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Annual average household savings ratio forecast in the UK 2008-2022

Based on an "illustrative scenario" in which the United Kingdom (UK) moves to a comprehensive free trade agreement with the European Union (EU) on the 1st of January 2021, this forecast shows the expected annual average household savings ratio in response to the current Covid-19 pandemic. The average annual household savings ratio is forecast to jump in 2020 to 17 percent.

Forecasted annual average household savings ratio in the United Kingdom (UK) from 2008 to 2022

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Sources

Release date

May 2020

Region

United Kingdom

Survey time period

2008 to 2019

Supplementary notes

The source added the following information "The illustrative scenario is conditioned on the assumption that the UK moves to a comprehensive free trade agreement with the EU on 1 January 2021."

Household saving ratio: Annual average. Percentage of total available household resources. Based on NRJS.
* Averages over the period.

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