Personal saving rate in the U.S. 1960-2018

The statistic presents the personal saving rate in the United States from 1960 to 2018, as of December each year. The personal savings rate amounted to 8.8 percent in 2018 in the United States.

Saving – additional information

The saving rate is defined as the ratio of money saved by individuals or families to their disposable income (income after taxes). The value of money put aside depends on a number of factors such as employment conditions, inflation, interest rates and the general state of the economy.

In 2007, the personal saving rate in the United States amounted to 3.6 percent and increased to 6.4 percent in 2008, following the outbreak of the global financial crisis. The value of personal savings in the United States increased from 359 billion U.S. dollars in 2007, before the crisis, to 665 billion U.S. dollars in 2008. In 2018, it amounted to 1.25 trillion U.S. dollars.

There are various reasons behind saving. In the short term, money is usually put aside for current expenses or purchases. In the long term, the main reason behind saving might be buying a house, saving for college or saving for retirement. In 2016, 55 percent of U.S. families stated that they were saving money.

Some households decide to invest saved money in various financial instruments such as mutual funds, savings bonds or equities. In 2013, 81 percent of American households invested in mutual funds through inside employer-sponsored retirement plans.
Welcome to Statista!

We are the global leading platform for business data from 600 industries and 50 countries.

Our 700 employees believe that facts cause big changes and promote brilliant ideas. We want to offer you the best basis for fast and effective decisions: Learn more.
Personal saving rate in the United States from 1960 to 2018
Personal savings rate
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
Related Studies: Available to Download in PDF or PPTX Format
Personal savings in the United States
Personal savings in the United States

All Information
in one Presentation

Personal savings in the United States

Everything On "Personal savings in the United States" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "Personal savings in the United States"
  • Overview
  • Savings practices
  • Reasons for saving
  • Family savings
  • Savings deposits
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.

Statista Accounts: Access All Statistics. Starting from $588 / Year
Learn more about how Statista can support your business.