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

This table represents the percentage distribution of household saving regularly in co-operatives/small saving group in past 12 months. The total of 52.86 per cent of households are saving regularly while 46.87 per cent are not doing so. The highest saving group is from mountain belt (63.91%) in which central mountain is the highest (76.70%). Larger percentage (51.76%) of households in Terai do not have regular savings with highest being the far-western Terai (58.33%). As a whole, 60.73 per cent of households residing in very low vulnerability area are engaged in regular saving whereas households in moderate vulnerability are not engaged in regular saving (53.32%). The percentage of households who have regular saving is found higher in tropical (52.38%), sub-tropical (54.20%) and temperate (49.29%) climatic zones.

In 2021, roughly ** percent of surveyed parents in the United States had a ****** plan for retirement. Meanwhile, regular savings accounts were the second most popular type of retirement savings accounts with ** percent relying on them. Meanwhile, the rest of accounts were used by less than ******* of surveyed parents.

The statistic shows the share of Americans aged between 50 and 64 with no retirement savings in 2010. The categories are divided into income quartiles ranging from 0 to 10,800 U.S. dollars in the bottom 25th percentile to more than 52,201 U.S. dollars in the 75-100th percentile. The percentage of Americans in the bottom 25th percentile was equal to 77 percent.

Saving for retirement

Without a shadow of a doubt, the recession has had an impact on retirement plans and how people save. It is clear to see just how alarming the situation is when one takes into account the sheer amount of Americans aged between 50 and 64 who have no retirement savings. And even for those who have saved and regularly paid into retirement savings the outlook is less than secure. Adding to the worry are the increasing claims being made by industry experts that the savings accrued by middle-class seniors will have nowhere near the required level of sufficiency to support current standards of living in to retirement.

It is important to start thinking and planning in order to be able to enjoy an early retirement. Those who start to save later for retirement, and forego early saving practices will realize that playing catch-up and saving much more intensively later in life is extremely punishing. Everyone wants different things in retirement and first of all it is important to decide what sort of retirement lifestyle is desirable for the individual. Knowing what the desired lifestyle is will help to determine how much money will need to be saved.

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.

According to the findings of a survey published in November 2022, over ** percent of Hungarians did not use any regular saving method. Nearly ** percent of the respondents stated that they saved money regularly using a certain method, while eight percent of the survey participants had *** money saving methods. A further ***** percent of Hungarians used ***** or more methods to save money on a regular basis.

Key information about India Gross Savings Rate

• India Gross Savings Rate was measured at 30.7% in Mar 2024, compared with 30.7% in the previous year.
• India Gross Savings Rate is updated yearly, with data available from Mar 1951 to Mar 2024, and an average rate of 30.7%.
• The data reached an all-time high of 30.7% in Mar 2008 and a record low of 7.9% in Mar 1954.
• CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Ministry of Statistics and Programme Implementation provides Gross Domestic Savings in local currency and Nominal GDP in local currency based on SNA 2008, at 2011-2012 prices. Gross Domestic Savings Rate is annual frequency, ending in March of each year.
• In the latest reports, India GDP expanded 6.1% YoY in Mar 2023.
• India Nominal GDP reached 873,666.0 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 4.1% in Mar 2023.
• India GDP Per Capita reached 2,452.2 USD in Mar 2023.

Household Saving Rate in Germany decreased to 10.40 percent in the first quarter of 2025 from 11.30 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Germany Personal Savings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

ObjectivesPrevious research has shown that the implementation of personal medical savings accounts in health insurance can impact health utilization and medical cost through enhancing individual responsibility for their own health. The aim of this study was to investigate whether there are differences in various healthcare utilization and out-of-pocket payment ratios between insured individuals with and without personal medical savings accounts in the context of basic medical insurance in China.MethodsA nationally representative cross-sectional data from the China Health and Retirement Longitudinal Study was used to analyze. Seemingly Unrelated Regression analysis was conducted to examine the potential impact of personal medical savings accounts on the utilization rates and self-payment ratios for outpatient services, hospitalization, dental treatment, and physical examinations. Heckman selection model was used as a sensitivity analysis to test the robust of original results.ResultsA total of 15,628 individuals were included in the analysis. Among them, 95.5% were covered by basic medical insurance, while only 12.8% had a personal medical savings account. Possessing a personal medical savings account was significantly associated with increased utilization of dental services (OR: 1.327, 95% CI: 1.05–1.67) and a higher frequency of physical examinations (OR: 2.271, 95% CI: 1.86–2.77). This effect was not significant in outpatient and inpatient health service utilization. Furthermore, having a personal medical savings account was significantly associated with lower out-of-pocket payment ratios across various healthcare services. Specifically, individuals with such accounts experienced a 15.8 percentage point reduction in outpatient services, a 22.1 percentage point reduction in inpatient services, and a 13.4 percentage point reduction in dental services.ConclusionThe study revealed disparities between individuals with and without personal medical savings accounts in China. While these accounts can cover the insurer’s regular medical expenses, their effect on high-cost expenses appears to be limited. These findings suggest that reforms in medical insurance should focus on reducing the gap between insured individuals with and without personal medical savings accounts.

