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You are here: Home / World / Who Are the World’s Thriftiest People?

Who Are the World’s Thriftiest People?

May 14, 2020 by Karen Hill

For many years, people from the world over have placed their money in banks in Switzerland.

Switzerland is one of the most stable and secure nations on earth, having remained out of European wars for centuries. And Swiss law guarantees total secrecy regarding Swiss bank accounts.

The Swiss people make good use of their banks, Switzerland has the highest savings rate of any country on earth. In the United States, the average person has about $3,780 in savings accounts.

But in Switzerland, the thriftiest country in the world, ‘the average person has more than $8,400 in savings!

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Filed Under: World

About Karen Hill

Karen Hill is a freelance writer, editor, and columnist. Born in New York, her work has appeared in the Examiner, Yahoo News, Buzzfeed, among others.

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