savings rate investment & finance definition
The
amount of money that citizens of a country save divided by the citizens’ total
disposable income, stated in percentage terms. U.S. citizens have long been
criticized for their low savings rate, which amounts to just several percentage
points a year. Savings rate details are published in gross domestic product
statistics produced monthly by the U.S. government. Other countries, such as
Japan, have a much higher savings rate.
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