Worldwide, China, France, Germany, Italy, Japan, Spain, United Kingdom, United States
Survey time period
2020
Supplementary notes
Figures were calculated based on the exchange rate on March 22, 2021:
Chinese Yuan to U.S. Dollar 1=0.15
Japanese Yen to U.S. Dollar 1=0.01
Euro to U.S. Dollar 1=1.19
British Pound to U.S. Dollar 1=1.39
Citation formats
Excess savings due to COVID-19 in selected countries 2020
During the initial outbreak of the coronavirus (COVID-19) and throughout 2020, many people around the world accumulated a considerable amount of savings. Recent estimates calculated the so-called excess savings to be as high as *** trillion U.S. dollars at the end of 2020. European countries also registered an increase in savings, even though to a much smaller degree. For instance, excess savings in Germany were estimated at *** billion U.S. dollars.
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Bloomberg. (March 3, 2021). Excess savings due to the coronavirus (COVID-19) pandemic in selected countries worldwide in 2020 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 25, 2026, from /statistics/1222189/excess-savings-due-to-covid-19/
Bloomberg. "Excess savings due to the coronavirus (COVID-19) pandemic in selected countries worldwide in 2020 (in billion U.S. dollars)." Chart. March 3, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 25, 2026. /statistics/1222189/excess-savings-due-to-covid-19/
Bloomberg. (2021). Excess savings due to the coronavirus (COVID-19) pandemic in selected countries worldwide in 2020 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 25, 2026. /statistics/1222189/excess-savings-due-to-covid-19/
Bloomberg. "Excess Savings Due to The Coronavirus (Covid-19) Pandemic in Selected Countries Worldwide in 2020 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 3 Mar 2021, /statistics/1222189/excess-savings-due-to-covid-19/
Bloomberg, Excess savings due to the coronavirus (COVID-19) pandemic in selected countries worldwide in 2020 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1222189/excess-savings-due-to-covid-19/ (last visited July 25, 2026)
Excess savings due to the coronavirus (COVID-19) pandemic in selected countries worldwide in 2020 (in billion U.S. dollars) [Graph], Bloomberg, March 3, 2021. [Online]. Available: /statistics/1222189/excess-savings-due-to-covid-19/
