America’s household savings compared to other countries
By David on Dec 30, 2007 in Featured, World
How does America’s household (personal) savings rates compare to other countries of the world? According to the Organisation for Economic and Co-Operation and Development(OECD), the study’s results are shown below for many of the industrialized countries of the world:
For the year 2006:
France 12.1%
Germany 10.5%
Belgium 10.3%
Spain 10.3%
Austria 9.7%
Switzerland 9.3%
Italy 8.7%
Portugal 8.4%
Sweden 8.3%
Poland 6.8%
Netherlands 6.4%
United Kingdom 5.0%
Korea 3.9%
Japan 3.7%
Canada 2.3%
Norway 1.3%
United States 0.4%
Czech Republic 0.0%
Denmark -0.2%
Australia -0.5%
Finland -2.5%
*Above are based on the percentage of disposable household income that is saved.


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