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COVID-19 impact on savings in Great Britain 2020

Published by Statista Research Department, Jun 14, 2022
The coronavirus (COVID-19) impacted people's financial situation worldwide. The results of a survey conducted in Great Britain revealed that, due the COVID-19 pandemic and the measures taken by the government to the tackle the outbreak, 36 percent of adults saw their savings decrease, even though to different extents. On the other hand, 17 percent of respondents revealed that their savings increased during the pandemic.

Impact of the coronavirus (COVID-19) pandemic on savings in Great Britain in 2020

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Release date

May 2020

Region

United Kingdom (Great Britain)

Survey time period

May 19 to 20, 2020

Number of respondents

2,072 respondents

Age group

18 years and older

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