A study carried out by the neobank N26 among its clients revealed that the Spanish are the Europeans with the highest savings rate among the population of this continentaccording to an access to this data that Cointelegraph Español had.
The study was made public today, Monday, October 31, 2022, coinciding with the ‘World Savings Day’noting that of a sample of just over 380,000 customers in Europe between the months of January and August 2022, the Spanish are ahead with the highest savings rate at 6.6%.
N26 points out in his study that Spain is the country that experienced the largest increase in the average amount saved (80.19%), despite the rise in inflation.
After the Spanish, the study reveals that the Germans, with a savings rate of 5.1%, are in second place, while the last places are occupied by the Italians (1.49%) and the French (0.1%).
The study indicates that the average Spanish user increased the percentage of savings over their average income with a total growth of 80.2% of the average amount saved in euros, the highest of all the countries in the comparative set.
Likewise, N26 revealed that the months with the greatest savings in global terms are, in order of importance, March and February; while the worst months are May and August.
March was also the best month for Spanish users in terms of savings, with an average of up to 11.1% increase in their income.
Finally, the report indicates that women systematically save a higher percentage of their income (5.9% monthly average) than N26’s analysis of the categories of the most recurrent expenses revealed that, contrary to what one might think, Spaniards are the Europeans who have least increased their spending in bars and restaurants, with an average increase of 9.3% over their male income (3.7%), despite having lower income than the male sex.
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