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

Household Saving Rate in the United States remained unchanged at 4.40 percent in July from 4.40 percent in June of 2025. This dataset provides - United States Personal Savings Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 2025, the personal savings rate in the United States amounted to 4.5 percent. That was a slightly lower figure than a year earlier. The personal savings rate is calculated as the ratio of personal savings to disposable personal income. Within the topic of personal savings in the U.S., there are different goals and reasons for saving. What are personal savings? Saving refers to strategies of accumulating capital for future use by either not spending a part of one’s income or cutting down on certain costs. Saved money may be preserved as cash, put on a deposit account, or invested in various financial instruments. Investing usually incorporates some level of risk which means that part of the invested money can be gone. An example of a relatively safe investment would be saving bonds, such as the debt securities issued by the U.S. Department of the Treasury. Saving trends in the U.S. and abroad Looking at the personal saving rate in the United States throughout the past decades, it can be observed that savings had been decreasing until the mid-2000s, and they increased after the 2008 financial crisis. Still, the largest savings rates were reached in 2020 and 2021. The reason for that increase in the savings rate that year might be related to the measures to contain the COVID-19 pandemic. The value of personal savings in the United Kingdom has also followed a similar trend. Although events like the COVID-19 pandemic may have affect many countries in a similar way, the ability to save, as well as the average savings as a share of personal income across countries can vary significantly depending on multiple factors affecting each territory.

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 National Rate: Savings (SNDR) from Apr 2021 to Aug 2025 about savings, deposits, rate, and USA.

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.

Key information about China Gross Savings Rate

• China Gross Savings Rate was measured at 44.3% in Dec 2023, compared with 44.3% in the previous year.
• China Gross Savings Rate is updated yearly, with data available from Dec 1952 to Dec 2023, and an average rate of 44.3%.
• The data reached an all-time high of 44.3% in Dec 2010 and a record low of 16.5% in Dec 1962.
• CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The National Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, China GDP expanded 4.5% YoY in Mar 2023.
• China Nominal GDP reached 4,166,759.1 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 0.4% in Mar 2023.
• China GDP Per Capita reached 12,621.7 USD in Dec 2023.

Key information about Brazil Gross Savings Rate

• Brazil Gross Savings Rate was measured at 11.9% in Dec 2024, compared with 11.9% in the previous quarter.
• Brazil Gross Savings Rate is updated quarterly, with data available from Mar 1991 to Dec 2024, and an average rate of 11.9%.
• The data reached an all-time high of 11.9% in Sep 1994 and a record low of 4.8% in Mar 1994.
• CEIC calculates Gross National Savings Rate from quarterly Gross Savings and quarterly Gross National Income. The Brazilian Institute of Geography and Statistics provides Gross Savings in local currency and Gross National Income in local currency, based on SNA 2008 and BPM6. Gross National Savings Rate prior to Q1 2000 is based on benchmark year 1985.
• In the latest reports, Brazil GDP expanded 3.4% YoY in Mar 2023.
• Brazil Nominal GDP reached 491,315.0 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 6.2% in Mar 2023.
• Brazil GDP Per Capita reached 8,936.2 USD in Dec 2022.

Key information about Turkey Gross Savings Rate

• Turkey Gross Savings Rate was measured at 23.9% in Dec 2024, compared with 23.9% in the previous quarter.
• Turkey Gross Savings Rate is updated quarterly, with data available from Mar 1998 to Dec 2024, and an average rate of 23.9%.
• The data reached an all-time high of 23.9% in Sep 2018 and a record low of 14.8% in Mar 2000.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Final Consumption Expenditure is calculated as the sum of Household, NPISHs and Government Consumption Expenditure. Turkish Statistical Institute provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Turkey GDP expanded 4.0% YoY in Mar 2023.
• Turkey Nominal GDP reached 245,496.5 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 77.3% in Mar 2023.
• Turkey GDP Per Capita reached 15,463.4 USD in Dec 2024.

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

Key information about Sweden Gross Savings Rate

• Sweden Gross Savings Rate was measured at 30.2% in Dec 2024, compared with 30.2% in the previous quarter.
• Sweden Gross Savings Rate is updated quarterly, with data available from Mar 1980 to Dec 2024, and an average rate of 30.2%.
• The data reached an all-time high of 30.2% in Dec 2021 and a record low of 19.8% in Sep 1982.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Statistics Sweden provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Sweden GDP expanded 0.8% YoY in Mar 2023.
• Sweden Nominal GDP reached 145,310.7 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 7.9% in Mar 2023.
• Sweden GDP Per Capita reached 61,413.2 USD in Dec 2021.

The monthly personal saving rate in the United States fluctuated considerably during the COVID-19 pandemic. During the year 2020, households' saving rate in the United States peaked in April at **** percent. As of October 2022, personal savings in the United States amounted to *** percent of Americans' disposable income, back to pre-pandemic levels.

In 2023, the average annual savings rate of households in Taiwan stood at ***** percent. This means that on average every household or household member did not spend this share of their disposable income for consumption purposes but saved it for future use. The savings rate increased considerably in 2020.

The average interest rate of instant access deposits in the United Kingdom (UK) has started declining since the second half of 2024. That was after the interest rates of those products soared in 2022 and 2023, peaking at **** percent in January 2024. In contrast, the interest rate of instant access deposits dropped to **** percent in April 2021. As of June 2025, the interest rate amounted to **** percent.

Household Saving Rate in European Union decreased to 13.69 percent in the first quarter of 2025 from 13.89 percent in the fourth quarter of 2024. This dataset provides - European Union Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The personal savings rate is calculated as the percentage of personal discretionary income (gross income, fewer taxes and normal living expenses) saved during a given period. Data is sourced from the St. Louis Federal Reserve.

Household Saving Rate in Canada decreased to 5 percent in the second quarter of 2025 from 6 percent in the first quarter of 2025. This dataset provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Key information about Georgia Gross Savings Rate

• Georgia Gross Savings Rate was measured at 26.3% in Sep 2024, compared with 26.3% in the previous quarter.
• Georgia Gross Savings Rate is updated quarterly, with data available from Mar 1996 to Sep 2024, and an average rate of 26.3%.
• The data reached an all-time high of 26.3% in Sep 2018 and a record low of -27.0% in Mar 1996.
• CEIC calculates Gross National Savings Rate from quarterly Gross National Savings and quarterly Gross National Income. Gross National Savings is calculated as the sum of Net Savings and Fixed Capital Consumption. The National Statistics Office of Georgia provides Gross National Savings in local currency and Gross National Income in local currency. Gross Domestic Savings Rate prior to Q1 2010 is based on SNA 1993.
• In the latest reports, Georgia GDP expanded 7.7% YoY in Mar 2023.
• Georgia Nominal GDP reached 9,159.2 USD mn in Sep 2024. Its GDP deflator (implicit price deflator) increased 6.8% in Mar 2023.
• Georgia GDP Per Capita reached 6,671.9 USD in Dec 2022.

The households' saving rate is the ratio between the gross saving and the adjusted gross disposable income. Favorable economic conditions encourage higher spending, leading to a consequent drop in the savings rates. Between 2016 and 2023, the saving rate of Italian households stood stable at about ten percent. However, in 2020 it reached 17.4 percent due to an uncertain economic situation brought in by the COVID-19 pandemic, leading to a more precautionary behavior among consumers, that resulted in a higher saving rate. From 2024 on, the saving rate is forecasted to reach twelve percent of the adjusted gross disposable income.