Each bank publishes information on current accounts, savings deposits, fixed deposits, fixed-term savings deposits, and various interest rates such as mortgage index rates and benchmark rates. (Data for that day)

Despite much work, economists have not been able to quantitatively account for the differences in the Japanese and U.S. saving rates after World War II. In this paper, we show that the use of actual Japanese total factor productivity growth rates in a standard growth model generates saving rates that are reasonably similar to the Japanese data between 1956 and 2000. (JEL E21, E22, O41, O47)

The benchmark interest rate in the United Kingdom was last recorded at 4 percent. This dataset provides - United Kingdom Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Abstract

The Ghana Living Standards Survey (GLSS), with its focus on the household as a key social and economic unit, provides valuable insights into living conditions in Ghana. This present report gives a summary of the main findings of the fourth round survey, which was carried out by the Ghana Statistical Service (GSS) over a 12-month period (April 1998 to March 1999).

A representative nationwide sample of more than 5,998 households, containing over 25,000 persons, was covered in GLSS 4. Detailed information was collected on all aspects of living conditions, including health, education, employment, housing, agricultural activities, the operation of non-farm establishments, remittances, savings, and credit and assets. The special focus of GLSS 4 was on collecting detailed labour force, income and expenditure data in respect of all household members.

The key findings of the survey are as follows:

Education

Information are given on levels of educational attainment of the adult population, current school enrolment, educational expenditure by households, adult literacy rates, and apprenticeship training. About 32 percent of all adults (representing nearly three and a half million people) have never been to school, a quarter went to school but did not obtain any qualifications; about 33 percent have the MSLC/JSS certificate as their highest qualification, while the remaining 10 percent (a million adults) have secondary or higher-level qualifications (Section 2.1).

About 8 in every ten children aged 6-15, and about half of those aged 16-18, are currently attending school or college. Attendance rates for females are lower than those for males, especially in the northern half of the country (Section 2.2). The average annual cost to a household of maintaining a person at school or college was ¢163,500 per year in March 1999 cedis (Section 2.3). The survey results indicate that 50 percent of adults in Ghana are literate in English or a local language. There are substantial differences between the sexes, and between localities, with regard to literacy. A little over 6 out of every 10 men, but fewer than 4 out of every 10 women, are literate. More than two-thirds (66%) of adults in urban areas are literate, but in rural areas only 41 percent are literate (Section 2.4).

Health

The survey collected data on each person's health condition over the previous two weeks; on the fertility, pre-natal care and contraceptive use of women aged 15-49; on the post-natal care of children aged 5 years and under; and on the preventive health care and vaccination of children aged 7 years and under. About 26 percent of the sample reported having suffered from an illness or injury in the previous two weeks, 61 percent of whom had to stop their usual activities due to the indisposition (Section 3.2).

The survey found that 7.0 percent of women were currently pregnant, and a further 13.2 percent had been pregnant in the last 12 months. Only about 15 percent of all women aged 15-49 or their partners reported using contraceptives; about 11 percent use modern methods, and 4 percent use traditional methods, to prevent or delay pregnancy (Section 3.3). The level of breastfeeding in Ghana is very high; about 98 percent of all children under 5 have been breastfed at one time or another. About 7 percent of children below the age of 8 have never been vaccinated against any of the childhood killer diseases.

