Saved any money in the past year (% age 15+)

This indicator reflects the proportion of individuals aged 15 and older who have successfully managed to set aside or save funds over the previous year. It serves as a vital gauge of financial health and stability within a population, shedding light on behaviors related to personal finance, economic resilience, and planning for future needs. A higher percentage may indicate greater financial literacy and stability, while lower figures could suggest challenges related to income levels, economic conditions, or spending habits. This metric not only illustrates savings tendencies but also signals potential variations in economic wellbeing, enabling deeper insights into consumer confidence and the overall financial culture in a region. Source: