24Peaks / North America / United States / Savings Rate and Household Debt Levels

United States - Savings Rate and Household Debt Levels 16.77

World Bank WDI · updated 2026-10-15 · 180 economies tracked

Latest value

16.77 (2024)

Global rank

#n/a of 180 economies

vs global median

0.7×

Growth since 1970

0.78×

Ranking Race — Savings Rate and Household Debt Levels

1 = global #1 · lower value ranks higher

#1#22#43#64#85#106#12719601970198019902000201020202025#5#382023 overtook Chile2024 overtook Egypt
United StatesSAO Tome and PrincipeSudanSeychellesMalawi

Real annual global ranks, 1960 - 2025. United States climbed from #5 to #38 (overtook Chile). Gaps in a lane = missing data that year.

Key events for United States ↓

Key Events — United States

Auto-detected from rank data + curated milestones

1971
Nixon shock: end of gold convertibility curated

US suspends dollar-gold convertibility, Bretton Woods system ends.

1987
Black Monday stock crash curated

Dow falls 22.6% in a single day, triggering global market turbulence.

2008
Global financial crisis curated

Lehman Brothers collapse sets off the worst recession since the 1930s.

2012
Fell 17 places in global rank auto
2020
COVID-19 recession curated

Sharpest quarterly GDP contraction on record as the pandemic hits.

2021
Climbed 15 places in global rank auto
2023
Overtook Chile in global rank auto
2024
Overtook Egypt in global rank auto

Savings Rate and Household Debt Levels, 1970-2024

World Bank WDI · % · linear scale · ranking in the race above
1970198520002015202413.9317.1820.4323.68
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