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.

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.

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.

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 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 June 2025, the interest rate amounted to **** 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.

Interest-bearing sight deposits were the type of savings deposit with the highest outstanding amount in the United Kingdom in the first half of 2025. The outstanding value of those types of deposits in the UK amounted to 903 billion British pounds that year, while the value of NS&I deposits was 241 billion British pounds.

Key information about EU Gross Savings Rate

• EU Gross Savings Rate was measured at 25.7% in Dec 2024, compared with 25.7% in the previous quarter.
• EU Gross Savings Rate is updated quarterly, with data available from Mar 1995 to Dec 2024, and an average rate of 25.7%.
• The data reached an all-time high of 25.7% 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 1.0% YoY in Mar 2023.
• EU Nominal GDP reached 4,430,431.2 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 6.5% in Mar 2023.
• EU GDP Per Capita reached 38,468.8 USD in Dec 2021.

In the first quarter of 2025, people with an income under 30,000 British pounds considered that having more income was what would make them feel the most financially independent. For 35 percent of respondents with an income of over 50,000 British pounds, owning their own homes is what would make them feel the most financially independent.

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.

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.

According to a survey conducted in the first quarter of 2025, disabled and self-employed people were the demographic groups in the United Kingdom with the lowest levels of retirement savings. 54 percent of disabled people had less than the minimum retirement savings and thus were at risk of not being able to cover basic needs when they retire. Individuals who were non-disabled, white, not LGBTQ+, aged 30 to 39, and working full-time were more likely to report comfortable or moderate retirement lifestyles. The largest differences were observed across disability status, sexual and gender orientation, and employment type.

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 July of 2025.

In the first quarter of 2025, 68 percent of people in the East of England were on track for at least Pensions and Lifetime Savings Association (PLSA) minimum retirement living standards. That made the East of England the region in the United Kingdom with the highest share of people on track. In contrast, Northern Ireland and North-East England were the regions with the lowest share of people on track for the minimum retirement standards, with only 52 percent of people on track.

Interest rates are at their lowest levels since individual savings accounts (ISAs) began, which significantly reduces consumers’ commitment to saving. As a result, those consumers who can afford to save are starting to opt either for stocks and shares accounts, or pay off long-standing debts with higher interest rates. Read More

As of the first quarter of 2025, 26 percent of people in the United Kingdom thought that the amount of savings needed to cope with emergencies was between 1,000 and 4,999 British pounds. In contrast, 12 percent of survey respondents thought that over 25,000 British pounds were necessary.

As of March 2025, Fidelity Worldwide Investment was the leading retail and institutional fund management company in the United Kingdom (UK), in terms of value of managed ISA funds (Individual Saving Accounts funds). ISA funds are a class of retail investment arrangements that are available to citizens of the United Kingdom and offer investment perks, such as favorable tax status. At that time, Fidelity Worldwide Investment managed ISA funds worth almost 10.36 billion British pounds. Although this was the case, Fidelity Worldwide Investment ranked third in terms of total retail funds under management in the United Kingdom (UK).

UK: Lending Rate data was reported at 0.500 % pa in Mar 2016. This stayed constant from the previous number of 0.500 % pa for Dec 2015. UK: Lending Rate data is updated quarterly, averaging 6.702 % pa from Sep 1966 (Median) to Mar 2016, with 199 observations. The data reached an all-time high of 17.000 % pa in Jun 1980 and a record low of 0.500 % pa in Mar 2016. UK: Lending Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United Kingdom – Table UK.IMF.IFS: Lending, Saving and Deposit Rates: Quarterly.

Interest rates on all savings accounts are at record lows in the UK, and are failing to entice customers despite improving economic conditions. Read More

Key information about United Kingdom Investment: % of GDP

• United Kingdom Investment accounted for 18.2 % of its Nominal GDP in Sep 2024, compared with a ratio of 18.3 % in the previous quarter.
• UK investment share of Nominal GDP data is updated quarterly, available from Mar 1955 to Sep 2024, with an average ratio of 18.8 %.
• The data reached an all-time high of 26.2 % in Mar 1989 and a record low of 12.9 % in Jun 2020.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation, Changes in Inventories and Acquisition less Disposals of Valuables. Office for National Statistics provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about United Kingdom Investment: % of GDP

• In the latest reports, UK GDP expanded 0.2 % YoY in Mar 2023.
• UK Nominal GDP reached 786.4 USD bn 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.
• Its Gross Savings Rate was measured at 16.4 % in Sep 2024.