According to the results of a survey conducted in Germany in 2020, on average 62 percent of respondents saved money regularly. By contrast, one in five respondents admitted that they almost never save money. When looking at a breakdown by age group, the results revealed that younger individuals were more likely to save regularly compared to older cohorts.
Frequency of saving money in Germany in 2020, by age group
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Statistics on Savings in the European Union
Overview
6
- Premium Statistic Household net savings rate in the EU 2000-2021
- Premium Statistic Household net savings rate in the eurozone 2000-2021
- Premium Statistic Household gross saving rate in the Eurozone 2017-2020
- Premium Statistic Gross savings per capita in the Eurozone 2017- 2020
- Premium Statistic Household gross saving rate in the EU Q1 2020-Q3 2020, by country
- Premium Statistic Gross savings per capita in the EU 2020-2021, by country
Germany
8
- Premium Statistic Household net saving rate in Germany 2002-2021
- Premium Statistic Household gross savings rate Germany Q1 2007-Q1 2022
- Premium Statistic Gross savings per capita in Germany 2015-2021
- Premium Statistic Reason to save in Germany 2020-2022
- Premium Statistic Money saving frequency in Germany 2020, by age group
- Premium Statistic Average monthly savings in Germany 2020, by age group
- Premium Statistic Saving for retirement according to German adults in 2021
- Premium Statistic Factors that prompted saving for retirement in Germany in 2020
France
7
- Premium Statistic Household net saving rate in France 2001-2020
- Premium Statistic Household gross savings rate France Q1 2007-Q4 2021
- Premium Statistic Gross savings per capita in the France 2015-2021
- Premium Statistic Share of French people who save money each month by age group 2019
- Premium Statistic Share of French people who are not able to save money by income 2019
- Premium Statistic Saving for retirement according to French adults 2021
- Premium Statistic Factors that prompted saving for retirement in France 2021
Italy
7
- Premium Statistic Household net saving rate Italy 2002-2021
- Premium Statistic Household gross savings rate in Italy Q1 2007-Q3 2021
- Premium Statistic Gross savings per capita in Italy 2015-2020
- Premium Statistic Share of households saving money in Italy 2003-2021
- Premium Statistic Attitudes towards saving in Italy in 2021
- Premium Statistic Households' capabilities to save in Italy 2021
- Premium Statistic Households' expectations on next year savings capacity in Italy 2021
Spain
5
- Premium Statistic Household net saving rate Spain 2001-2020
- Premium Statistic Household gross savings rate Spain Q1 2007-Q3 2021
- Premium Statistic Gross savings per capita in Spain 2015-2020
- Premium Statistic Approaches to saving for retirement in Spain 2021
- Premium Statistic Factors that prompted saving for retirement in Spain in 2020
Netherlands
7
- Premium Statistic Net savings rate in the Netherlands 2000-2020
- Premium Statistic Household gross savings rate Netherlands Q1 2007-Q3 2021
- Premium Statistic Gross savings per capita in the Netherlands 2015-2020
- Premium Statistic Total value of household savings in the Netherlands 2007-2021, by type of deposit
- Premium Statistic Value of deposits to household savings in the Netherlands 2016-2021
- Premium Statistic Saving for retirement among Dutch employees in 2020
- Premium Statistic Factors that prompted saving for retirement in the Netherlands in 2020
Further related statistics
18
- Reasons for not having savings in Italy 2019
- Italy: investments habits 2017
- Individuals managing to save in Italy 2017-2019
- What people in Spain do with their savings 2018
- Individuals managing to save in Italy 2017-2019, by geographical area
- Reasons why Spaniards did not save enough money a month in 2018
- Main reasons to save money in Spain in 2018
- Population who could save more than 500 euros monthly Spain 2014-2018
- Population without monthly savings in Spain between 2014 and 2018
- Average monthly savings in Spain 2018
- Italy: savings behavior 2017, by method
- Italy: savings behavior 2017
- Share of individuals that made savings in Russia 2017, by reason
- Age of population holding cash savings products in the United Kingdom (UK) in 2014
- Average households' propensity to save Italy 2011-2021
- Share of expense from income and saving, borrowing, sale of asset India 2004 and 2017
- Household savings with respect of monthly net income in Europe 2019-2020
- Gross savings in Laos 2004-2016
Further Content: You might find this interesting as well
Statistics
- Reasons for not having savings in Italy 2019
- Italy: investments habits 2017
- Individuals managing to save in Italy 2017-2019
- What people in Spain do with their savings 2018
- Individuals managing to save in Italy 2017-2019, by geographical area
- Reasons why Spaniards did not save enough money a month in 2018
- Main reasons to save money in Spain in 2018
- Population who could save more than 500 euros monthly Spain 2014-2018
- Population without monthly savings in Spain between 2014 and 2018
- Average monthly savings in Spain 2018
- Italy: savings behavior 2017, by method
- Italy: savings behavior 2017
- Share of individuals that made savings in Russia 2017, by reason
- Age of population holding cash savings products in the United Kingdom (UK) in 2014
- Average households' propensity to save Italy 2011-2021
- Share of expense from income and saving, borrowing, sale of asset India 2004 and 2017
- Household savings with respect of monthly net income in Europe 2019-2020
- Gross savings in Laos 2004-2016
Bundesverband deutscher Banken. (June 12, 2020). Frequency of saving money in Germany in 2020, by age group [Graph]. In Statista. Retrieved February 06, 2023, from https://www.statista.com/statistics/1221230/frequency-of-savings-germany/
Bundesverband deutscher Banken. "Frequency of saving money in Germany in 2020, by age group." Chart. June 12, 2020. Statista. Accessed February 06, 2023. https://www.statista.com/statistics/1221230/frequency-of-savings-germany/
Bundesverband deutscher Banken. (2020). Frequency of saving money in Germany in 2020, by age group. Statista. Statista Inc.. Accessed: February 06, 2023. https://www.statista.com/statistics/1221230/frequency-of-savings-germany/
Bundesverband deutscher Banken. "Frequency of Saving Money in Germany in 2020, by Age Group." Statista, Statista Inc., 12 Jun 2020, https://www.statista.com/statistics/1221230/frequency-of-savings-germany/
Bundesverband deutscher Banken, Frequency of saving money in Germany in 2020, by age group Statista, https://www.statista.com/statistics/1221230/frequency-of-savings-germany/ (last visited February 06, 2023)
Frequency of saving money in Germany in 2020, by age group [Graph], Bundesverband deutscher Banken, June 12, 2020. [Online]. Available: https://www.statista.com/statistics/1221230/frequency-of-savings-germany/