Households see savings grow 5% in 2021
The average total household savings of a household of 2 or more people in Japan reached 18,800,000 Yen in 2021, up 5.0% from 2020. This is the 3rd year in a row to see a year-on-year increase and the highest level since 2002. Households have seen savings increase in the pandemic due to fewer outings and expenditures.