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

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

Personal savings in the United States reached a value of 975 billion U.S. dollars in 2024, marking a slight increase compared to 2023. Personal savings peaked in 2020 at nearly 2.7 trillion U.S. dollars. Those figures remained very high until 2021. The excess savings during the COVID-19 pandemic in the U.S. and other countries were the main reason for that increase, as the measures implemented to contain the spread of the virus had an impact on consumer spending. Saving before and after the 2008 financial crisis During the periods of growth and certain economic stability in the pre-2008 crisis period, there were falling savings rates. People were confident the good times would stay and felt comfortable borrowing money. Credit was easily accessible and widely available, which encouraged people to spend money. However, in times of austerity, people generally tend to their private savings due to a higher economic uncertainty. That was also the case in the wake of the 2008 financial crisis. Savings and inflation The economic climate of high inflation and rising Federal Reserve interest rates in the U.S. made it increasingly difficult to save money in 2022. Not only does inflation affect the ability of people to save, but reversely, consumer behavior also affects inflation. On the one hand, prices can increase when the production costs are higher. That can be the case, for example, when the price of West Texas Intermediate crude oil or other raw materials increases. On the other hand, when people have a lot of savings and the economy is strong, high levels of consumer demand can also increase the final price of products.

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

The overall value of household savings in the United States increased in 2023, after it fluctuated a lot between in 2020 and 2022. Household savings peaked in 2020, when they amounted to 2.7 trillion U.S. dollars, which was a very strong increase compared to the previous year. The personal savings as a share of disposable income in the U.S. also peaked in 2020 and 2021.

Graph and download economic data for Personal Saving for United States (Q1091BUSQ027SNBR) from Q1 1946 to Q3 1966 about savings, personal, and USA.

Nearly half of people in the United States had 1,000 U.S. dollars or less in their saving accounts. Meanwhile, 14 percent of respondents had at least 20,000 U.S. dollars in their savings accounts, and 22 percent with amounts between 1,001 and 5,000 U.S. dollars.

Key information about US Gross Savings Rate

• US Gross Savings Rate was measured at 17.8% in Dec 2022, compared with 17.8% in the previous quarter.
• US Gross Savings Rate is updated quarterly, with data available from Mar 1947 to Dec 2022, and an average rate of 17.8%.
• The data reached an all-time high of 17.8% in Mar 1965 and a record low of 13.3% in Sep 2009.
• The Bureau of Economic Analysis provides quarterly Gross National Savings Rate.
• In the latest reports, US GDP expanded 0.9% YoY in Dec 2022.
• US Nominal GDP reached 6,534,498.0 USD mn in Dec 2022. Its GDP deflator (implicit price deflator) increased 6.4% in Dec 2022.
• US GDP Per Capita reached 59,484.0 USD in Dec 2017.

Roughly ** percent of Americans had household retirement savings reaching ******* U.S. dollars or more by the end of 2023. Meanwhile, eight percent of respondents stated to not have any household retirement savings at all. The share of people with retirement savings ranging from 100,000 to ******* U.S. dollars has decreased between 2020 and 2023.

Graph and download economic data for Net saving as a percentage of gross national income from Q1 1947 to Q1 2025 about national income, GNI, savings, gross, Net, percent, income, GDP, and USA.

Adjusted savings: net national savings (current US$) in United States was reported at 388420071604 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Adjusted savings: net national savings - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Graph and download economic data for Savings Deposits: Total (DISCONTINUED) (SAVINGSL) from Jan 1959 to Apr 2020 about savings, deposits, and USA.

Graph and download economic data for Net private saving: Households and institutions (W986RC1Q027SBEA) from Q1 1947 to Q2 2025 about savings, Net, households, private, GDP, and USA.

Gross savings (current US$) in United States was reported at 5294183000000 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Gross savings - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

United States - Household saving was 1162.03100 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Household saving reached a record high of 2707.01800 in January of 2020 and a record low of 192.27500 in January of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Household saving - last updated from the United States Federal Reserve on July of 2025.

United States US: Adjusted Savings: Net National Savings data was reported at 453.100 USD bn in 2016. This records a decrease from the previous number of 681.428 USD bn for 2015. United States US: Adjusted Savings: Net National Savings data is updated yearly, averaging 249.377 USD bn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 681.428 USD bn in 2015 and a record low of -266.856 USD bn in 2009. United States US: Adjusted Savings: Net National Savings 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).; ;

Gross domestic savings (% of GDP) in United States was reported at 18.65 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Gross domestic savings (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

This statistic presents the amount of money saved in saving accounts in the United States as of December 2019, by gender. It was found that ***** percent of American women had less than 1,000 U.S. dollars saved in their savings accounts.

United States - Net saving was 194.07700 Bil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Net saving reached a record high of 832.88300 in January of 2019 and a record low of -424.49700 in July of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Net saving - last updated from the United States Federal Reserve on August of 2025.

In April 2025, the value of savings deposits, and other checkable deposits amounted to approximately 10.8 trillion U.S. dollars. Among the different types of deposits included in this data, savings deposits are the most popular. Until April 2020, the value of savings deposits in the United States amounted to nearly 11 trillion U.S. dollars by itself. After that, the source combined that data with that for other types of deposits.