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

Household Saving Rate in the United States decreased to 4.50 percent in May from 4.90 percent in April of 2025. This dataset provides - United States Personal Savings Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 Jun 2025 about savings, deposits, rate, and USA.

In December 2024, the personal saving rate in the United States amounted to 3.8 percent. That was slightly lower figure than a year earlier. The personal saving 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.

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.

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 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.

Household Saving Rate in European Union increased to 14.02 percent in the fourth quarter of 2024 from 11.76 percent in the third quarter of 2024. This dataset provides - European Union Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Thailand Gross Savings Rate

• Thailand Gross Savings Rate was measured at 29.6% in Dec 2022, compared with 29.6% in the previous quarter.
• Thailand Gross Savings Rate is updated quarterly, with data available from Mar 1993 to Dec 2022, and an average rate of 29.6%.
• The data reached an all-time high of 29.6% in Mar 1998 and a record low of 24.7% in Sep 2020.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Consumption Expenditure. The Office of the National Economic and Social Development Council provides Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Thailand GDP expanded 1.3% YoY in Dec 2022.
• Thailand Nominal GDP reached 119,609.7 USD mn in Dec 2022. Its GDP deflator (implicit price deflator) increased 4.0% in Dec 2022.
• Thailand GDP Per Capita reached 7,496.5 USD in Dec 2022.

Household Saving Rate in Canada decreased to 5.70 percent in the first quarter of 2025 from 6 percent in the fourth quarter of 2024. This dataset provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Brazil BR: Savings Rate data was reported at 6.987 % pa in 2024. This records a decrease from the previous number of 8.073 % pa for 2023. Brazil BR: Savings Rate data is updated yearly, averaging 8.440 % pa from Dec 1984 (Median) to 2024, with 41 observations. The data reached an all-time high of 21,938.247 % pa in 1990 and a record low of 2.152 % pa in 2020. Brazil BR: Savings Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Brazil – Table BR.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

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.

France - Household saving rate was 18.01% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - Household saving rate - last updated from the EUROSTAT on July of 2025. Historically, France - Household saving rate reached a record high of 26.33% in June of 2020 and a record low of 14.44% in June of 2019.

Household Saving Rate in Spain decreased to 4.84 percent in the first quarter of 2025 from 17.40 percent in the fourth quarter of 2024. This dataset provides - Spain Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Household Saving Rate In the Euro Area increased to 15.38 percent in the first quarter of 2025 from 15.19 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Euro Area Personal Savings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Household Saving Rate in Italy increased to 9.30 percent in the first quarter of 2025 from 8.70 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Italy Personal Savings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Euro Area - Household saving rate was 15.38% in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Euro Area - Household saving rate - last updated from the EUROSTAT on July of 2025. Historically, Euro Area - Household saving rate reached a record high of 25.39% in June of 2020 and a record low of 12.93% in June of 2022.

Key information about Chile Gross Savings Rate

• Chile Gross Savings Rate was measured at 20.7% in Sep 2024, compared with 20.7% in the previous quarter.
• Chile Gross Savings Rate is updated quarterly, with data available from Mar 1996 to Sep 2024, and an average rate of 20.7%.
• The data reached an all-time high of 20.7% in Mar 2007 and a record low of 14.8% in Jun 2022.
• CEIC calculates Gross National Savings Rate from quarterly Gross National Savings and quarterly Gross National Product. The Central Bank of Chile provides Gross National Savings in local currency and Gross National Product in local currency, both based on SNA 2008 with benchmark year 2018.
• In the latest reports, Chile GDP contracted 0.7% YoY in Mar 2023.
• Chile Nominal GDP reached 86,429.5 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 10.1% in Mar 2023.
• Chile GDP Per Capita reached 15,158.3 USD in Dec 2022.