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

In December 2024, the personal saving rate in the United States amounted to 3.8 percent. That was slightly lower figure than a year earlier. The personal saving rate is calculated as the ratio of personal savings to disposable personal income. Within the topic of personal savings in the U.S., there are different goals and reasons for saving. What are personal savings? Saving refers to strategies of accumulating capital for future use by either not spending a part of one’s income or cutting down on certain costs. Saved money may be preserved as cash, put on a deposit account, or invested in various financial instruments. Investing usually incorporates some level of risk which means that part of the invested money can be gone. An example of a relatively safe investment would be saving bonds, such as the debt securities issued by the U.S. Department of the Treasury. Saving trends in the U.S. and abroad Looking at the personal saving rate in the United States throughout the past decades, it can be observed that savings had been decreasing until the mid-2000s, and they increased after the 2008 financial crisis. Still, the largest savings rates were reached in 2020 and 2021. The reason for that increase in the savings rate that year might be related to the measures to contain the COVID-19 pandemic. The value of personal savings in the United Kingdom has also followed a similar trend. Although events like the COVID-19 pandemic may have affect many countries in a similar way, the ability to save, as well as the average savings as a share of personal income across countries can vary significantly depending on multiple factors affecting each territory.

This statistic shows the household saving rate of the United States from 2010 until 2017. In 2015, The household saving rate in the United States was **** percent.

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.

United States PI: saar: Personal Savings as % of Disposable Personal Income data was reported at 3.300 % in Mar 2018. This records an increase from the previous number of 2.700 % for Dec 2017. United States PI: saar: Personal Savings as % of Disposable Personal Income data is updated quarterly, averaging 9.100 % from Mar 1947 (Median) to Mar 2018, with 285 observations. The data reached an all-time high of 15.000 % in Jun 1975 and a record low of 2.200 % in Sep 2005. United States PI: saar: Personal Savings as % of Disposable Personal Income data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A218: NIPA 2013: Personal Income and Disposition: saar: Quarterly.

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.

United States GS: saar: NS: PS: HI: Personal Saving data was reported at 480.611 USD bn in Mar 2018. This records an increase from the previous number of 385.676 USD bn for Dec 2017. United States GS: saar: NS: PS: HI: Personal Saving data is updated quarterly, averaging 235.921 USD bn from Mar 1947 (Median) to Mar 2018, with 285 observations. The data reached an all-time high of 1,174.553 USD bn in Dec 2012 and a record low of 8.509 USD bn in Jun 1947. United States GS: saar: NS: PS: HI: Personal Saving data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A065: NIPA 2013: Gross Saving and Investment: Seasonally Adjusted at Annual Rates.

Key information about United States Private Consumption: % of GDP

• United States Private Consumption accounted for 68.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 67.7 % in the previous quarter.
• US Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1947 to Dec 2024, with an average share of 63.5 %.
• The data reached an all-time high of 68.8 % in Dec 2024 and a record low of 57.7 % in Mar 1952.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Bureau of Economic Analysis provides Private Consumption Expenditure in USD and Nominal GDP in USD.


Related information about United States Private Consumption: % of GDP

• In the latest reports, US GDP expanded 1.8 % YoY in Mar 2023.
• Its Nominal GDP reached 6,632.4 USD bn in Mar 2023.
• US GDP Per Capita reached 59,484.0 USD in Dec 2017.
• Its Gross Savings Rate was measured at 16.0 % in Mar 2023.

Key information about United States Investment: % of GDP

• United States Investment accounted for 20.7 % of its Nominal GDP in Mar 2023, compared with a ratio of 21.3 % in the previous quarter.
• US investment share of Nominal GDP data is updated quarterly, available from Mar 1947 to Mar 2023, with an average ratio of 22.3 %.
• The data reached an all-time high of 25.4 % in Dec 1978 and a record low of 16.1 % in Jun 1947.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. The Bureau of Economic Analysis provides Nominal Gross Capital Formation in USD and Nominal GDP in USD. Seasonally adjusted auxiliary series is used since non-seasonally adjusted data is unavailable from the source.


Related information about United States Investment: % of GDP

• In the latest reports, US GDP expanded 1.8 % YoY in Mar 2023.
• US Nominal GDP reached 6,632.4 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.3 % in Mar 2023.
• US GDP Per Capita reached 59,484.0 USD in Dec 2017.
• Its Gross Savings Rate was measured at 16.0 % in Mar 2023.

