Household Saving Rate in the United Kingdom decreased to 9.50 percent in the third quarter of 2025 from 10.20 percent in the second quarter of 2025. 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.

Key information about UK Gross Savings Rate

• UK Gross Savings Rate was measured at 16.9% in Sep 2025, compared with 16.9% in the previous quarter.
• UK Gross Savings Rate is updated quarterly, with data available from Mar 1955 to Sep 2025, and an average rate of 16.9%.
• The data reached an all-time high of 16.9% in Mar 1973 and a record low of 13.5% in Jun 1955.
• 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 1.3% YoY in Sep 2025.
• UK Nominal GDP reached 1,029,876.0 USD mn in Sep 2025. Its GDP deflator (implicit price deflator) increased 3.7% in Sep 2025.
• UK GDP Per Capita reached 53,191.3 USD in Dec 2024.

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.

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 2.82 percent in January 2024. In contrast, the interest rate of instant access deposits dropped to 0.06 percent in April 2021. As of February 2026, the interest rate amounted to 2.12 percent.

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 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.

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Context

The UK savings interest rate dataset offers a comprehensive snapshot of the nation's interest rates on a range of savings accounts from fixed rate bonds to ISAs.

Content

This dataset spans from January 1999 to October 2023, providing a comprehensive and longitudinal perspective on the evolution of savings rates in the United Kingdom.

This dataset includes the the interest rate time series for the following rates:

• Instant access accounts
• Branch accounts
• Fixed rate bonds (1-year and 2-year)
• Cash ISA accounts
• Fixed rate ISA accounts (1-year)
• Bank of England official rate

Links

This data has been sourced from the Building Societies Association website: https://www.bsa.org.uk/statistics/

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

A nationally representative survey of 2,000 UK adults exploring average savings balances, the prevalence of 'zero-savings' households, and disparities in financial buffers across different age groups, genders, and generations.

Key information about EU Gross Savings Rate

• EU Gross Savings Rate was measured at 25.5% in Dec 2025, compared with 25.5% in the previous quarter.
• EU Gross Savings Rate is updated quarterly, with data available from Mar 1995 to Dec 2025, and an average rate of 25.5%.
• The data reached an all-time high of 25.5% in Mar 2021 and a record low of 21.4% in Mar 2010.
• 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. Eurostat provides Final Consumption Expenditure in local currency and Nominal GDP in local currency. European Union stands for EU27 excluding UK.
• In the latest reports, EU GDP expanded 1.6% YoY in Sep 2025.
• EU Nominal GDP reached 5,301,125.3 USD mn in Jun 2025. Its GDP deflator (implicit price deflator) increased 2.7% in Jun 2025.
• EU GDP Per Capita reached 41,541.4 USD in Dec 2023.

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 August 2025, the interest rate amounted to **** percent.

"Mortgages" and "Real estate" are the top two answers among UK consumers in our survey on the subject of "Most used financial products".The survey was conducted online among 6,176 respondents in the UK, in 2025.

BOE Forecast: Household Saving Ratio data was reported at 4.500 % in 2021. This stayed constant from the previous number of 4.500 % for 2020. BOE Forecast: Household Saving Ratio data is updated yearly, averaging 4.750 % from Dec 2014 (Median) to 2021, with 8 observations. The data reached an all-time high of 6.750 % in 2014 and a record low of 4.500 % in 2021. BOE Forecast: Household Saving Ratio data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.H025: Household Saving Ratio: Forecast.

Household gross saving rate in the United Kingdom spiked during the second quarter of 2020, reaching 25.9 percent, nearly three times as high as in the first quarter of the year. This unprecedented increase is due to the coronavirus (COVID-19) outbreak and the resulting widespread lockdown and temporary business closures. a similar increase can be seen during the second generalized lockdown implemented during the first quarter of 2021.

Quarterly growth rates for UK households' saving ratio

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.

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

In 2018, approximately ** percent of people in the United Kingdom (UK) aged between 22 and 29 years were saving adequately, whereas in the age group of 50 to 59 years, this share was much higher, at ** percent. The older people get, the more likely they are to prioritise retirement saving in their personal budget. It is recommended that at least ** percent of the individual income is put aside as retirement savings.