The values of any financial assets held including both formal investments, such as bank or building society current or saving accounts, investment vehicles such as Individual Savings Accounts, endowments, stocks and shares, and informal savings.

Comparison of first estimates of saving ratio with estimates published a quarter later.

The gross national savings rate in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total 0.5 percentage points. The savings rate is estimated to amount to 14.81 percent in 2029. The savings rate here refers to the gross domestic saving by the state, private households, and corporations and is shown as a percentage of total gross domestic product (GDP).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

Household Saving Rate in the United Kingdom decreased to 10.90 percent in the first quarter of 2025 from 12 percent in the fourth quarter of 2024. This dataset provides - United Kingdom Households Saving Ratio - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Impact of Blue Book 2024 changes on the household saving ratio, including real households’ disposable income and households’ gross disposable income.

The Wealth and Assets Survey (WAS) is a longitudinal survey, which aims to address gaps identified in data about the economic well-being of households by gathering information on level of assets, savings and debt; saving for retirement; how wealth is distributed among households or individuals; and factors that affect financial planning. Private households in Great Britain were sampled for the survey (meaning that people in residential institutions, such as retirement homes, nursing homes, prisons, barracks or university halls of residence, and also homeless people were not included).

The WAS commenced in July 2006, with a first wave of interviews carried out over two years, to June 2008. Interviews were achieved with 30,595 households at Wave 1. Those households were approached again for a Wave 2 interview between July 2008 and June 2010, and 20,170 households took part. Wave 3 covered July 2010 - June 2012, Wave 4 covered July 2012 - June 2014 and Wave 5 covered July 2014 - June 2016. Revisions to previous waves' data mean that small differences may occur between originally published estimates and estimates from the datasets held by the UK Data Service. Data are revised on a wave by wave basis, as a result of backwards imputation from the current wave's data. These revisions are due to improvements in the imputation methodology.

Note from the WAS team - November 2023:

“The Office for National Statistics has identified a very small number of outlier cases present in the seventh round of the Wealth and Assets Survey covering the period April 2018 to March 2020. Our current approach is to treat cases where we have reasonable evidence to suggest the values provided for specific variables are outliers. This approach did not occur for two individuals for several variables involved in the estimation of their pension wealth. While we estimate any impacts are very small overall and median pension wealth and median total wealth estimates are unaffected, this will affect the accuracy of the breakdowns of the pension wealth within the wealthiest decile, and data derived from them. We are urging caution in the interpretation of more detailed estimates.”

Survey Periodicity - "Waves" to "Rounds"
Due to the survey periodicity moving from “Waves” (July, ending in June two years later) to “Rounds” (April, ending in March two years later), interviews using the ‘Wave 6’ questionnaire started in July 2016 and were conducted for 21 months, finishing in March 2018. Data for round 6 covers the period April 2016 to March 2018. This comprises of the last three months of Wave 5 (April to June 2016) and 21 months of Wave 6 (July 2016 to March 2018). Round 5 and Round 6 datasets are based on a mixture of original wave-based datasets. Each wave of the survey has a unique questionnaire and therefore each of these round-based datasets are based on two questionnaires. While there may be some changes in the questionnaires, the derived variables for the key wealth estimates have not changed over this period. The aim is to collect the same data, though in some cases the exact questions asked may differ slightly. Detailed information on Moving the Wealth and Assets Survey onto a financial years’ basis was published on the ONS website in July 2019.

A Secure Access version of the WAS, subject to more stringent access conditions, is available under SN 6709; it contains more detailed geographic variables than the EUL version. Users are advised to download the EUL version first (SN 7215) to see if it is suitable for their needs, before considering making an application for the Secure Access version.

Further information and documentation may be found on the ONS "https://www.ons.gov.uk/economy/nationalaccounts/uksectoraccounts/methodologies/wealthandassetssurveywas" title="Wealth and Assets Survey"> Wealth and Assets Survey webpage. Users are advised to the check the page for updates before commencing analysis.

Occupation data for 2021 and 2022 data files

The ONS have identified an issue with the collection of some occupational data in 2021 and 2022 data files in a number of their surveys. While they estimate any impacts will be small overall, this will affect the accuracy of the breakdowns of some detailed (four-digit Standard Occupational Classification (SOC)) occupations, and data derived from them. None of ONS' headline statistics, other than those directly sourced from occupational data, are affected and you can continue to rely on their accuracy. For further information on this issue, please see: https://www.ons.gov.uk/news/statementsandletters/occupationaldatainonssurveys.

The data dictionary for round 8 person file is not available.

Latest edition information

For the 20th edition (May 2025), the Round 8 data files were updated to include variables personr7, nounitsr8 and porage1tar8, and derived binary versions of multi-choice questions, their collected equivalents and imputed binary versions of these variables. Also, variables that were only collected for part of the round have been removed. Additional documentation for Round 8 was also added to the study, including an updated variable list and derived variable specifications.

The coronavirus (COVID-19) impacted people's financial situation worldwide. The results of a survey conducted in Great Britain revealed that, due the COVID-19 pandemic and the measures taken by the government to the tackle the outbreak, approximately one in three adults saw their savings decrease, even though to different extents. On the other hand, 17 percent of respondents revealed that their savings increased during the pandemic. According to the results of the survey, the pandemic appears to have impacted savings and men and women basically in the same way, as major differences between the two genders did not emerge.

Data series for income, consumption and savings produced as part of the OECD exercise on household distribution. Also contains socio-demographic information.

Analysis of household disposable income and the saving ratio.

Source agency: Office for National Statistics

Designation: Supporting material

Language: English

Alternative title: Household income and saving ratio

Gross domestic savings (% of GDP) in United Kingdom was reported at 16.61 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Gross domestic savings (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The statistic illustrates the average weekly expenditure per household on saving and investments in the United Kingdom (UK) from 2016 to 2018. It can be seen that households spent an average of 5.5 British pounds per week on savings and investments (excluding AVCs) as of 2018. Furthermore, households stated that they spent far less (on average 0.3 British pounds) per week on food stamps and other food related expenditure at that time.

As of June 2022, 82 percent of people in the United Kingdom advised that they had turned their lights off in an attempt to save money due to the cost of living crisis. Other actions taken include turning electrical goods on standby (70 percent), and eaten out less than usual (64 percent).

Value of pension pots already accrued that are not state basic retirement or state earning-related: occupational pensions, personal pensions, retained rights in previous pensions and pensions in payment. Also attitudinal data on individuals’ attitudes towards saving for retirement.

As of June 2022, 84 percent of people in the United Kingdom advised that they had spent less on clothes for themselves in an attempt to save money long term due to the cost of living crisis. Other actions taken include travelling less to meet friends, putting off a big purchase, and cutting back on trips in the car all at 72 percent of respondents.

(CDID: NMNX) Year - UK National Accounts, The Blue Book time series Datasets for each of the chapters in The Blue Book 2023 including the national accounts at a glance, financial and non-financial corporations, households and non-profit institutions serving households and summary supply and use tables.