Household gross savings value in the United Kingdom (UK) spiked during the second quarter of 2020, reaching a value of approximately 92 billion British pounds. By contrast, during the first quarter of 2020, gross savings amounted to 35 billion British pounds. This unprecedented increase was due to the coronavirus (COVID-19) outbreak and the resulting widespread lockdown and temporary business closures. A similar increase in savings can be seen during the second genralized lockdown in the first quarter of 2021.
Household gross savings value during the coronavirus (COVID-19) pandemic in the United Kingdom from 1st quarter 2020 to 1st quarter 2021 (in million British pounds)
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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
- Share of U.S. women with COVID-19 who had died June 2020, by age and pregnancy status
- Confidence in Biden's ability to handle COVID-19 by gender October 2020
- Symptoms among COVID-19 positive adult females, U.S. June 2020, by pregnancy status
- Hospitalization among COVID-19 positive women, U.S. 2020, by age and pregnancy status
- ICU admissions among COVID-19 positive women, U.S. 2020, by age and pregnancy status
- Monthly vegetable oils price index worldwide 2000-2022
- Monthly dairy price index worldwide 2000-2022
- Sales value of pharmaceutical market in China 2018-2023
- Public opinion on the COVID-19 impact as seen in Romania 2020
- Grocery and pharmacy mobility trend during COVID-19 in Turkey 2020
- Coronavirus impact on investment in digital marketing Spain 2020
- Fear of losing jobs due to the coronavirus in Denmark 2020
- Change in rental costs due to the COVID-19 pandemic in Poland 2020, by city
- Household net savings Canada 2000-2021
- Share of households without savings in Europe 2019-2020, by country
- Households' reasons for saving in Italy 2019
Further Content: You might find this interesting as well
Statistics
- Share of U.S. women with COVID-19 who had died June 2020, by age and pregnancy status
- Confidence in Biden's ability to handle COVID-19 by gender October 2020
- Symptoms among COVID-19 positive adult females, U.S. June 2020, by pregnancy status
- Hospitalization among COVID-19 positive women, U.S. 2020, by age and pregnancy status
- ICU admissions among COVID-19 positive women, U.S. 2020, by age and pregnancy status
- Monthly vegetable oils price index worldwide 2000-2022
- Monthly dairy price index worldwide 2000-2022
- Sales value of pharmaceutical market in China 2018-2023
- Public opinion on the COVID-19 impact as seen in Romania 2020
- Grocery and pharmacy mobility trend during COVID-19 in Turkey 2020
- Coronavirus impact on investment in digital marketing Spain 2020
- Fear of losing jobs due to the coronavirus in Denmark 2020
- Change in rental costs due to the COVID-19 pandemic in Poland 2020, by city
- Household net savings Canada 2000-2021
- Share of households without savings in Europe 2019-2020, by country
- Households' reasons for saving in Italy 2019
Office for National Statistics (UK). (June 30, 2021). Household gross savings value during the coronavirus (COVID-19) pandemic in the United Kingdom from 1st quarter 2020 to 1st quarter 2021 (in million British pounds) [Graph]. In Statista. Retrieved March 29, 2023, from https://www.statista.com/statistics/1223577/household-savings-value-during-covid-19-united-kingdom-uk/
Office for National Statistics (UK). "Household gross savings value during the coronavirus (COVID-19) pandemic in the United Kingdom from 1st quarter 2020 to 1st quarter 2021 (in million British pounds)." Chart. June 30, 2021. Statista. Accessed March 29, 2023. https://www.statista.com/statistics/1223577/household-savings-value-during-covid-19-united-kingdom-uk/
Office for National Statistics (UK). (2021). Household gross savings value during the coronavirus (COVID-19) pandemic in the United Kingdom from 1st quarter 2020 to 1st quarter 2021 (in million British pounds). Statista. Statista Inc.. Accessed: March 29, 2023. https://www.statista.com/statistics/1223577/household-savings-value-during-covid-19-united-kingdom-uk/
Office for National Statistics (UK). "Household Gross Savings Value during The Coronavirus (Covid-19) Pandemic in The United Kingdom from 1st Quarter 2020 to 1st Quarter 2021 (in Million British Pounds)." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/1223577/household-savings-value-during-covid-19-united-kingdom-uk/
Office for National Statistics (UK), Household gross savings value during the coronavirus (COVID-19) pandemic in the United Kingdom from 1st quarter 2020 to 1st quarter 2021 (in million British pounds) Statista, https://www.statista.com/statistics/1223577/household-savings-value-during-covid-19-united-kingdom-uk/ (last visited March 29, 2023)
Household gross savings value during the coronavirus (COVID-19) pandemic in the United Kingdom from 1st quarter 2020 to 1st quarter 2021 (in million British pounds) [Graph], Office for National Statistics (UK), June 30, 2021. [Online]. Available: https://www.statista.com/statistics/1223577/household-savings-value-during-covid-19-united-kingdom-uk/