The Global Total Household Savings Gross Rate varies significantly by country. Switzerland leads with a high savings rate of 24.2% of disposable income, followed by France at 22.85% and the Netherlands at 20.44%. Conversely, the United Kingdom and South Africa exhibit negative rates, indicating expenditure exceeding disposable income. Over the past year, Spain showed notable growth, with a 52.25% increase. Conversely, Hungary and Colombia saw declines. Over a five-year period, savings patterns reflect diverse economic conditions across these regions.
Future trends for household savings rates may include increased volatility due to inflationary pressures, changing interest rates, and global economic shifts, influencing savings behaviors differently across countries.
Top countries in Total Household Savings Gross Rate by Country
| # | 10 Countries | Percent of Household Disposable Income | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 24.2 | 2023 | +1.48% | +8.87% | View data |
| 2 | 2 France | 22.85 | 2023 | +10.67% | +21.4% | View data |
| 3 | 3 Netherlands | 20.44 | 2023 | +3.59% | +15.77% | View data |
| 4 | 4 Sweden | 18.45 | 2023 | +2.43% | View data | |
| 5 | 5 United States | 16.54 | 2023 | +3.01% | +15.97% | View data |
| 6 | 6 Australia | 15.14 | 2023 | -0.18% | View data | |
| 7 | 7 Norway | 14.98 | 2023 | -0.00039% | View data | |
| 8 | 8 Austria | 14.44 | 2023 | -0.024% | +13.42% | View data |
| 9 | 9 Spain | 11.42 | 2023 | +1.82% | +52.25% | View data |
| 10 | 10 Hungary | 10.52 | 2023 | -0.052% | -0.58% | View data |
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