The savings rate is the ratio between household savings and their disposable income. In other words, it is the unused part of their budget. Savings behavior depends directly on income level but also on a choice between consuming and saving.
The French are great savers; they set aside 14% of their income. It is one of the highest shares of European countries, the average of which is just over 10%.
When they invest their money, the French prefer reassuring savings that pay little for risky but more profitable savings. According to Banque de France statistics, they spend 65% of their investments in the form of bank deposits and insurance in euros. In 2019, 39% of households held life insurance.
The reasons for saving are many and different depending on the situation of households. At first, the increase in income mechanically leads to an increase in the amounts saved. Of
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