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Ownership of savings accounts in the UK 2023, by household size

Published by
Fernando de Querol Cumbrera,
Mar 8, 2024

In 2023, adults living in a household of one or two people in the United Kingdom (UK) were more likely to own a savings account than larger households. 61 percent of adults in two-people households had a short or long-term savings account, while just 51 percent of adults in a with 5 people or more in their household had a savings account.

Share of people who own short or long-term savings accounts in the United Kingdom (UK) in 2023, by number of people in household

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Source

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Release date

February 2024

Region

United Kingdom

Survey time period

January 5 to December 11, 2023

Number of respondents

24,187 respondents

Age group

18-64 years

Special properties

Residential online population

Method of interview

Online survey

Supplementary notes

The question was phrased by the source as follows: "Which of these financial products and investments do you currently use/own?"

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Statistics on " Personal savings in the United Kingdom (UK) "

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