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

Household Saving Rate in the United States decreased to 4.50 percent in May from 4.90 percent in April of 2025. This dataset provides - United States Personal Savings Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Personal Saving (PSAVE) from Q1 1947 to Q1 2025 about savings, personal, GDP, and USA.

Graph and download economic data for Personal saving as a percentage of disposable personal income from Q1 1947 to Q1 2025 about disposable, savings, personal income, percent, personal, income, GDP, and USA.

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 Ratio of Personal Saving to Disposable Personal Income for United States (Q1074BUSQ163SNBR) from Q1 1946 to Q2 1967 about disposable, savings, ratio, personal income, personal, income, 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.

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.

Household Saving Rate in Canada decreased to 5.70 percent in the first quarter of 2025 from 6 percent in the fourth quarter of 2024. This dataset provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States PI: saar: Personal Savings as Perc of Disposable Personal Income data was reported at 2.500 % in Mar 2013. This records a decrease from the previous number of 5.300 % for Dec 2012. United States PI: saar: Personal Savings as Perc of Disposable Personal Income data is updated quarterly, averaging 7.400 % from Mar 1947 (Median) to Mar 2013, with 265 observations. The data reached an all-time high of 12.500 % in Jun 1975 and a record low of 1.300 % in Sep 2005. United States PI: saar: Personal Savings as Perc 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 USA – Table US.A141: NIPA 2009: Personal Income and Disposition: Seasonally Adjusted at Annual Rates: Quarterly.

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

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 Personal Saving as Percentage of Disposable Personal Income: sa data was reported at 3.400 % in Sep 2003. This records an increase from the previous number of 3.200 % for Jun 2003. United States Personal Saving as Percentage of Disposable Personal Income: sa data is updated quarterly, averaging 8.200 % from Mar 1946 (Median) to Sep 2003, with 231 observations. The data reached an all-time high of 12.800 % in Mar 1946 and a record low of 0.800 % in Dec 2001. United States Personal Saving as Percentage of Disposable Personal Income: sa 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.A204: NIPA 1999: Disposable Personal Income.

United States PI: saar: Personal Saving data was reported at 294.300 USD bn in Mar 2013. This records a decrease from the previous number of 643.500 USD bn for Dec 2012. United States PI: saar: Personal Saving data is updated quarterly, averaging 153.400 USD bn from Mar 1947 (Median) to Mar 2013, with 265 observations. The data reached an all-time high of 690.600 USD bn in Jun 2008 and a record low of 4.200 USD bn in Jun 1947. United States PI: saar: 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.A141: NIPA 2009: Personal Income and Disposition: Seasonally Adjusted at Annual Rates: Quarterly.

Graph and download economic data for Gross private saving: Domestic business (W997RC1Q027SBEA) from Q1 1960 to Q1 2025 about savings, gross, domestic, business, private, GDP, and USA.

Graph and download economic data for Gross Private Saving (GPSAVE) from Q1 1947 to Q1 2025 about savings, gross, private, GDP, and USA.

Graph and download economic data for Personal Sector; Personal Saving (FOF Concept; FOF Data) as a Percentage of Disposable Personal Income, Transactions (BOGZ1FA176007026Q) from Q4 1946 to Q1 2025 about disposable, savings, transactions, sector, personal income, percent, personal, income, and USA.

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.

• 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.

Graph and download economic data for Net private saving: Households and institutions (W986RC1Q027SBEA) from Q1 1947 to Q1 2025 about savings, Net, households, private, GDP, and USA.

United States GS: saar: NS: Private: Personal Saving data was reported at 294.300 USD bn in Mar 2013. This records a decrease from the previous number of 643.500 USD bn for Dec 2012. United States GS: saar: NS: Private: Personal Saving data is updated quarterly, averaging 153.400 USD bn from Mar 1947 (Median) to Mar 2013, with 265 observations. The data reached an all-time high of 690.600 USD bn in Jun 2008 and a record low of 4.200 USD bn in Jun 1947. United States GS: saar: NS: Private: 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.A142: NIPA 2009: Gross Saving and Investment: Seasonaly Adjusted at Annual Rates.