In 2024, the highest average savings held by multi-person households in Japan were recorded among household heads aged ** to ** years, with average savings amounting to around **** million Japanese yen. The group of household heads aged ** to ** years recorded the highest year-on-year increase, at **** percent. At the same time, a decline of *** percent was recorded in the age group of people aged ** and above.

In 2024, average savings held by households comprising two or more people in Japan amounted to approximately **** million Japanese yen, an increase of *** percent year on year. Multi-person households Savings held by multi-person households increased proportionally with the age of the household head. Over **-year-olds saw a decline in their savings. The average net savings, the current savings minus current liabilities, of multi-person households amounted to around **** million Japanese yen in 2024. Among households with household heads aged ** years and younger, net savings were negative, indicating that liabilities exceeded the amount of savings held among households in younger age groups. Working multi-person households Among all multi-person households, working households held savings of around **** million yen on average, up by *** percent. Almost ** percent of the savings held by working multi-person households were ***********************. This reflects the overall trend that a substantial part of Japanese households' financial assets are cash and deposits, while investments in securities make up a small share. In 2024, the share of securities in working households' savings increased by **** percent.

In 2024, the median amount of savings held by two or more person households in Japan amounted to approximately **** million Japanese yen. Both, the median and average amount of savings reached a decade high.

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.

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.

In the first quarter of 2025, currency and deposits accounted for the largest share of financial assets held by households in Japan, amounting to over 1,119.5 trillion Japanese yen. The total financial assets of households decreased compared to the previous quarter.

In 2024, average savings held by working households comprising two or more people in Japan increased by *** percent. Average savings per working multi-person household amounted to approximately **** million Japanese yen in 2024.

In 2024, the average monthly savings of working single households in Japan amounted to around 284.5 thousand Japanese yen, up by two percent compared to the previous year. The average monthly savings of men living alone were higher than those of women.

According to a survey conducted in 2022, close to 20 percent of the respondents in Japan thought that their own household needed to save up to 25 million Japanese yen before going into retirement. At the same time, a share of 17 percent thought that up to 15 million yen were needed before retirement.

Japan JP: GDP: % of GDP: Gross Domestic Savings data was reported at 24.536 % in 2016. This records an increase from the previous number of 23.587 % for 2015. Japan JP: GDP: % of GDP: Gross Domestic Savings data is updated yearly, averaging 31.658 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 42.203 % in 1970 and a record low of 20.874 % in 2013. Japan JP: 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 Japan – Table JP.World Bank: 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;

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.

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

Japan JP: Adjusted Savings: Gross Savings: % of GNI data was reported at 26.484 % in 2016. This records an increase from the previous number of 26.236 % for 2015. Japan JP: Adjusted Savings: Gross Savings: % of GNI data is updated yearly, averaging 27.075 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 31.915 % in 1996 and a record low of 22.941 % in 2012. Japan JP: 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 Japan – Table JP.World Bank: 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;

In 2023, the average monthly savings of working multi-person households in Japan amounted to around *** thousand Japanese yen. The highest amount of monthly savings per household in the past decade was recorded in 2020.

Japan JP: Adjusted Savings: Net National Savings: % of GNI data was reported at 3.862 % in 2016. This records a decrease from the previous number of 4.437 % for 2015. Japan JP: Adjusted Savings: Net National Savings: % of GNI data is updated yearly, averaging 5.021 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 10.925 % in 1996 and a record low of -0.756 % in 2009. Japan JP: 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 Japan – Table JP.World Bank: 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;

In 2024, the average savings held by multi-person households with a household head aged 65 years and older in Japan amounted to **** million Japanese yen. It was the fifth consecutive time that the average amount of savings increased.

Japan JP: GDP: % of GDP: Gross Savings data was reported at 27.335 % in 2016. This records an increase from the previous number of 27.032 % for 2015. Japan JP: GDP: % of GDP: Gross Savings data is updated yearly, averaging 27.503 % from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 32.292 % in 1996 and a record low of 23.555 % in 2012. Japan JP: GDP: % of GDP: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Japan – Table JP.World Bank: Gross Domestic Product: Share of GDP. Gross savings are calculated as gross national income less total consumption, plus net transfers.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

In 2024, multi-person households in Japan with a household head aged over 70 years recorded a *** percent decline in their savings. An increase of **** percent was observed in the age group of under 40-year-olds.

Japan ARPH: Single Worker: NI: Saving Deposits Cashed data was reported at 174,526.000 JPY in Mar 2018. This records an increase from the previous number of 169,241.000 JPY for Dec 2017. Japan ARPH: Single Worker: NI: Saving Deposits Cashed data is updated quarterly, averaging 165,550.000 JPY from Mar 2000 (Median) to Mar 2018, with 73 observations. The data reached an all-time high of 219,420.000 JPY in Sep 2005 and a record low of 145,136.000 JPY in Jun 2012. Japan ARPH: Single Worker: NI: Saving Deposits Cashed data remains active status in CEIC and is reported by Statistical Bureau. The data is categorized under Global Database’s Japan – Table JP.H059: Average Monthly Receipt and Disbursement per Households: Single Worker Households: Quarterly.

Demand Deposits: Debits: Monthly Average: (1), Demand Deposits: Deposits End of Month: Monthly Average: (2), Demand Deposits: Deposits End of Month (Excluding Checks & Bills Held by All Banks): Monthly Average: (3), Demand Deposits: Turnover: Debits/Deposits End of Month: (4)= (1)/(3), Time Deposits: Debits: Monthly Average: (5), Time Deposits: Deposits End of Month: Monthly Average: (6), Time Deposits: Turnover: Debits/Deposits End of Month: (7)= (5)/(6), Total: Deposits of Private Nonfinancial Firms & Individuals and Local Governments: Debits: Monthly Average: (8), Total: Deposits of Private Nonfinancial Firms & Individuals and Local Governments: Deposits End of Month: Monthly Average: (9), Total: Deposits of Private Nonfinancial Firms & Individuals and Local Governments: Deposits End of Month (Excluding Checks & Bills Held by All Banks): Monthly Average: (10), Total: Deposits of Private Nonfinancial Firms & Individuals and Local Governments: Turnover: Debits/Deposits End of Month: (11)= (8)/(10), Total: Deposits of Private Nonfinancial Firms & Individuals and Local Governments: Current Deposits: Debits: Monthly Average: (12), Total: Deposits of Private Nonfinancial Firms & Individuals and Local Governments: Current Deposits: Deposits End of Month: Monthly Average: (13), Total: Deposits of Private Nonfinancial Firms & Individuals and Local Governments: Current Deposits: Turnover: Debits/Deposits End of Month: (14)= (12)/(13), Reference: Checks & Bills Held by All Banks: Monthly Average: (15), Reference: Clearings of Checks & Bills in All Clearing Houses: Monthly Average: (16)