Netherlands: household savings to deposits redeemable at notice 2016-2020

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In December 2020, the value of saving added to deposits redeemable at notice in the Netherlands amounted to nearly 35 billion euros, the highest recorded throughout the period considered in the graph. In 2020, the value of savings added to deposits redeemable at notice in the country was highest then in previous years, confirming the theory that households tendency to save increases during periods of crisis.

Household savings to deposits redeemable at notice in the Netherlands from January 2016 to December 2020 (in million euros)

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Release date

January 2021

More information

Region

Netherlands

Survey time period

January 2016 to December 2020

Supplementary notes

The source states: "households comprises natural persons as well as associations and foundations not having a business purpose and self-employed persons with no staff". Also, deposits from foreign households at Dutch banks are excluded.

Deposits redeemable at notice are defined as: "deposits for which no fixed period is agreed and which may be withdrawn after a period of notice at no appreciable cost."

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