It's fair to say that the USA is one of the world's largest economies, yet it's ranked below number 10. This is truly astonishing, considering that most people spend everything they earn just to live and keep up with the spending habits of the economy. And the European countries we see higher up on the list, while their populations do save, are completely asleep at the wheel. All their savings are at the mercy of the greatest risk imaginable (counterparty risk). It's mind-boggling.

flat24

China ain't part of the OECD!

> ### Definition
>
> Net household saving represents the portion of household income that is not spent on final consumption.
>
> It is calculated as household net disposable income plus the adjustment for the change in pension entitlements, minus household final consumption expenditure. The adjustment reflects (mandatory) savings through employment-related pension schemes. Households also include non-profit institutions serving households (NPISHs).  All OECD countries compile their data according to the 2008 System of National Accounts (SNA).
>
> The indicator is measured as a percentage of household and NPISH net disposable income, at current prices.
>
> https://www.oecd.org/en/data/indicators/household-savings.html

Savings as in money in a bank account?

Surprised not to see China in this list. They generally love keeping money "safe" in a bank account until they have enough to buy property.

The assumption that a higher savings rate is better is odd. 

Ideally, if uncertainty is low, we would enjoy the fruits of our labor and save relatively little. 

Although, other things equal, it’s better to live in a society where everyone else produces more than they consume.

Undisciplined

I’m surprised to see Japan so far down this list

cryotosensei

This chart ranks household savings rates across major economies using the latest 

 data. It reveals a wide gap between top savers and those struggling to set money aside. In countries like Sweden and Hungary, households save more than 10% of their income. In the U.S., that figure is just 4.9%.

charts_and_maps

econ

> This chart ranks household savings rates across major economies using the latest [OECD](https://www.oecd.org/en/data/indicators/household-savings.html) data. It reveals a wide gap between top savers and those struggling to set money aside. In countries like Sweden and Hungary, households save more than 10% of their income. In the U.S., that figure is just 4.9%.
>
>
> ![](https://m.stacker.news/137928)
>
>
>
> [**🔗 visualcapitalist.com**](https://www.visualcapitalist.com/household-savings-rates-by-country-ranked/)

DefinitionDefinition