10 countries with the highest household savings

Source: AMFI-Crisil Factbook 2024 [{ "selector": ".fkgke-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "opacity": 0, "visibility" :"visible"}, {"offset": 1, "opacity": "1", "visibility" :"visible"} ] }, { "selector": ".aaxed-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0, "visibility" :"visible"}, {"offset": 1, "opacity": "1", "visibility" :"visible"} ] }]

Here is a list of countries with the highest household savings rate for the calendar year 2023.

10. United Kingdom

Domestic savings rate: 16.6%

9. United States

Domestic savings rate: 18.7%

8. Japan

Domestic savings rate: 24.6%

7. Thailand

Domestic savings rate: 25.7%

6. Germany

Domestic savings rate: 25.7%

5. Malaysia

Domestic savings rate: 27.6%

4. India

Domestic savings rate: 29.3%

3. Indonesia

Domestic savings rate: 38.1%

2. China

Domestic savings rate: 44.4%

1. Singapore

Domestic savings rate: 58.5%

Countries with the lowest income inequality

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