United States DL: saar: Private (PR) data was reported at 0.000 USD bn in Mar 2018. This stayed constant from the previous number of 0.000 USD bn for Dec 2017. United States DL: saar: Private (PR) data is updated quarterly, averaging 0.000 USD bn from Mar 1971 (Median) to Mar 2018, with 189 observations. The data reached an all-time high of 484.000 USD bn in Sep 2017 and a record low of 0.000 USD bn in Mar 2018. United States DL: saar: Private (PR) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A222: NIPA 2013: Gross Saving and Investment: saar.

United States GS: saar: NS: Net Private Saving (PS) data was reported at 1,415.294 USD bn in Mar 2018. This records an increase from the previous number of 1,172.768 USD bn for Dec 2017. United States GS: saar: NS: Net Private Saving (PS) data is updated quarterly, averaging 354.554 USD bn from Mar 1947 (Median) to Mar 2018, with 285 observations. The data reached an all-time high of 1,685.571 USD bn in Dec 2012 and a record low of 15.743 USD bn in Jun 1947. United States GS: saar: NS: Net Private Saving (PS) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A065: NIPA 2013: Gross Saving and Investment: Seasonally Adjusted at Annual Rates.

United States GS: saar: Gross Private Saving (GPS) data was reported at 3,987.784 USD bn in Mar 2018. This records an increase from the previous number of 3,709.829 USD bn for Dec 2017. United States GS: saar: Gross Private Saving (GPS) data is updated quarterly, averaging 784.787 USD bn from Mar 1947 (Median) to Mar 2018, with 285 observations. The data reached an all-time high of 3,987.784 USD bn in Mar 2018 and a record low of 33.047 USD bn in Jun 1947. United States GS: saar: Gross Private Saving (GPS) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A065: NIPA 2013: Gross Saving and Investment: Seasonally Adjusted at Annual Rates.

United States GS: saar: NC: Private (PR) data was reported at 9.909 USD bn in Mar 2018. This records a decrease from the previous number of 1,010.581 USD bn for Dec 2017. United States GS: saar: NC: Private (PR) data is updated quarterly, averaging 6.616 USD bn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 1,010.581 USD bn in Dec 2017 and a record low of -223.068 USD bn in Dec 2008. United States GS: saar: NC: Private (PR) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A065: NIPA 2013: Gross Saving and Investment: Seasonally Adjusted at Annual Rates.

United States GS: saar: NE: Private (PR) data was reported at 577.614 USD bn in Mar 2018. This records an increase from the previous number of -541.232 USD bn for Dec 2017. United States GS: saar: NE: Private (PR) data is updated quarterly, averaging 86.168 USD bn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 1,587.588 USD bn in Jun 2009 and a record low of -541.232 USD bn in Dec 2017. United States GS: saar: NE: Private (PR) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A222: NIPA 2013: Gross Saving and Investment: saar.

United States NDI: saar: Private (PR) data was reported at 806.617 USD bn in Mar 2018. This records an increase from the previous number of 758.192 USD bn for Dec 2017. United States NDI: saar: Private (PR) data is updated quarterly, averaging 211.619 USD bn from Mar 1947 (Median) to Mar 2018, with 285 observations. The data reached an all-time high of 978.302 USD bn in Mar 2006 and a record low of -126.233 USD bn in Sep 2009. United States NDI: saar: Private (PR) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A111: NIPA 2013: Gross Saving and Investment: saar.

United States GNP: saar: FC: Private: Domestic Business (DB) data was reported at 2,029.290 USD bn in Mar 2018. This records an increase from the previous number of 2,003.892 USD bn for Dec 2017. United States GNP: saar: FC: Private: Domestic Business (DB) data is updated quarterly, averaging 351.351 USD bn from Mar 1947 (Median) to Mar 2018, with 285 observations. The data reached an all-time high of 2,029.290 USD bn in Mar 2018 and a record low of 13.578 USD bn in Mar 1947. United States GNP: saar: FC: Private: Domestic Business (DB) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A222: NIPA 2013: Gross Saving and Investment: saar.

GS：按年率季节性调整后：NC：私营（PR）在03-01-2018达9.909十亿美元，相较于12-01-2017的1,010.581十亿美元有所下降。GS：按年率季节性调整后：NC：私营（PR）数据按季更新，03-01-1960至03-01-2018期间平均值为6.616十亿美元，共233份观测结果。该数据的历史最高值出现于12-01-2017，达1,010.581十亿美元，而历史最低值则出现于12-01-2008，为-223.068十亿美元。CEIC提供的GS：按年率季节性调整后：NC：私营（PR）数据处于定期更新的状态，数据来源于Bureau of Economic Analysis，数据归类于Global Database的美国 – 表 US.A065：国民收入和国民产值账户 2013：存款和投资总额：按年利率季节性调整后。