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

Russia Expected Inflation: Households with Savings data was reported at 12.400 % pa in Apr 2025. This records an increase from the previous number of 11.000 % pa for Mar 2025. Russia Expected Inflation: Households with Savings data is updated monthly, averaging 9.850 % pa from Jul 2017 (Median) to Apr 2025, with 86 observations. The data reached an all-time high of 17.200 % pa in Mar 2022 and a record low of 6.900 % pa in Mar 2020. Russia Expected Inflation: Households with Savings data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE006: Inflation Expectations: Central Bank of Russian Federation. [COVID-19-IMPACT]

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 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.

Russia Expected Inflation: Households without Savings data was reported at 13.900 % pa in Apr 2025. This records a decrease from the previous number of 15.100 % pa for Mar 2025. Russia Expected Inflation: Households without Savings data is updated monthly, averaging 11.800 % pa from Jul 2017 (Median) to Apr 2025, with 86 observations. The data reached an all-time high of 19.300 % pa in Mar 2022 and a record low of 8.500 % pa in Mar 2020. Russia Expected Inflation: Households without Savings data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE006: Inflation Expectations: Central Bank of Russian Federation. [COVID-19-IMPACT]

This data-set cited sources that helped assess the interrelationship between savings, spending, and inflation expectations among undergraduate students. It was directed towards discovering the difficulties students may face with their finances because of inflation. A web-based survey was administered to 315 undergraduate students in Nigeria. Data obtained was analyzed using descriptive statistics such as percentage and frequency. The results revealed inflation expectations had a significant negative impact on the spending habits of students. The results further revealed that individual savings attitudes were reduced with an increase in inflation, but overall savings did not.

Russia Observed Inflation: Households with Savings data was reported at 14.200 % pa in Apr 2025. This records an increase from the previous number of 13.600 % pa for Mar 2025. Russia Observed Inflation: Households with Savings data is updated monthly, averaging 12.150 % pa from Sep 2017 (Median) to Apr 2025, with 80 observations. The data reached an all-time high of 20.200 % pa in May 2022 and a record low of 7.200 % pa in Mar 2020. Russia Observed Inflation: Households with Savings data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Household Survey – Table RU.HE008: Observed Inflation. [COVID-19-IMPACT]

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

According to a survey conducted in November 2022, the majority of Hungarians limited their expenses in order to protect themselves from peaking inflation rates. At the same time, 14 percent of the respondents stated that they took a second job to achieve financial security.

In 2022, according to medium and large companies in Poland, moving resources to the cloud should not be associated with reduced employment in the IT department. Over ** percent of savings during the high inflation time was generated by increased security and business continuity.

Inflation Nowcast: Contribution: Deposits & Loans: Saving Deposits: Brazilian Savings & Loan System data was reported at 0.871 % in 12 May 2025. This records an increase from the previous number of 0.029 % for 05 May 2025. Inflation Nowcast: Contribution: Deposits & Loans: Saving Deposits: Brazilian Savings & Loan System data is updated weekly, averaging 1.407 % from Jun 2016 (Median) to 12 May 2025, with 465 observations. The data reached an all-time high of 29.448 % in 08 May 2017 and a record low of 0.002 % in 03 Apr 2023. Inflation Nowcast: Contribution: Deposits & Loans: Saving Deposits: Brazilian Savings & Loan System data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Brazil – Table BR.CEIC.NC: CEIC Nowcast: Inflation: Headline.

Graph and download economic data for Producer Price Index by Industry: Savings Institutions and Other Depository Credit Intermediation: Credit Cards, Overdraft Credit, and Related Plans (PCU522120522120109) from Dec 2011 to May 2025 about thrifts, credit cards, credits, depository institutions, PPI, industry, inflation, price index, indexes, price, and USA.

