Country rankings

Personal Savings Rate by Country

South Korea has the highest Avg Income Saved in Most Recent Year (34.4%), followed by Morocco (29.3%) and Sweden (25.5%). South Africa has the lowest (-1.2%).

33 of 235 countries

Avg Income Saved in Most Recent Year

Darker green is better (higher is better). Click a place to highlight it.

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All 33 ranked

Best first.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
12.2%
Middle half 5.57% – 19.0%
Average
13.1%
33 countries
Highest
34.4%
South Korea
Lowest
-1.2%
South Africa

Data

Click a column to sort, a row to highlight that place on the charts.

33 countries · # = rank by Avg Income Saved in Most Recent Year
#
1South Korea34.4%35.6%Sep/25
2Morocco29.3%26.8%Jun/25
3Sweden25.5%19.0%Jun/25
4Netherlands25.2%14.7%Jun/25
5Sri Lanka24.3%22.4%Dec/24
6Austria23.1%17.2%Jun/25
7Slovenia22.5%10.8%Mar/24
8Spain20.4%5.1%Jun/25
9Mexico19.0%20.1%Dec/24
10Hungary18.6%20.2%Dec/24
11France18.4%18.7%Sep/25
12Switzerland18.1%17.7%Dec/24
13Denmark15.7%24.2%Jun/25
14Belgium12.9%11.4%Jun/25
15Portugal12.5%12.5%Sep/25
15Ireland12.5%13.4%Jun/25
17Luxembourg12.2%13.0%Dec/24
18Germany10.7%10.2%Sep/25
19United Kingdom9.5%10.2%Sep/25
19Italy9.5%9.2%Jun/25
21Norway9.4%7.2%Jun/25
22Lithuania7.63%5.66%Dec/24
23Estonia7.3%3.55%Dec/24
24Australia6.4%6%Sep/25
25Cyprus5.57%5.7%Dec/24
26Latvia4.94%1.75%Dec/24
27United States4.7%4.7%Sep/25
27Canada4.7%4.6%Sep/25
29Finland4.2%5.6%Sep/25
30Japan4.1%-3.2%Jun/25
31Thailand1.4%2.2%Dec/23
32Hong Kong0.01%0.11%Nov/25
33South Africa-1.2%-1.1%Sep/25

What correlates with Avg Income Saved in Most Recent Year?

Pearson r against 2,075 other country metrics sharing at least 20 countries. Correlation is not causation.

Higher together

Places that have a higher Avg Income Saved in Most Recent Year tend to score higher on these

  1. Onion Consumption per CapitaVegetable Consumption by Country
    r = +0.60 · strong · n = 32
    Plot
  2. Minimum Wage (in Local Currency)Minimum Wage by Country
    r = +0.58 · strong · n = 25
    Plot
  3. Previous Value (in Local Currency)Minimum Wage by Country
    r = +0.57 · strong · n = 25
    Plot
  4. Age of MenarcheAge of Menarche by Country
    r = +0.57 · strong · n = 24
    Plot
  5. Male UsersInstagram Users by Country
    r = +0.49 · moderate · n = 33
    Plot
  6. Home Births (% of Total Births)Home Birth Rates by Country
    r = +0.48 · moderate · n = 21
    Plot

Opposite directions

Places that have a higher Avg Income Saved in Most Recent Year tend to score lower on these

  1. Independence YearOldest Country in Europe
    r = −0.57 · strong · n = 22
    Plot
  2. Gender Development Index (GDI) ValueGender Development Index by Country
    r = −0.52 · strong · n = 33
    Plot
  3. Female UsersInstagram Users by Country
    r = −0.49 · moderate · n = 33
    Plot
  4. Domain-SpecificNationalPride - IJPOR06Most Patriotic Countries
    r = −0.48 · moderate · n = 21
    Plot
  5. Chicken Consumption Per CapitaChicken Consumption by Country
    r = −0.47 · moderate · n = 33
    Plot
  6. Natural SitesWorld Heritage Sites by Country
    r = −0.46 · moderate · n = 24
    Plot

Quick answers

Which country has the highest Avg Income Saved in Most Recent Year?
South Korea has the highest Avg Income Saved in Most Recent Year, at 34.4%, followed by Morocco (29.3%) and Sweden (25.5%).
Which country has the lowest Avg Income Saved in Most Recent Year?
South Africa has the lowest Avg Income Saved in Most Recent Year, at -1.2%.
What is the median Avg Income Saved in Most Recent Year across countries?
The median is 12.2% across the 33 countries with data.
Where does this personal savings rate by country data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Personal Savings Countries List - Trading Economics.

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