As of September 2020, the majority of households in the United Kingdom planned to keep the savings they build up during the coronavirus (COVID-19) pandemic in their bank accounts. On the other hand, only a minor share of the respondents was planning to invest their additional savings in stocks (10.3 percent) or to spend them (9.5 percent).
Households' plans for the use of additional savings accumulated during the coronavirus (COVID-19) pandemic in the United Kingdom in 2020
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Statistics on Savings during COVID-19 in selected advanced economies worldwide
Worldwide
5
- Premium Statistic Household saving rate in selected countries worldwide 2020
- Premium Statistic Excess savings as share of GDP during COVID-19 in selected countries 2020
- Premium Statistic Excess savings due to COVID-19 in selected countries 2020
- Premium Statistic Changing financial behaviors due to COVID-19 worldwide
- Premium Statistic Main financial priorities in selected countries worldwide for 2021
United States
6
- Premium Statistic Monthly personal savings rate during COVID-19 in the U.S. 2020-2022
- Premium Statistic Monthly personal savings during COVID-19 in the U.S. 2020-2021
- Premium Statistic COVID-19 impact on household savings in the U.S. 2020
- Premium Statistic Household savings depletion during COVID-19 in the U.S. 2020, by age group
- Premium Statistic Change in retirement savings due to coronavirus outbreak in the U.S. 2020
- Premium Statistic COVID-19 impact on retirement savings/plans in the U.S. 2020, by generation
Canada
5
- Premium Statistic Quarterly household saving rate in Canada 2019-2022
- Premium Statistic Quarterly household savings in Canada Q1 2020-Q3 2022
- Premium Statistic Average savings per household in Canada Q1 2020-Q4 2020
- Premium Statistic Average savings per household in Canada 2000-2021, by age group
- Premium Statistic Average savings per household in Canada Q1 2020-Q4 2020, by income quintile
European Union
6
- Basic Statistic Household saving rate during COVID-19 in the EU 27 Q1 2020-Q3 2020
- Basic Statistic Household saving rate during COVID-19 in the eurozone Q1 2020-Q3 2020
- Basic Statistic Annual savings per capita in the eurozone 2019-2021
- Premium Statistic Use of personal savings during COVID-19 in the EU 2020
- Premium Statistic Use of personal savings during COVID-19 in the EU 2020, by gender
- Premium Statistic Use of personal savings during COVID-19 in the EU 2020, by age group
United Kingdom
6
- Premium Statistic Households' saving rate during COVID-19 in the UK Q1 2020-Q1 2021
- Premium Statistic Household savings value during COVID-19 in the UK Q1 2020-Q1 2021
- Premium Statistic COVID-19 impact on savings in Great Britain 2020
- Premium Statistic COVID-19 impact on savings in Great Britain 2020, by age group
- Premium Statistic COVID-19 impact on savings in Great Britain 2020, by gender
- Premium Statistic Households' plans for savings accumulated during COVID-19 in the UK 2020
Further related statistics
16
- Reasons for not having savings in Italy 2019
- Individuals managing to save in Italy 2017-2019
- Savings rate of households in Finland in 2011-2021
- Individuals managing to save in Italy 2017-2019, by geographical area
- Effectiveness of COVID-19 financial relief measures for families Singapore 2020
- Annual percentage change in the saving rate of households in Romania 2016-2021
- Impact of COVID-19 on shipping and supply chain strategies 2020
- Share of U.S. COVID-19 patients admitted to ICU, Jan-May, 2020, by gender
- COVID-19 incidence rate in the U.S. from January 22-May 30, 2020, by age and gender
- Mitigation strategies for cold chain business due to COVID-19 by company type 2020
- Share of Hungarian enterprises with liquidity problems because of COVID-19 2020
- Expected impact of COVID-19 on cold chainbusiness conduct compared to pre-crisis 2020
- Financial impact of COVID-19 on expected revenue of cold chain businesses 2020
- Adaptability of shipping and supply chain firms during COVID-19 pandemic 2020
- Per capita national disposable income of the GCC 2013-2017
- Willingness to get COVID-19 vaccination once available in Italy 2020
Further Content: You might find this interesting as well
Statistics
- Reasons for not having savings in Italy 2019
- Individuals managing to save in Italy 2017-2019
- Savings rate of households in Finland in 2011-2021
- Individuals managing to save in Italy 2017-2019, by geographical area
- Effectiveness of COVID-19 financial relief measures for families Singapore 2020
- Annual percentage change in the saving rate of households in Romania 2016-2021
- Impact of COVID-19 on shipping and supply chain strategies 2020
- Share of U.S. COVID-19 patients admitted to ICU, Jan-May, 2020, by gender
- COVID-19 incidence rate in the U.S. from January 22-May 30, 2020, by age and gender
- Mitigation strategies for cold chain business due to COVID-19 by company type 2020
- Share of Hungarian enterprises with liquidity problems because of COVID-19 2020
- Expected impact of COVID-19 on cold chainbusiness conduct compared to pre-crisis 2020
- Financial impact of COVID-19 on expected revenue of cold chain businesses 2020
- Adaptability of shipping and supply chain firms during COVID-19 pandemic 2020
- Per capita national disposable income of the GCC 2013-2017
- Willingness to get COVID-19 vaccination once available in Italy 2020
Office for Budget Responsibility. (March 3, 2021). Households' plans for the use of additional savings accumulated during the coronavirus (COVID-19) pandemic in the United Kingdom in 2020 [Graph]. In Statista. Retrieved April 02, 2023, from https://www.statista.com/statistics/1221314/plans-for-savings-built-up-during-covid-19-uk/
Office for Budget Responsibility. "Households' plans for the use of additional savings accumulated during the coronavirus (COVID-19) pandemic in the United Kingdom in 2020." Chart. March 3, 2021. Statista. Accessed April 02, 2023. https://www.statista.com/statistics/1221314/plans-for-savings-built-up-during-covid-19-uk/
Office for Budget Responsibility. (2021). Households' plans for the use of additional savings accumulated during the coronavirus (COVID-19) pandemic in the United Kingdom in 2020. Statista. Statista Inc.. Accessed: April 02, 2023. https://www.statista.com/statistics/1221314/plans-for-savings-built-up-during-covid-19-uk/
Office for Budget Responsibility. "Households' Plans for The Use of Additional Savings Accumulated during The Coronavirus (Covid-19) Pandemic in The United Kingdom in 2020." Statista, Statista Inc., 3 Mar 2021, https://www.statista.com/statistics/1221314/plans-for-savings-built-up-during-covid-19-uk/
Office for Budget Responsibility, Households' plans for the use of additional savings accumulated during the coronavirus (COVID-19) pandemic in the United Kingdom in 2020 Statista, https://www.statista.com/statistics/1221314/plans-for-savings-built-up-during-covid-19-uk/ (last visited April 02, 2023)
Households' plans for the use of additional savings accumulated during the coronavirus (COVID-19) pandemic in the United Kingdom in 2020 [Graph], Office for Budget Responsibility, March 3, 2021. [Online]. Available: https://www.statista.com/statistics/1221314/plans-for-savings-built-up-during-covid-19-uk/