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Use of personal savings during COVID-19 in the EU 2020

Published by Statista Research Department, Mar 23, 2021
As of October 2020, 23 percent of people surveyed in the European Union declared that they had used personal savings sooner than they had planned during the coronavirus (COVID-19) outbreak. Unsurprisingly, responses varied greatly in the different European countries. For instance, as little as 11 percent of respondents in Denmark indicated having used their personal savings sooner than they had planned. By contrast, 40 percent of Bulgarians admitted having done so.

Share of individuals using savings earlier than planned during the coronavirus (COVID-19) pandemic in the European Union 2020, by country

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Sources

Release date

November 2020

Region

EU

Survey time period

September 25 to October 7, 2020

Number of respondents

24,812 respondents

Age group

14-64 years

Method of interview

Online survey

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