Post
Topic
Board Economics
Re: Average savings across the globe
by
juperos
on 03/10/2019, 17:20:00 UTC
The average personal amount of savings are between $ 2,900 for the USA and ¥ 5,806,554 for Japan. The USA comes last in our ranking, but their neighbor Canada is one of the richest countries regarding personal savings.




https://www.expertmarket.com/focus/research/countries-that-save-the-most-money








Well, I think this is one of Canada's recession signals. A country that maintains large levels of savings every year will stagnate its economy by not having too many transactions taking place. I guess that Canada will be one of the countries with the first economic crisis if the great economic crisis comes.