American personal savings have steadily declined since 1992, with a peak of 10.9% in 1982. The chart shows the percentage of disposable income saved for each year.
The amount of American savings is usually variable, and the rate is often affected by unemployment, the state of the economy, and other factors. We have created the following chart using data provided by the Council of Economic Advisors, in their February 2003 report. As you can see from the chart below, personal saving peaked at 10.9% in 1982, but has been steadily declining since 1992. Note that the percentages listed represent the percentage of disposable income saved for a given year:
anno
savings %
2001
2.3
2000
2.8
1999
2.6
1998
4.7
1997
4.2
1996
4.8
1995
5.6
1994
6.1
1993
7.1
1992
8.7
1991
8.3
1990
7.8
1989
7.5
1988
7.8
1987
7.3
1986
8.2
1985
9.2
1984
10.6
1983
8.8
1982
10.9
1981
10.8
1980
10.2
1979
9.2
1978
9.0
1977
8.7
1976
9.4
1975
10.6
1974
10.7
1973
10.5
1972
8.9
1971
10.0
1970
9.4
1969
7.8
1968
8.4
1967
9.4
1966
8.3
1965
8.6
1964
8.8
1963
7.8
1962
8.3
1961
8.3
1960
7.2
1959
7.6
Protect your devices with Threat Protection by NordVPN
