Average amount of savings held by two-person households in Japan 2014-2023

In 2023, average savings held by households comprising two or more people in Japan amounted to approximately 19 million Japanese yen, a slight increase of 0.2 percent year on year.

Multi-person households

Savings held by multi-person households increased proportionally with the age of the household head. The average net savings, the current savings minus current liabilities, of multi-person households amounted to around 12.5 million Japanese yen in 2023. Among households with a household head aged 49 years or younger, net savings were negative, indicating that liabilities exceeded the amount of savings held among households in younger age groups.

Working multi-person households

Among all multi-person households, working households held savings of around 14.7 million yen on average. Broken down by region, the average monthly savings of working households were the highest in the Kanto region, which is home to Japan’s capital, Tokyo, followed by Hokuriku and Shikoku. More than 60 percent of the savings held by working multi-person households were demand or time deposits. This reflects the overall trend that a substantial part of Japanese households' financial assets are cash and deposits, while investments in securities make up a small share.