Employment

As a major focus of the survey, a wide range of estimates of economic activity, employment, unemployment, underemployment and working conditions are given in the report. The survey also has detailed information about time spent on housekeeping activities. About 77 percent of the adult population (aged 15+) is currently economically active. The activity rates for males and females differ, with the rate for women in the age group (15-64) lower than those for men, but in the younger age group (7-14) and the older age group (65+) the rates for females exceed those for males. For each age group the activity rates for males and females are higher in rural areas (apart from rural savannah) than in urban areas (Section 4.2).

The majority of the working population is employed in agricultural activities (55.0%), followed by trading (18.3%) and then manufacturing (11.7%). Whereas 27.4 percent of working females are engaged in trading, only 7.4 percent of males are traders. The highest hourly wage rates are obtained in mining and quarrying, followed by financial services and then trading. For all areas of employment, females earn lower wages than males (Section 4.3). About 8 percent of the currently active population can be classified as unemployed, but there is also a high degree of underemployment, with some people having a job but wanting to do more work (Section 4.4).

In many households, particularly in rural areas, family members (especially women) spend a great deal of their time fetching water and firewood, in addition to the time spent on other household activities such as cooking and cleaning (Section 4.5).

Migration

The report provides data on migration to create some awareness that would generate further discussions and research into the complex field of population relocation. Some 52 percent of all Ghanaians are migrants, having previously lived in a locality different from where they are living at present; a further 16 percent have moved away from their birthplace, but subsequently returned (Section 5.1).

Housing

Detailed information is presented on a variety of housing characteristics: the occupancy status of the household; household size and room density; access to drinking water, toilet facilities, source of lighting and fuel, rubbish disposal, and materials used in house construction. A little over 40 percent (24 percent in urban areas and 60 percent in rural areas) of the households own the houses they live in. About 80 percent of the households in urban areas have access to pipe-borne water, compared with only 19 percent in rural areas. More than three-quarters of urban households have electricity for lighting, compared with only 17 percent of rural households. Most urban households use charcoal for cooking, whereas most households in rural areas use firewood. Only 14 percent of urban households, and 2 percent of rural households, have access to a flush toilet (Section 6.3).

Household agriculture

About 2.7 million households in Ghana own or operate a farm or keep livestock (Section 7.1). More than half of households, which cultivate crops hire labour for their operations. The major crops, in terms of sales, are cocoa, maize, groundnuts/peanuts, and rice (Section 7.2). About 2 and a half million households process crops or fish for sale, with the major responsibility for this activity falling on women.

Non-farm enterprises

Approximately 1.9 million households or 49 percent of all households in Ghana operate a non-farm business with women operating two-thirds of these businesses. About 56 percent of all businesses involve retail trade, and most of the rest cover some kind of manufacturing (for instance food, beverages, textiles or clothing) (Section 8.1).

Total expenditure

Average annual household expenditure (both cash and imputed) relative to March 1999 prices was about ¢4,244,000. Given an average household size of 4.3, this implies annual per capita expenditure of about ¢987,000 (Section 9.1). With an exchange rate of ¢2,394 to the US dollar prevailing at March 1999, the average annual household expenditure is US$1,773 and the pre-capita expenditure is US$412. Overall, cash expenditure on food represents 45.4 percent of total household expenditure, while the imputed value of own-produced food consumed by households represents a further 10.3 percent (Section 9.2).

Cash expenditure

Relative to March 1999 prices, Ghanaian households spend on average almost ¢3,500,000 a year (at March 1999 prices), or ¢804,000 on per capita basis (Section 9.3). On national terms, just below half of total cash expenditure (46%) went to food and beverages; and alcohol and tobacco, and clothing and footwear, each accounted for about 10 percent of it. The next most important expenditure groups, in terms of amount spent, are recreation and education (7.5%), transport and communications (5.6%), housing and utility (6.4%) and household goods, operations and services (6.0%).

Food consumption

At the time of the survey Ghanaian households (which number about 4.2 million) were spending on average an amount of almost ¢2.4 billion (at March 1999 prices) on food (Section 9.5), with own-grown food consumed amounting to the value of almost ¢435,000 (Section 8.7). The most important food consumption subgroups, in terms of cash expenditure are roots and tubers (22%), fish (16%), cereals and cereal products (15%), vegetables (9%), and meat (5%). Prepared meals account for 11 percent by value of total food consumption.

