Post
Topic
Board Economics
Re: Average savings across the globe
by
Suslived
on 02/11/2019, 18:32:45 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


I highly doubt the statistics behind those numbers, is that a typo? Comparing those values thats like $2,900 vs $48,000. How can Japanese have more savings than the Americans when the average salary for the US market is much higher?

The Japanese are truly innovative people and probably why they are one of the first to adopt bitcoin and cryptocurrencies.