Number of savings accounts in the UK 2017, by age group

This statistic illustrates the estimated number of savings accounts in the United Kingdom (UK) as of October 2017, by age group. In a survey conducted by the Financial Conduct Authority (FCA) in October 2017 it was calculated that approximately 36.5 million adults within the UK held a savings account. Of this total the highest number of accounts of any age range were held by 45 to 54 year olds with approximately 6.94 million. Over 65 year olds held an estimated 8.76 million current accounts, making up 24 percent of the entire savings account market.

Number of savings bank account holders in the United Kingdom (UK) as of October 2017, by age group

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Sources

Release date

June 2018

Region

United Kingdom

Survey time period

October 2017

Number of respondents

12,865 respondents

Age group

18 years and older

Special properties

Face to face and online interviews

Method of interview

Face-to-face interview

Supplementary notes

Total number of UK adults with a current account equals 36.5 million.
Figures have been rounded.
Figures have been calculated from the FCAs findings from their financial lives survey.

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Statistics on "Savings in the United Kingdom (UK)"

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