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.

In 2025, households from the United Kingdom (UK) are expected to save over **** percent of their disposable incomes. This savings rate fluctuated significantly since 2007, with the lowest figures recorded in 2018 at **** percent. In 2020, due to the coronavirus (COVID-19) outbreak and resulting lockdowns, savings rates spiked across the world. In the UK, savings rate reached roughly ** percent that year, more than ***** times higher than in the previous year.

The savings rate of households in the United Kingdom (UK) fell in the first quarter of 2025. That came after a period of rising household savings that peaked in the second quarter of 2020, when they amounted to 27.5 percent of their disposable income.

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.

The value of gross savings in the United Kingdom (UK) fluctuated significantly in the past decade, reaching over ***** billion U.S. dollars in 2024. These figures refer to the total savings in the UK, and therefore it does not just refer to households. In 2020, due to the coronavirus outbreak and the measures put in place by government to fight the pandemic, households savings rate in the UK soared.

United Kingdom HN: Households Saving Ratio: sa data was reported at 4.400 % in Jun 2018. This records an increase from the previous number of 3.900 % for Mar 2018. United Kingdom HN: Households Saving Ratio: sa data is updated quarterly, averaging 9.100 % from Mar 1963 (Median) to Jun 2018, with 222 observations. The data reached an all-time high of 15.200 % in Jun 1993 and a record low of 3.400 % in Mar 2017. United Kingdom HN: Households Saving Ratio: sa data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.AB051: ESA10: Resources and Uses: Household and Non Profit Institutions Serving Households: Disposable Income.

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

Over a ******* of households in the United Kingdom (UK) had less than 1,500 British pounds in savings and investments in the financial year of 2023/24. Meanwhile, ** percent of all households had at least 30,000 British pounds saved up. In 2023/24, Northern Ireland was one of the regions in the United Kingdom with the lowest ownership rate of ISAs and other savings accounts.

Key information about UK Gross Savings Rate

• UK Gross Savings Rate was measured at 16.4% in Sep 2024, compared with 16.4% in the previous quarter.
• UK Gross Savings Rate is updated quarterly, with data available from Mar 1955 to Sep 2024, and an average rate of 16.4%.
• The data reached an all-time high of 16.4% in Mar 1973 and a record low of 12.7% in Jun 2009.
• 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 Expenditure. Office for National Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, UK GDP expanded 0.2% YoY in Mar 2023.
• UK Nominal GDP reached 786,411.4 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 6.6% in Dec 2022.
• UK GDP Per Capita reached 45,308.8 USD in Dec 2022.

Annual and quarterly data on the impact of removing "imputed" transactions from real household disposable income and the saving ratio to better represent the economic experience of UK households.

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

The savings of households in the United Kingdom as a share of their income has been increasing between 2022 and 2024. In the third quarter of 2024, UK households saved, on average, **** percent of their income. That was, nevertheless, much lower than the savings ratio reached as of the second quarter of 2020, when it peaked at **** percent. The highest value recorded throughout the period.

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.

Gross domestic savings (% of GDP) in United Kingdom was reported at 16.89 % in 2024, 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 September of 2025.

United Kingdom HN: Households Saving Ratio data was reported at 7.800 % in Jun 2018. This records an increase from the previous number of 3.500 % for Mar 2018. United Kingdom HN: Households Saving Ratio data is updated quarterly, averaging 9.200 % from Mar 1963 (Median) to Jun 2018, with 222 observations. The data reached an all-time high of 17.300 % in Jun 1993 and a record low of 2.400 % in Dec 1968. United Kingdom HN: Households Saving Ratio data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.AB051: ESA10: Resources and Uses: Household and Non Profit Institutions Serving Households: Disposable Income.

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

This article investigates the impact of removing “imputed” components to construct measures of RHDI and the saving ratio to better represent the economic experience of households.