The gross savings of the United States represented over 19 percent of its GDP in 2020. Despite some fluctuations, the savings rate was on a downward trend until 2009. In 2015, the gross savings rate reached its highest value since 1998. During the past years, these figures have remained relatively stable.
Gross savings as share of gross domestic product (GDP) in the United States from 1970 to 2020
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Statistics on Personal savings in the United States
Overview
7
- Basic Statistic Monthly personal savings as a share of disposable income in the U.S. 2015-2022
- Premium Statistic Mean and median amount of personal savings in the U.S. 2022, by type
- Basic Statistic Personal savings in the U.S. 1960-2021
- Basic Statistic Savings and other checkable deposits in the U.S. 2020-2022
- Premium Statistic Amount of money saved in savings accounts in the U.S. 2020-2022
- Premium Statistic Savings and investments held by employees in the U.S. 2021
- Premium Statistic Gross savings as share of GDP in the U.S. 1970-2020
Household savings
6
- Basic Statistic Household savings in the U.S. 2000-2021
- Basic Statistic Time and savings deposits of households and nonprofit organizations U.S. 2000-2021
- Premium Statistic Share of families that saved in the U.S. 2001-2019, by ethnicity
- Premium Statistic Share of families that saved in the U.S. 2004-2019, by work status
- Premium Statistic Share of families with savings bonds in the U.S. 2007-2019, by age of family head
- Premium Statistic Financial instruments owned by children in the U.S. 2022
College savings
4
- Premium Statistic Share of households saving for college in the U.S. 2020, by age of head of household
- Basic Statistic Total Education tax savings for college students U.S. 2001-2022
- Basic Statistic Assets of section 529 savings plan in the U.S. 2009-2021
- Premium Statistic 529 college savings average account balance in the U.S. 2016-2021
Retirement savings
6
- Premium Statistic Adults with any retirement savings in the U.S. 2021, by age group
- Premium Statistic Opinion of Americans on state of their retirement savings 2021, by ethnicity
- Premium Statistic Drivers for starting to save for retirement in the U.S. 2020-2021
- Premium Statistic Household retirement savings in the U.S. 2020-2021, by amount
- Premium Statistic Value of assets invested in IRAs in the U.S. 2021, by type
- Premium Statistic Probability of outliving their savings in the U.S. 2020-2022
Saving practices
6
- Basic Statistic Reasons why families saved in the U.S. 2010-2019
- Premium Statistic Goals in New Year's financial resolution in the U.S. 2022
- Premium Statistic Factors that are holding back Americans from saving for a down payment 2021
- Premium Statistic Factors that prevent the Americans from saving for a down payment 2021, by age group
- Premium Statistic Emergency bill: savings, credit card, borrow vs personal loan U.S. 2022
- Premium Statistic Bank account and service complaints reported CFPB in the U.S. 2021
Impact of the economy on savings
5
- Premium Statistic Adults who spent money from their savings due to inflation in the U.S. 2022, by age
- Premium Statistic Main reasons why people could not save more in the U.S. 2022
- Premium Statistic Share of people who have delayed financial milestones in the U.S. 2022
- Premium Statistic Share of people who avoided expenditures in the U.S. 2022
- Premium Statistic Actions people have found most effective to save money worldwide 2022
Further related statistics
21
- Forecasted quarterly household savings ratio in the U.K. 2015-2027
- Household savings rate as a share of disposable income in Sweden 2009-2020
- Household savings ratio in the Benelux region 2017-2021
- Households savings as share of GDP worldwide 1982-2020
- Household gross savings rate in Poland 2007-2021
- Household gross savings rate Spain Q1 2007-Q3 2021
- Personal savings rate in South Korea 2010-2021
- Net household savings in Japan 2012-2021
- Household savings in the U.S. 2000-2021
- Monthly personal savings rate during COVID-19 in the U.S. 2020-2022
- Household savings as a share of disposable income in Norway 2008-2020
- French households savings rate 2010-2021
- Household gross savings rate Netherlands Q1 2007-Q3 2021
- Household financial savings rate in France 2000-2021
- Savings rate of households in Taiwan 1980-2021
- Total household savings in France 2013-2021
- Savings rate of Singaporean working adults 2022, by age group
- Household net savings rate in the EU 2000-2021
- Household gross savings rate Germany Q1 2007-Q1 2022
- Household net savings rate in the eurozone 2000-2021
- Net savings rate in the Netherlands 2000-2020
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World Bank. (February 24, 2022). Gross savings as share of gross domestic product (GDP) in the United States from 1970 to 2020 [Graph]. In Statista. Retrieved March 29, 2023, from https://www.statista.com/statistics/1353559/gross-savings-as-share-of-gdp-united-states/
World Bank. "Gross savings as share of gross domestic product (GDP) in the United States from 1970 to 2020." Chart. February 24, 2022. Statista. Accessed March 29, 2023. https://www.statista.com/statistics/1353559/gross-savings-as-share-of-gdp-united-states/
World Bank. (2022). Gross savings as share of gross domestic product (GDP) in the United States from 1970 to 2020. Statista. Statista Inc.. Accessed: March 29, 2023. https://www.statista.com/statistics/1353559/gross-savings-as-share-of-gdp-united-states/
World Bank. "Gross Savings as Share of Gross Domestic Product (Gdp) in The United States from 1970 to 2020." Statista, Statista Inc., 24 Feb 2022, https://www.statista.com/statistics/1353559/gross-savings-as-share-of-gdp-united-states/
World Bank, Gross savings as share of gross domestic product (GDP) in the United States from 1970 to 2020 Statista, https://www.statista.com/statistics/1353559/gross-savings-as-share-of-gdp-united-states/ (last visited March 29, 2023)
Gross savings as share of gross domestic product (GDP) in the United States from 1970 to 2020 [Graph], World Bank, February 24, 2022. [Online]. Available: https://www.statista.com/statistics/1353559/gross-savings-as-share-of-gdp-united-states/