As of the end of December 2024, deposits in savings accounts surpassed withdrawals by €21.42 billion, resulting in a total balance of €603.1 billion, marking an increase of €38.2 billion from the previous year.

Regulated savings accounts have maintained popularity since the COVID-19 pandemic, although growth normalized in 2024 compared to the over 10% increase seen in 2023.

The Livret d’épargne populaire (LEP), aimed at low-income savers, saw a modest increase to €82.2 billion in 2024, a significant drop from the 50% growth experienced in 2023.

The trend of increased savings since the COVID-19 lockdown in 2020 is attributed to reduced consumption and ongoing economic uncertainty.

Despite a projected decline in interest rates, analysts believe savings accounts will remain appealing as rates are expected to stay above inflation levels, although some savers might consider life insurance options.

Olivier Sichel, interim CEO of CDC, highlighted the Livret A's appeal due to its tax exemption, capital guarantee, high interest rate above inflation, and liquidity, benefiting millions of French citizens.

The stable 3% interest rate throughout 2024, coupled with declining inflation, allowed the Livret A to provide a positive real yield, encouraging savings.

By the end of 2024, there were 11.8 million LEP holders, which is notably below the 19 million households eligible, prompting the Banque de France to target an additional one million accounts in 2025.

Experts like Philippe Crevel suggest that ongoing political and economic uncertainties may sustain high household contributions to the Livret A and LDDS.

In 2024, France recorded a historic €16.80 billion in interest payments on the Livret A and Livret de développement durable et solidaire (LDDS), as reported by the Caisse des Dépôts.

December 2024 saw the highest collections for the Livret A in that month since its introduction in 2009, driven by a competitive interest rate of 3%.

On February 1, 2025, the interest rates for both the Livret A and LDDS will decrease from 3% to 2.4%, which could affect their attractiveness moving forward.