Overall, adults in the United Kingdom (UK) with a lower income were less likely to own a short-term or long-term savings account in 2023. Roughly 73 percent of adults of up to 64 years of age with an income between 57,600 and 76,800 British pounds had a savings account. In contrast, only 44 percent of respondents with an income of less than 15,600 British pounds owned a savings account.
Share of people who own short or long-term savings accounts in the United Kingdom (UK) in 2023, by household income
Annual household income in British pounds
Share of respondents
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Statista Consumer Insights. (February 16, 2024). Share of people who own short or long-term savings accounts in the United Kingdom (UK) in 2023, by household income [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1454730/united-kingdom-savings-account-ownership-by-income/
Statista Consumer Insights. "Share of people who own short or long-term savings accounts in the United Kingdom (UK) in 2023, by household income." Chart. February 16, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1454730/united-kingdom-savings-account-ownership-by-income/
Statista Consumer Insights. (2024). Share of people who own short or long-term savings accounts in the United Kingdom (UK) in 2023, by household income. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1454730/united-kingdom-savings-account-ownership-by-income/
Statista Consumer Insights. "Share of People Who Own Short or Long-term Savings Accounts in The United Kingdom (Uk) in 2023, by Household Income." Statista, Statista Inc., 16 Feb 2024, https://www.statista.com/statistics/1454730/united-kingdom-savings-account-ownership-by-income/
Statista Consumer Insights, Share of people who own short or long-term savings accounts in the United Kingdom (UK) in 2023, by household income Statista, https://www.statista.com/statistics/1454730/united-kingdom-savings-account-ownership-by-income/ (last visited August 24, 2024)
Share of people who own short or long-term savings accounts in the United Kingdom (UK) in 2023, by household income [Graph], Statista Consumer Insights, February 16, 2024. [Online]. Available: https://www.statista.com/statistics/1454730/united-kingdom-savings-account-ownership-by-income/