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

Graph and download economic data for National Rate on Non-Jumbo Deposits (less than $100,000): Savings (DISCONTINUED) (SAVNRNJ) from 2009-05-18 to 2021-03-29 about non-jumbo, savings, deposits, 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.

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

Graph and download economic data for National Rate: Interest Checking (ICNDR) from Apr 2021 to Sep 2025 about checkable, deposits, interest, rate, and USA.

Graph and download economic data for Personal Saving (PSAVE) from Q1 1947 to Q2 2025 about savings, personal, GDP, and USA.

Ethiopia ET: Adjusted Savings: Net National Savings: % of GNI data was reported at 13.166 % in 2016. This records a decrease from the previous number of 15.581 % for 2015. Ethiopia ET: Adjusted Savings: Net National Savings: % of GNI data is updated yearly, averaging 17.324 % from Jul 2011 (Median) to 2016, with 6 observations. The data reached an all-time high of 23.348 % in 2011 and a record low of 13.166 % in 2016. Ethiopia ET: 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 Ethiopia – Table ET.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;

United States US: Adjusted Savings: Net National Savings: % of GNI data was reported at 2.389 % in 2016. This records a decrease from the previous number of 3.667 % for 2015. United States US: Adjusted Savings: Net National Savings: % of GNI data is updated yearly, averaging 4.461 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 11.219 % in 1973 and a record low of -1.841 % in 2009. United States US: 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 USA – Table US.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;

Graph and download economic data for National Rate: Money Market <100M (MMNDR) from Apr 2021 to Sep 2025 about marketable, deposits, rate, and USA.

High-Yield Savings Account Market Outlook

As per our latest research, the global high-yield savings account market size reached USD 1.92 trillion in 2024, reflecting a robust demand for secure and interest-generating deposit products worldwide. The market is expected to expand at a CAGR of 6.4% from 2025 to 2033, projecting a value of approximately USD 3.36 trillion by 2033. This growth trajectory is primarily fueled by rising consumer awareness regarding financial health, digital transformation of banking services, and the increasing preference for liquidity coupled with attractive interest rates.

Several pivotal factors are propelling the high-yield savings account market forward. One of the most significant drivers is the ongoing shift in consumer behavior towards digital banking solutions. With the proliferation of smartphones and the widespread adoption of internet banking, more individuals and businesses are seeking convenient, flexible, and secure ways to manage their savings. High-yield savings accounts, typically offering interest rates above the national average, have emerged as a favored choice for both short-term and long-term financial goals. Additionally, the heightened volatility in global financial markets has made consumers increasingly risk-averse, prompting them to allocate a larger portion of their assets to safe, interest-bearing accounts.

Another crucial growth factor is the intensifying competition among financial institutions, particularly between traditional banks, online banks, and fintech platforms. As digital-first banks and fintechs continue to disrupt the market, they are driving innovation in account features, customer experience, and interest rate offerings. This competition has led to the proliferation of high-yield savings products tailored for diverse customer segments, including individuals, SMEs, and corporate entities. Moreover, the integration of advanced technologies such as artificial intelligence and data analytics is enabling providers to personalize offerings, streamline onboarding processes, and enhance security, further attracting new account holders and increasing overall market penetration.

The global macroeconomic environment is also shaping the trajectory of the high-yield savings account market. Persistently low interest rates in developed economies have prompted consumers to seek out higher-yielding deposit options, while inflationary pressures in emerging markets have highlighted the importance of safeguarding savings against erosion of purchasing power. Regulatory reforms aimed at promoting financial inclusion and enhancing deposit insurance frameworks are also supporting market expansion. Furthermore, the growing emphasis on emergency funds and financial resilience, especially in the wake of the COVID-19 pandemic, has heightened the relevance of high-yield savings accounts as a core component of personal and business financial planning.

From a regional perspective, North America and Europe currently dominate the high-yield savings account market, accounting for the majority of global deposits. This dominance is attributed to their mature banking infrastructures, high levels of financial literacy, and a strong culture of savings. However, the Asia Pacific region is rapidly emerging as a key growth engine, driven by rising disposable incomes, rapid urbanization, and increasing digital adoption. Latin America and the Middle East & Africa are also witnessing steady growth, albeit from a lower base, as financial institutions expand their product offerings and digital channels in these regions. The interplay of demographic trends, economic development, and regulatory initiatives will continue to shape regional market dynamics over the forecast period.