While the pattern of consumption, in terms of food subgroups, is broadly similar in urban and rural areas, residents in rural areas consume more roots and tubers, and pulses and nuts than their counterparts in urban areas. Expenditure on alcohol and tobacco is also higher in rural areas. In contrast, the consumption of meat and prepared meal are much higher in urban areas than in rural areas, and urban residents spend much more on cereals and cereal products and poultry and poultry products than their rural counterparts (Section 9.5).

Remittances

About 76 percent of all households reported having remitted money or goods in the previous 12 months to persons who were not their household members. The bulk of these remittances to non-household members went to relatives (93%), and in particular to parents or children (50%), brothers or sisters (18%), and other relatives (23%). Such income flows from the household benefited females (64%) more than their male counterparts (36%).

Whilst

In 2024, ************ savings accounts were the most popular type of savings account in the United Kingdom. Meanwhile, ** percent of people with a savings account in the UK had a Regular Saver savings account, with ** percent of them having a fixed-term savings account. That year, other than savings accounts, cash ISAs were also a popular type of savings product in the UK.

The Average Interest Rates on U.S. Treasury Securities dataset provides average interest rates on U.S. Treasury securities on a monthly basis. Its primary purpose is to show the average interest rate on a variety of marketable and non-marketable Treasury securities. Marketable securities consist of Treasury Bills, Notes, Bonds, Treasury Inflation-Protected Securities (TIPS), Floating Rate Notes (FRNs), and Federal Financing Bank (FFB) securities. Non-marketable securities consist of Domestic Series, Foreign Series, State and Local Government Series (SLGS), U.S. Savings Securities, and Government Account Series (GAS) securities. Marketable securities are negotiable and transferable and may be sold on the secondary market. Non-marketable securities are not negotiable or transferrable and are not sold on the secondary market. This is a useful dataset for investors and bond holders to compare how interest rates on Treasury securities have changed over time.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Notes: Huber-White Standard error in Parentheses. *, **, and *** indicate significance at the 10, 5 and 1 percent levels respectively. Coefficients from OLS regressions after controlling for marketplace dummies.Impact of Treatment Type on Attendance.

Over the five years through 2025-26, UK banks' revenue is expected to climb at a compound annual rate of 4.8% to £136 billion, including an anticipated hike of 3.6% in 2025-26. After the financial crisis in 2007-08, low interest rates limited banks' interest in loans, hitting income. At the same time, a stricter regulatory environment, including increased capital requirements introduced under the Basel III banking reforms and ring-fencing regulations, constricted lending activity. To protect their profitability, banks like Lloyds have shut the doors of many branches and made substantial job cuts. Following the COVID-19 outbreak, the Bank of England adopted aggressive tightening of monetary policy, hiking interest rates to rein in spiralling inflation. The higher base rate environment lifted borrowing costs, driving interest income for banks, which reported skyrocketing profits in 2023-24. Although profit grew markedly, pressure to pass on higher rates to savers and fierce competition weighed on revenue growth at the tail end of the year. However, the prospect of rate cuts in 2024-25 saw many banks lower their savings rates, aiding revenue growth. In 2025-26, although further interest rate cuts are on the horizon, revenue is set to grow, due to lower borrowing costs driving activity in the housing market. Banks have also reduced their exposure to interest rate cuts through structural hedges, which lock in rates when they fluctuate. The FCA’s investigation into motor commissions has been a cause for concern over recent years, with banks like Lloyds and Santander ramping up provisions over 2024-25 in preparation for large payouts, if the Supreme Court deems banks were carrying out illegal activities. Over the five years through 2030-31, industry revenue is forecast to swell at a compound annual rate of 4% to reach £165.8 billion. Regulatory restrictions, tougher stress tests and stringent lending criteria will also hamper revenue growth. Competition is set to remain fierce – both internally from lenders that deliver their services exclusively via digital channels and externally from alternative finance providers, like peer-to-peer lending platforms. The possibility of legislation like the Edinburgh reforms will drive investment and lending activity in the coming years, if introduced. However, concerns surrounding the repercussions of less stringent capital requirements and the already fragile nature of the UK financial system pose doubt as to whether any significant changes will be made.

Notes: Robust standard errors in parentheses. *, **, and *** indicate significance at the 10, 5 and 1 percent levels respectively. Coefficients shown are marginal effects from a probit regression.Correlates of Training Attendance.