The gross personal savings in the U.S. amounted to over 5.5 trillion U.S. dollars in 2023. These figures have increased steadily since 2015, reaching a peak in 2020, when the volume of savings increased a lot due to the start of the COVID-19 pandemic. After that, savings have decreased, particularly in 2022.
Value of gross private savings in the United States from 1960 to 2023
(in billion U.S. dollars)
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St. Louis Fed. (May 30, 2024). Value of gross private savings in the United States from 1960 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/246241/gross-private-savings-in-the-united-states/
St. Louis Fed. "Value of gross private savings in the United States from 1960 to 2023 (in billion U.S. dollars)." Chart. May 30, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/246241/gross-private-savings-in-the-united-states/
St. Louis Fed. (2024). Value of gross private savings in the United States from 1960 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/246241/gross-private-savings-in-the-united-states/
St. Louis Fed. "Value of Gross Private Savings in The United States from 1960 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/246241/gross-private-savings-in-the-united-states/
St. Louis Fed, Value of gross private savings in the United States from 1960 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/246241/gross-private-savings-in-the-united-states/ (last visited November 18, 2024)
Value of gross private savings in the United States from 1960 to 2023 (in billion U.S. dollars) [Graph], St. Louis Fed, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/246241/gross-private-savings-in-the-united-states/