2020, the saving ratio of households had reached the highest value in decades. The saving ratio refers to the proportion of savings to disposable income.

This statistic shows the household saving rate of the United States from 2010 until 2017. In 2015, The household saving rate in the United States was 4.87 percent.

In 2023, the net household saving rate was about four percent, showing a decrease from the previous year. This was the lowest level in the past decade, indicating that households have less disposable income.

The households' saving rate is the ratio between the gross saving and the adjusted gross disposable income. Favorable economic conditions encourage higher spending, leading to a consequent drop in the savings rates. Between 2016 and 2023, the saving rate of Italian households stood stable at about ten percent. However, in 2020 it reached 17.4 percent due to an uncertain economic situation brought in by the COVID-19 pandemic, leading to a more precautionary behavior among consumers, that resulted in a higher saving rate. From 2024 on, the saving rate is forecasted to reach twelve percent of the adjusted gross disposable income.

Household Saving Rate in European Union increased to 14.02 percent in the fourth quarter of 2024 from 11.76 percent in the third quarter of 2024. This dataset provides - European Union Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

France - Household saving rate was 18.01% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - Household saving rate - last updated from the EUROSTAT on June of 2025. Historically, France - Household saving rate reached a record high of 26.33% in June of 2020 and a record low of 14.44% in June of 2019.

In Portugal, households saved approximately ** percent of their disposable income in the fourth quarter of 2024. That gross savings rate reached its highest value in the second quarter of 2020 at more than **** percent. The household savings rate in Spain, Portugal's neighbor country, also reached similar levels during the start of the COVID-19 pandemic.

Graph and download economic data for Personal saving as a percentage of disposable personal income (A072RC1Q156SBEA) from Q1 1947 to Q1 2025 about disposable, savings, personal income, percent, personal, income, GDP, and USA.

The gross saving rate of households is defined as gross saving (ESA 2010 code: B8g) divided by gross disposable income (B6g), with the latter being adjusted for the change in the net equity of households in pension funds reserves (D8net). Gross saving is the part of the gross disposable income which is not spent as final consumption expenditure (ESA 2010 8.96). Indicator described is calculated on the basis of quarterly sector accounts data by institutional sectors. Household sector comprises all households, household firms and Non Profit Institutions Serving Households (NPISH) (ESA 2010 codes S14 and S15). Sector accounts are compiled in accordance with European System of Accounts (ESA 2010). Data are expressed in percentage, in non-seasonal adjusted as well as in seasonal and calendar adjusted form.

China Household Savings Deposits Rate: Time: 1 Year data was reported at 1.500 % pa in 18 May 2025. This stayed constant from the previous number of 1.500 % pa for 17 May 2025. China Household Savings Deposits Rate: Time: 1 Year data is updated daily, averaging 1.500 % pa from Sep 1988 (Median) to 18 May 2025, with 13409 observations. The data reached an all-time high of 2.250 % pa in 27 Jun 2015 and a record low of 1.500 % pa in 18 May 2025. China Household Savings Deposits Rate: Time: 1 Year data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under High Frequency Database’s Deposit Rates – Table CN.MB: Saving Deposit Rate.