Forecasted quarterly household savings ratio in the UK 2015-2027

Published by
Fernando de Querol Cumbrera,
Mar 8, 2024

The savings rate of households in the United Kingdom (UK) was predicted to increase slowly between 2023 and 2026. In the second quarter of 2020, that figure peaked, as the savings of UK households amounted to 26.5 percent of their disposable income. The actual data for 2020 and 2021, shows two peaks due to the effects of the measures to contain the spread of the COVID-19 pandemic.

Quarterly savings of households as a share of their disposable income in the United Kingdom (UK) from 1st quarter 2015 to 3rd quarter 2022, with forecasts until 2027

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Release date

March 2023

Region

United Kingdom

Survey time period

1st quarter 2015 to 3rd quarter 2022

Special properties

Forecasts from Q4 2022 onwards

Supplementary notes

Savings rates are calculated as personal savings over personal disposable income.

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Statistics on " Personal savings in the United Kingdom (UK) "

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Overview

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Savings behaviour

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Savings product ownership

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Individual Savings Accounts (ISAs)

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Interest rates

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Further related statistics

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