Published by Jul 31, 2023
The average gross savings of households in Germany amounted to 5,924 euros per capita in 2022. Since 2015, the value of those savings in Germany increased steadily, peaking in 2020 at 6,420 euros per capita. The increase from 2019 to 2020 was particularly strong, and it may have been likely caused by the coronavirus (COVID-19) outbreak and the resulting measures to contain its spread. In 2021, household savings remained relatively high, this may have been caused due to an ongoing COVID-19 pandemic and a loss consumer trust.
Household gross savings per capita in Germany from 2015 to 2022 (in euros per capita)
| Characteristic | Gross savings per capita in euros |
|---|---|
| 2022 | 5,924 |
| 2021 | 6,416 |
| 2020 | 6,420 |
| 2019 | 5,015 |
| 2018 | 4,868 |
| 2017 | 4,602 |
| 2016 | 4,350 |
| 2015 | 4,211 |
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