Savings during coronavirus (COVID-19) outbreak - statistics & facts
Due to the coronavirus (COVID-19) pandemic, numerous workers worldwide either lost their jobs or saw their income decrease. Among the most vulnerable groups were those operating in the tourism and hospitality, transportation, and retail sectors. On the other hand, office workers could benefit from remote working. Overall, the pandemic led to a decrease in day-to-day spending for most people. As a consequence, saving rates increased around the world, particularly in advanced economies.
