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Ownership of savings accounts in the UK 2018-2023

Published by
Fernando de Querol Cumbrera,
Mar 5, 2024
In the United Kingdom (UK), the share of respondents who own a short or long-term savings account was higher in 2023 than in the previous year. The highest amount of ownership was recorded in 2020, with 68 percent of respondents having a savings account.

Share of people who own short or long-term savings accounts in the United Kingdom (UK) from 2018 to 2023

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Source

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Release date

February 2024

Region

United Kingdom

Survey time period

2018 to 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?"

  • The 2018 survey had 10,129 respondents.
  • The 2019 survey conducted between January 28 and September 3, 2019, and it had 12,553 respondents.
  • The 2020 survey conducted between February 7 and July 31, 2020, and it had 12,570 respondents.
  • The 2021 survey conducted between January 6 and December 15, 2021, and it had 12,298 respondents.
  • The 2022 survey conducted between 6 January and 14 December 2022, and it had 24,191 respondents.
  • The 2023 survey conducted between 5 January and 11 December 2023, and it had 24,187 respondents.

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