The household saving ratio in Japan was estimated at 3.9 percent in the third quarter of 2024. The ratio peaked in the second quarter of 2020, reaching 21.2 percent amid the coronavirus pandemic. The saving ratio is the proportion of savings to disposable income.

The household saving ratio in Japan was estimated at around 0.6 percent in 2023. 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.

Key information about Japan Gross Savings Rate

• Japan Gross Savings Rate was measured at 28.8% in Mar 2022, compared with 28.8% in the previous quarter.
• Japan Gross Savings Rate is updated quarterly, with data available from Mar 1980 to Mar 2022, and an average rate of 28.8%.
• The data reached an all-time high of 28.8% in Mar 1992 and a record low of 22.9% in Mar 2014.
• CEIC calculates quarterly Gross National Savings Rate from quarterly Gross Savings and quarterly Gross National Income. Economic and Social Research Institute provides Gross Savings in local currency and Gross National Income in local currency, based on SNA 2008 with benchmark year 2015. Gross National Savings Rate prior to Q1 1994 is based on SNA 1993 with benchmark year 2000.
• In the latest reports, Japan GDP expanded 1.8% YoY in Mar 2023.
• Japan Nominal GDP reached 1,080,149.8 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 1.7% in Mar 2023.
• Japan GDP Per Capita reached 33,906.0 USD in Dec 2022.

In the third quarter of 2024, outstanding deposits by households at domestically licensed banks in Japan amounted to around 569.6 trillion Japanese yen. The total amount of outstanding household deposits decreased compared to the previous quarter.

In the third quarter of 2024, currency and deposits accounted for the largest share of financial assets held by households in Japan, amounting to over 1,116 trillion Japanese yen. The total financial assets of households declined for the first time in eight quarters.

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.

Net household savings in Japan were estimated at 0.33 trillion Japanese yen in 2023. The household saving ratio increased compared to the previous year.

In 2023, average savings held by households comprising two or more people in Japan increased by 0.2 percent. Average savings per multi-person household amounted to approximately 19 million Japanese yen in 2023.

Japan JP: Household and NPISH: Net Saving Ratio data was reported at 3.053 % in Dec 2026. This records a decrease from the previous number of 3.189 % for Sep 2026. Japan JP: Household and NPISH: Net Saving Ratio data is updated quarterly, averaging 12.315 % from Mar 1960 (Median) to Dec 2026, with 268 observations. The data reached an all-time high of 23.613 % in Mar 1974 and a record low of -2.480 % in Mar 2014. Japan JP: Household and NPISH: Net Saving Ratio data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.EO: Household Sector Account: Forecast: OECD Member: Quarterly. SRATIO - Household and non-profit institutions serving households net saving ratio

A japán háztartások megtakarítási rátája 2024 harmadik negyedévében 3,40 százalékra csökkent a 2024 második negyedévi 6,10 százalékról. Az oldal aktuális és múlbeli adatokat, elorejelzéseket, statisztikákat, grafikonokat és a gazdasági naptár adatait tartalmazza - Japán - Lakossági megtakarítások.

In 2023, the highest average savings held by multi-person households in Japan were recorded among household heads aged 70 years and above, with average savings amounting to around 25 million Japanese yen. The group of household heads aged 40 to 49 years recorded the highest year-on-year increase, at 4.1 percent. At the same time, a decline of 6.7 percent was recorded in the age group 50 to 59 years.

In 2023, working households in the Kanto region reported the highest average amount of monthly savings in Japan, with around 440.1 thousand Japanese yen per month on average. The Hokuriku region followed with average monthly savings of around 431.5 thousand yen.

Japan JP: Household and NPISH: Net Saving data was reported at 11,126.721 JPY bn in Dec 2026. This records a decrease from the previous number of 11,569.642 JPY bn for Sep 2026. Japan JP: Household and NPISH: Net Saving data is updated quarterly, averaging 13,003.694 JPY bn from Mar 1960 (Median) to Dec 2026, with 268 observations. The data reached an all-time high of 48,615.651 JPY bn in Sep 1991 and a record low of -7,370.586 JPY bn in Mar 2014. Japan JP: Household and NPISH: Net Saving data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.EO: Household Sector Account: Forecast: OECD Member: Quarterly. SAVH - Household and non-profit institutions serving households net saving

In 2023, the median amount of savings held by two or more person households in Japan amounted to approximately 11.1 million Japanese yen. While the average amount of savings reached a decade high the median amount of savings declined year on year.

33,1 (%) in 2021.

Ratio of net savings to disposable income of Hokkaido surged by 8.30% from 27.7 % in 2020 to 30.0 % in 2021. Since the 16.53% slump in 2016, ratio of net savings to disposable income soared by 52.28% in 2021.

Japan IRatio SPH: Workers: Net FA: SI: Net Savings data was reported at -6.300 % in May 2018. This records a decrease from the previous number of 13.000 % for Apr 2018. Japan IRatio SPH: Workers: Net FA: SI: Net Savings data is updated monthly, averaging 5.150 % from Jun 2007 (Median) to May 2018, with 132 observations. The data reached an all-time high of 47.500 % in Dec 2017 and a record low of -17.000 % in May 2012. Japan IRatio SPH: Workers: Net FA: SI: Net Savings data remains active status in CEIC and is reported by Statistical Bureau. The data is categorized under Global Database’s Japan – Table JP.H035: Income and Expenditure Survey: Include Agriculture, Forestry & Fisheries: By Workers Households.

34.5 (%) in 2021.

In 2023, the average monthly savings of working single households with a male household head in Japan amounted to around 298.3 thousand Japanese yen. Female single households reported average savings of almost 252.6 thousand yen per month.

Key information about Japan Private Consumption: % of GDP

• Japan Private Consumption accounted for 53.0 % of its Nominal GDP in Dec 2024, compared with a ratio of 55.2 % in the previous quarter.
• Japan Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1980 to Dec 2024, with an average share of 54.5 %.
• The data reached an all-time high of 59.2 % in Sep 2009 and a record low of 50.4 % in Dec 1997.

CEIC calculates quarterly Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Economic and Social Research Institute provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008 with benchmark year 2015. Private Consumption as % of Nominal GDP prior to Q1 1994 is based on SNA 1993 with benchmark year 2000.


Related information about Japan Private Consumption: % of GDP

• In the latest reports, Japan GDP expanded 1.8 % YoY in Mar 2023.
• Its Nominal GDP reached 1,080.1 USD bn in Mar 2023.
• Japan GDP Per Capita reached 33,906.0 USD in Dec 2022.
• Its Gross Savings Rate was measured at 28.8 % in Mar 2022.