Account Type Analysis

The high-yield savings account market is segmented by account type into individual, joint, and business accounts, each catering to distinct customer needs and financial objectives. Individual accounts constitute the largest segment, driven by the growing emphasis on personal financial management and the need for accessible, high-interest savings solutions. Consumers are increasingly prioritizing liquidity, safety, and returns, making high-yield savings accounts an attractive option for building emergency funds, saving for specific goals, or simply parking surplus cash. The proliferation of digital onboarding and instant account o

Concept: Difference (spread) between average interest rate on new credit operations in the relevant period in the National Financial System, which are under regulation by the National Monetary Council (CMN) or linked to budget funds, and corresponding average cost of funds. 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 20825-average-spread-of-earmarked-new-credit-operations---total 20825-average-spread-of-earmarked-new-credit-operations---total

Key information about Venezuela Gross Savings Rate

• Venezuela Gross Savings Rate was measured at -17.8% in Dec 2017, compared with -17.8% in the previous year.
• Venezuela Gross Savings Rate is updated yearly, with data available from Dec 1970 to Dec 2017, and an average rate of -17.8%.
• The data reached an all-time high of -17.8% in Dec 1974 and a record low of -17.8% in Dec 2017.
• CEIC calculates Gross National Savings Rate from annual Gross National Savings and annual Gross National Income. Gross National Savings is calculated as Gross National Disposable Income less Final Consumption Expenditure. The Central Bank of Venezuela provides Gross National Income, Gross National Disposable Income and Final Consumption Expenditure in local currency. Gross National Savings Rate prior to 1997 is sourced from the World Bank.
• In the latest reports, Venezuela GDP contracted 26.8% YoY in Mar 2019.
• Venezuela Nominal GDP reached 20,139,533.8 USD mn in Dec 2017. Its GDP deflator (implicit price deflator) increased 748.1% in Dec 2017.
• Venezuela GDP Per Capita reached 640,750.5 USD in Dec 2017.

Graph and download economic data for Savings of Individuals for United States (A10041USA027NNBR) from 1919 to 1938 about savings, personal, and USA.

Graph and download economic data for Personal saving as a percentage of disposable personal income (A072RC1Q156SBEA) from Q1 1947 to Q2 2025 about disposable, savings, personal income, percent, personal, income, GDP, and USA.

Key information about Belgium Gross Savings Rate

• Belgium Gross Savings Rate was measured at 22.1% in Sep 2024, compared with 22.1% in the previous quarter.
• Belgium Gross Savings Rate is updated quarterly, with data available from Mar 1980 to Sep 2024, and an average rate of 22.1%.
• The data reached an all-time high of 22.1% in Jun 2007 and a record low of 14.5% in Jun 1983.
• 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 plus Net Current Transfers less Final Consumption Expenditure. The National Bank of Belgium provides Gross National Income, Net Current Transfers and Final Consumption Expenditure in EUR, based on ESA 2010. Gross National Savings Rate prior to Q1 1999 is based on ESA 1995.
• In the latest reports, Belgium GDP expanded 1.3% YoY in Mar 2023.
• Belgium Nominal GDP reached 153,814.1 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 5.4% in Mar 2023.
• Belgium GDP Per Capita reached 49,392.7 USD in Dec 2022.

Graph and download economic data for Household saving (W398RC1A027NBEA) from 1992 to 2023 about savings, households, GDP, and USA.

Key information about Morocco Gross Savings Rate

• Morocco Gross Savings Rate was measured at 28.6% in Dec 2023, compared with 28.6% in the previous year.
• Morocco Gross Savings Rate is updated yearly, with data available from Dec 1975 to Dec 2023, and an average rate of 28.6%.
• The data reached an all-time high of 28.6% in Dec 2008 and a record low of 15.0% in Dec 1976.
• CEIC calculates Gross National Savings Rate from annual Gross National Savings and annual Gross National Income. Gross National Income is calculated as Gross National Disposable Income less Net Current Transfers from Rest of World. High Commission for Planning provides Gross National Savings, Gross National Disposable Income and Net Current Transfers in local currency, based on SNA 2008. Gross National Savings Rate prior to 2007 is based on SNA 1993 and prior to 1998 is sourced from the World Bank.
• In the latest reports, Morocco GDP expanded 3.5% YoY in Mar 2023.
• Morocco Nominal GDP reached 33,768.2 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 5.2% in Mar 2023.
• Morocco GDP Per Capita reached 3,570.0 USD in Dec 2022.

Nigeria NG: Adjusted Savings: Net National Savings: % of GNI data was reported at 7.131 % in 2015. This records a decrease from the previous number of 12.734 % for 2014. Nigeria NG: Adjusted Savings: Net National Savings: % of GNI data is updated yearly, averaging 12.734 % from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of 34.191 % in 2006 and a record low of -11.069 % in 1998. Nigeria NG: 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 Nigeria – Table NG.World Bank.WDI: 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;

Concept: Difference (spread) between average interest rate on new credit operations in the relevant period in the National Financial System, which are under regulation by the National Monetary Council (CMN) or linked to budget funds, and corresponding average cost of funds. 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 20837-average-spread-of-earmarked-new-credit-operations---households---total 20837-average-spread-of-earmarked-new-credit-operations---households---total