In both December 2019 and May 2020, around 35 percent of European households had savings equivalent to less than four months of their take-home pay. On the other hand, only 17 percent percent of the respondents reported savings for more than 12 months of their net income as of May 2020.
Distribution of households by value of savings with respect of monthly take-home pay in Europe in December 2019 and May 2020
Household savings value
Dec 2019
May 2020
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ING. (July 1, 2020). Distribution of households by value of savings with respect of monthly take-home pay in Europe in December 2019 and May 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1221472/households-financial-caution-europe/
ING. "Distribution of households by value of savings with respect of monthly take-home pay in Europe in December 2019 and May 2020." Chart. July 1, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1221472/households-financial-caution-europe/
ING. (2020). Distribution of households by value of savings with respect of monthly take-home pay in Europe in December 2019 and May 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1221472/households-financial-caution-europe/
ING. "Distribution of Households by Value of Savings with Respect of Monthly Take-home Pay in Europe in December 2019 and May 2020." Statista, Statista Inc., 1 Jul 2020, https://www.statista.com/statistics/1221472/households-financial-caution-europe/
ING, Distribution of households by value of savings with respect of monthly take-home pay in Europe in December 2019 and May 2020 Statista, https://www.statista.com/statistics/1221472/households-financial-caution-europe/ (last visited July 22, 2024)
Distribution of households by value of savings with respect of monthly take-home pay in Europe in December 2019 and May 2020 [Graph], ING, July 1, 2020. [Online]. Available: https://www.statista.com/statistics/1221472/households-financial-caution-europe/