Savings rates around the world vary significantly by country and economic conditions. Find out where people save the most, which countries have negative rates, and what this means for financial stability

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The world is rapidly becoming more expensive, and a financial airbag is becoming not a luxury, but a necessity. But while some countries are actively saving, others are spending more than they earn. A new study based on OECD data shows: the difference in the financial behavior of households between countries is enormous.

Where in the world do people save the most and where do they save the least, read this article.

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Europe is the savings champion

The absolute leader of the rating is Sweden - here households save an average of 16% of their net income. This is not only the highest figure among developed countries, but also the result of a long-term trend towards increasing savings.

Other European countries follow:

- Hungary - 14.3%

- Czech Republic - 13.7%

- France - 12.8%

- Austria - 11.7%

- Germany - 11.2%

The reasons for such discipline are not only in the level of income. Pension systems, demographic changes (aging of the population) and the general culture of financial prudence play a significant role.

Interestingly, even after the inflationary waves of recent years, Europeans have begun to save even more actively - partly due to the reduction of state pensions and the instability of energy prices.

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Average level: stable, but without a breakthrough

The “average zone” includes countries with rates from 8% to 10%. Among them:

- Netherlands – 9.5%

- Spain – 9.2%

- Ireland – 9.0%

- Denmark – 8.5%

It is worth noting Mexico (8.1%), which is ahead of some much richer countries. This trend proves once again: the level of income does not always directly determine the ability to save.

Read here which countries in the world offer the cheapest life for expats, where low prices are combined with comfort, nature and job opportunities.

Which developed economies save less than the average?

One of the most unexpected moments of the ranking is the position of the USA. Americans save only 4.9% of income – more than three times less than in Sweden.

The situation is similar in other developed countries:

- Canada – 5.0%

- United Kingdom – 4.7%

- South Korea – 4.8%

Among the reasons are high consumption, availability of credit and significant pressure on the cost of living. In such conditions, savings often become secondary.

The richest and poorest countries in Europe in 2026 according to Eurostat at the link.

Countries where people cannot save

The most worrying part of the ranking is the countries with zero or even negative savings.

For example:

- Latvia – 0%

- South Africa – -1.0%

- New Zealand – -1.3%

A negative indicator means that households spend more than they earn. They are forced to either use old savings or live in debt. This is not about financial strategy - it is a signal of economic difficulties and a lack of resources even for basic needs.

What does the savings ranking show the world in 2026?

Savings are a key indicator of economic resilience.

Countries with high savings rates are better able to weather economic crises, have stronger domestic fiscal buffers, and support long-term investment.

Conversely, low or negative savings rates can lead to: rising debt, falling consumer spending, and greater vulnerability to crises.

The main conclusion is clear: the world is divided not only by income, but also by the ability to save. While some countries build a financial cushion, others live paycheck to paycheck – or even beyond it.

In 2026, saving is no longer just a habit. For many, it is a privilege that is becoming increasingly less accessible.

In a world where financial stability is becoming increasingly important, proper spending planning is the key to confidence in the future. That is why health insurance is not just a formality, but an effective tool to protect your savings while abroad. In case of illness or accident, the policy covers the costs of treatment, emergency care and even medical evacuation. This is especially important for expats and digital nomads who are outside their home country for a long time. Instead of spending thousands of dollars on medical services, you get financial support and peace of mind.

Take care of your safety and savings - choose health insurance before your next trip.

Reminder! The World Happiness Report 2026 has identified the ten countries with the highest level of life satisfaction among 140 countries in the world. Read here about the leaders of the 2026 happiness rating and the factors that determine the well-being of their residents.

Photo - generated by Gemini