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Gross household saving by income quintile

InequalityWealth inequality

[infogram id=”_/8FDoEfUGjmzzi2djKCGq” prefix=”3zy” format=”interactive” title=”Gross household saving by income quintile”]

Between 2020 and 2021, the rate of saving by the highest 20% of households ranked by income rose by half (from 8% to 12% of disposable income), along with that of the middle 20% (from 2% to 3%).

The average saving rate for the lowest 20% was less than 1% throughout this period.

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