COVID-19 impact on savings in Great Britain 2020, by gender

Published by
Fernando de Querol Cumbrera,
Feb 8, 2023
The coronavirus (COVID-19) impacted people's financial situation worldwide. The results of a survey conducted in Great Britain revealed that, due the COVID-19 pandemic and the measures taken by the government to the tackle the outbreak, approximately one in three adults saw their savings decrease, even though to different extents. On the other hand, 17 percent of respondents revealed that their savings increased during the pandemic. According to the results of the survey, the pandemic appears to have impacted savings and men and women basically in the same way, as major differences between the two genders did not emerge.

Impact of the coronavirus (COVID-19) pandemic on savings in Great Britain in 2020, by gender

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Release date

May 2020

Region

United Kingdom (Great Britain)

Survey time period

May 19 to 20, 2020

Number of respondents

2,072 respondents

Age group

18 years and older

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Statistics on " Savings during COVID-19 in selected advanced economies worldwide "

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5

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6

Canada

5

European Union

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United Kingdom

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Topics

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