I&#x27;m curious about that - isn&#x27;t it also culture-driven (spending habits) or maybe linked to education costs?<p>For instance in France, where &quot;CD&quot; equivalent (DAT) rates are fairly low as well currently, the saving rate (ratio between what is added to savings monthly, and monthly revenue) is 15.1% in 2014 (source: INSEE [1]).<p>Also, still in France, people will save &#x2F;even&#x2F; if the interest rate is low.<p>[1] <a href="http:&#x2F;&#x2F;www.insee.fr&#x2F;fr&#x2F;themes&#x2F;tableau.asp?reg_id=0&amp;ref_id=nattef08148" rel="nofollow">http:&#x2F;&#x2F;www.insee.fr&#x2F;fr&#x2F;themes&#x2F;tableau.asp?reg_id=0&amp;ref_id=na...</a>