This survey studied the financial awareness and knowledge of people living in Finland, and their views on financial issues. The survey is based on the OECD financial literacy questionnaire and methodological guidance developed by the International Network on Financial Education (INFE). Data collection was conducted by TNS Gallup Finland. The survey was financed by Academy of Finland (269130), OP Group Research Foundation (OP-Pohjola ryhmän tutkimussäätiö), Foundation for Economic Education (Liikesivistysrahasto), Vaasan Aktiasäätiö, and Finnish Foundation for Share Promotion (Pörssisäätiö). Main themes included management of personal finances, consumption and saving behaviour, insurances, preparedness for retirement, financial knowledge in general, over-indebtness, own financial abilities and trust in financial institutions. The respondents were also asked to evaluate their financial decisions and the influences behind their decisions. The respondents' management of daily finances was charted with questions on whether the respondents planned their personal or household's consumption beforehand (e.g. by making a budget) and what methods they used for planning and monitoring their finances (e.g. online banking). Some questions focused on the financial products (e.g. credit cards, bank accounts, debts, insurances, investments) that the respondents used and where they got information on these products. General attitudes towards personal finance management were studied through statements relating to, for example, paying bills on time, taking risks in life, monitoring of finances and worrying about the future. Ways of dealing with insufficient income to cover costs were also charted (e.g. whether the respondents borrowed food or money from family or friends). Saving behaviour was investigated by asking the respondents, for example, whether they saved money on their disposal account or invested in shares, and for how long they could live on their savings if their main source of income was lost. Attitudes towards and awareness about insurances were studied through statements concerning, for example, the necessity of insurance for families and the understandability of contents and conditions of different insurances. Next, the survey charted whether the respondents were self-employed and how they prepared for retirement (for example, how the respondents used pension insurance for the self-employed (YEL), whether they knew which pension insurances they were entitled to, and whether they thought that they were saving enough money for retirement). The respondents' financial knowledge was assessed by asking questions about the economy and different financial issues (e.g. interest and inflation). Knowledge and experiences about over-indebtness were charted through questions concerning, for example, defaults on debts, payments or repayments and the respondents' own debt situation. The respondents' awareness was examined on whether they knew where they should appeal a decision made by a bank or insurance company if they were not satisfied with it. Finally, the survey charted abilities, satisfaction and trust in financial issues and institutions (e.g. how the respondents would describe their own abilities in making good financial decisions, whether they were satisfied with their life overall, and whether they thought that banks, insurance companies or the justice system could be trusted). Background variables included, among others, gender, age, marital status, household composition, gross annual income of the respondent and household, highest level of education, as well as NUTS2 and NUTS3 regions of residence.

This data is used for article of macroeconomic of some Asian countries in long period which explained about four Asian countries, such as Indonesia, Malaysia, Singapore, and South Korea. This data has taken from World Bank Development Indicators (WDI) database and is formed by Vector Auto Regression (VAR) model, then empirical result is executed by Granger causality model on E-views 11 program to gauge the relationship between gross domestic product, exchange rate, inflation rate, foreign direct investment, net export, government expenditures, unemployment rate, and savings. The results showed that most of gross domestic product of sample and other macro-economy variables have not causality relationship.

Following the rising inflation rates worldwide in 2022, two thirds of the respondents in a survey conducted in ** countries responded that they had taken actions to cut spending. Of these, ** percent found seeking out deals to be the most effective measure, followed by reducing energy consumption.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Graph and download economic data for Producer Price Index by Industry: Savings Institutions and Other Depository Credit Intermediation: Loan Services (PCU5221205221201) from Dec 2003 to May 2025 about thrifts, loans, services, depository institutions, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Savings Institutions and Other Depository Credit Intermediation: Time and Other Deposits (PCU522120522120202) from Dec 2011 to May 2025 about thrifts, deposits, depository institutions, PPI, industry, inflation, price index, indexes, price, and USA.

The statistic shows the inflation rate in India from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2024, the inflation rate in India was around 4.67 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economy Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was purchasing than he would have done in 2010. India’s inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010. India’s economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more than 9 percent of GDP.