Household Saving Rate in the United States increased to 4.90 percent in April from 4.30 percent in March 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 Rate (PSAVERT) from Jan 1959 to Apr 2025 about savings, personal, rate, and USA.

United States - Personal Saving Rate was 3.90% in March of 2025, according to the United States Federal Reserve. Historically, United States - Personal Saving Rate reached a record high of 32.00 in April of 2020 and a record low of 1.40 in July of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Personal Saving Rate - last updated from the United States Federal Reserve on June of 2025.

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 Personal Saving (PSAVE) from Q1 1947 to Q1 2025 about savings, personal, GDP, and USA.

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.

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.

Graph and download economic data for National Rate: Savings (SNDR) from Apr 2021 to May 2025 about savings, deposits, rate, and USA.

Key information about China Gross Savings Rate

• China Gross Savings Rate was measured at 44.3% in Dec 2023, compared with 44.3% in the previous year.
• China Gross Savings Rate is updated yearly, with data available from Dec 1952 to Dec 2023, and an average rate of 44.3%.
• The data reached an all-time high of 44.3% in Dec 2010 and a record low of 16.5% in Dec 1962.
• CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The National Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, China GDP expanded 4.5% YoY in Mar 2023.
• China Nominal GDP reached 4,166,759.1 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 0.4% in Mar 2023.
• China GDP Per Capita reached 12,621.7 USD in Dec 2023.

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.

Over the course of the 1920s, the value of money deposited in commercial banks grew at a fairly steady rate, rising from around 19 billion U.S. dollars in 1921 (the initial dip was due to the post-WWI recession), to 25 billion at the end of the decade. However, the onset of the Great Depression saw these figures drop drastically, and the value of deposits fell from around 26 to 16 billion dollars between 1930 and 1933. This was not only due to high unemployment and lower wages, but many Americans also lost faith in the banks during the Depression - many blamed the banks for the Depression as frivolous lending practices had contributed to the Wall Street Crash; banks demanded early repayment of debts and often repossessed the property of those who could not afford to do so (also leading to evictions), and many banks failed after the Crash and were not perceived as safe. It was not until 1936 where deposits in commercial banks returned to their pre-Depression levels, after the Roosevelt administration put a number of safeguards in place and helped restore public faith in the American banking system.

In contrast to commercial banks, the total amount of money deposited in savings accounts continued to rise throughout the Great Depression, albeit at a much slower rate than in the 1920s. The reason for continued increase was due to the disproportionate impact the Depression had across socioeconomic groups - most working and middle-class Americans did not have the means to have a savings account

United States - Personal saving as a percentage of disposable personal income was 4.50% in January of 2024, according to the United States Federal Reserve. Historically, United States - Personal saving as a percentage of disposable personal income reached a record high of 27.90 in January of 1944 and a record low of -0.70 in January of 1933. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Personal saving as a percentage of disposable personal income - last updated from the United States Federal Reserve on June of 2025.

United States - Net saving as a percentage of gross national income was 0.60% in October of 2024, according to the United States Federal Reserve. Historically, United States - Net saving as a percentage of gross national income reached a record high of 13.30 in October of 1950 and a record low of -2.90 in July of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Net saving as a percentage of gross national income - last updated from the United States Federal Reserve on June of 2025.

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.

United States US: Deposit Rate: LIBOR: USD: Overnight data was reported at 0.412 % pa in 2016. This records an increase from the previous number of 0.134 % pa for 2015. United States US: Deposit Rate: LIBOR: USD: Overnight data is updated yearly, averaging 5.535 % pa from Dec 1963 (Median) to 2016, with 51 observations. The data reached an all-time high of 19.705 % pa in 1981 and a record low of 0.100 % pa in 2014. United States US: Deposit Rate: LIBOR: USD: Overnight data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Adjusted savings: net national savings (current US$) in India was reported at 580564673173 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Adjusted savings: net national savings - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Gross domestic savings (% of GDP) in United States was reported at 18.66 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Gross domestic savings (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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.

In 2024, 62 percent of adults in the United States invested in the stock market. This figure has remained steady over the last few years, and is still below the levels before the Great Recession, when it peaked in 2007 at 65 percent. What is the stock market? The stock market can be defined as a group of stock exchanges, where investors can buy shares in a publicly traded company. In more recent years, it is estimated an increasing number of Americans are using neobrokers, making stock trading more accessible to investors. Other investments A significant number of people think stocks and bonds are the safest investments, while others point to real estate, gold, bonds, or a savings account. Since witnessing the significant one-day losses in the stock market during the Financial Crisis, many investors were turning towards these alternatives in hopes for more stability, particularly for investments with longer maturities. This could explain the decrease in this statistic since 2007. Nevertheless, some speculators enjoy chasing the short-run fluctuations, and others see value in choosing particular stocks.

United States - Net saving as a percentage of gross national income was 0.80% in January of 2024, according to the United States Federal Reserve. Historically, United States - Net saving as a percentage of gross national income reached a record high of 16.00 in January of 1942 and a record low of -7.30 in January of 1932. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Net saving as a percentage of gross national income - last updated from the United States Federal Reserve on June of 2025.