In the United Kingdom (UK), the share of people who acquired a savings account or changed providers in the past year was higher in 2022 than in 2018. The highest amount of acquisitions and changes of savings accounts was in 2020, with 22 percent of respondents.
Share of people who acquired or changed providers for a short and long-term savings account in the past 12 months in the United Kingdom (UK) from 2018 to 2022
Characteristic
Share of respondents
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The question was phrased by the source as follows: "Which of these financial products have you acquired in the past 12 months and/or where did you change providers?"
The 2018 survey had 10,129 respondents.
The 2019 survey conducted between January 28 and September 3, 2019, and it had 12,553 respondents.
The 2020 survey conducted between February 7 and July 31, 2020, and it had 12,570 respondents.
The 2021 survey conducted between January 6 and December 15, 2021, and it had 12,298 respondents.
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Statista Consumer Insights. (February 14, 2023). Share of people who acquired or changed providers for a short and long-term savings account in the past 12 months in the United Kingdom (UK) from 2018 to 2022 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1370916/united-kingdom-changes-in-savings-account-acquisitions/
Statista Consumer Insights. "Share of people who acquired or changed providers for a short and long-term savings account in the past 12 months in the United Kingdom (UK) from 2018 to 2022." Chart. February 14, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1370916/united-kingdom-changes-in-savings-account-acquisitions/
Statista Consumer Insights. (2023). Share of people who acquired or changed providers for a short and long-term savings account in the past 12 months in the United Kingdom (UK) from 2018 to 2022. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1370916/united-kingdom-changes-in-savings-account-acquisitions/
Statista Consumer Insights. "Share of People Who Acquired or Changed Providers for a Short and Long-term Savings Account in The past 12 Months in The United Kingdom (Uk) from 2018 to 2022." Statista, Statista Inc., 14 Feb 2023, https://www.statista.com/statistics/1370916/united-kingdom-changes-in-savings-account-acquisitions/
Statista Consumer Insights, Share of people who acquired or changed providers for a short and long-term savings account in the past 12 months in the United Kingdom (UK) from 2018 to 2022 Statista, https://www.statista.com/statistics/1370916/united-kingdom-changes-in-savings-account-acquisitions/ (last visited August 25, 2024)
Share of people who acquired or changed providers for a short and long-term savings account in the past 12 months in the United Kingdom (UK) from 2018 to 2022 [Graph], Statista Consumer Insights, February 14, 2023. [Online]. Available: https://www.statista.com/statistics/1370916/united-kingdom-changes-in-savings-account-acquisitions/
