Household Saving Rate in the United Kingdom increased to 7.80 percent in the second quarter of 2022 from 6.60 percent in the first quarter of 2022. source: Office for National Statistics

Personal Savings in the United Kingdom averaged 8.34 percent from 1955 until 2022, reaching an all time high of 22.80 percent in the second quarter of 2020 and a record low of -0.90 percent in the fourth quarter of 1958. This page provides - United Kingdom Households Saving Ratio - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Household Saving Ratio - values, historical data and charts - was last updated on December of 2022.

Personal Savings in the United Kingdom is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Household Saving Ratio is projected to trend around 6.00 percent in 2023 and 5.50 percent in 2024, according to our econometric models.

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United Kingdom Household Saving Ratio

Related Last Previous Unit Reference
Retail Sales MoM 0.60 -1.50 percent Oct 2022
Retail Sales YoY -6.10 -6.80 percent Oct 2022
Consumer Spending 347306.00 358328.00 GBP Million Sep 2022
Disposable Personal Income 357868.00 373440.00 GBP Million Jun 2022
Personal Savings 7.80 6.60 percent Jun 2022
Retail Sales Ex Fuel 0.30 -1.50 percent Oct 2022

United Kingdom Household Saving Ratio
In the United Kingdom, the saving ratio estimates the amount of money households have available to save as a percentage of their gross disposable income plus pension accumulations.
Actual Previous Highest Lowest Dates Unit Frequency
7.80 6.60 22.80 -0.90 1955 - 2022 percent Quarterly
Seasonally Adjusted