This statistic illustrates the estimated number of savings accounts in the United Kingdom (UK) as of October 2017, by age group. In a survey conducted by the Financial Conduct Authority (FCA) in October 2017 it was calculated that approximately 36.5 million adults within the UK held a savings account. Of this total the highest number of accounts of any age range were held by 45 to 54 year olds with approximately 6.94 million. Over 65 year olds held an estimated 8.76 million current accounts, making up 24 percent of the entire savings account market.
Number of savings bank account holders in the United Kingdom (UK) as of October 2017, by age group
(in millions)
Total number of UK adults with a current account equals 36.5 million. Figures have been rounded. Figures have been calculated from the FCAs findings from their financial lives survey.
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Statista estimates. (June 20, 2018). Number of savings bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/936136/number-of-savings-bank-accounts-in-the-united-kingdom-by-age/
Statista estimates. "Number of savings bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions)." Chart. June 20, 2018. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/936136/number-of-savings-bank-accounts-in-the-united-kingdom-by-age/
Statista estimates. (2018). Number of savings bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/936136/number-of-savings-bank-accounts-in-the-united-kingdom-by-age/
Statista estimates. "Number of Savings Bank Account Holders in The United Kingdom (Uk) as of October 2017, by Age Group (in Millions)." Statista, Statista Inc., 20 Jun 2018, https://www.statista.com/statistics/936136/number-of-savings-bank-accounts-in-the-united-kingdom-by-age/
Statista estimates, Number of savings bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions) Statista, https://www.statista.com/statistics/936136/number-of-savings-bank-accounts-in-the-united-kingdom-by-age/ (last visited December 22, 2024)
Number of savings bank account holders in the United Kingdom (UK) as of October 2017, by age group (in millions) [Graph], Statista estimates, June 20, 2018. [Online]. Available: https://www.statista.com/statistics/936136/number-of-savings-bank-accounts-in-the-united-kingdom-by-age/
