French Savings Accounts Hit Record €16.8 Billion in Interest for 2024

The Livret A and LDDS savings accounts saw unprecedented interest payouts as total deposits reached €603.1 billion, driven by high interest rates and economic uncertainty.

Interest payouts for Livret A and LDDS accounts reached a record €16.8 billion in 2024, fueled by a 3% interest rate and increased deposits.
Total savings in these accounts rose to €603.1 billion by the end of 2024, marking a 6.8% increase from 2023.
December saw the strongest monthly deposit growth since 2009, capping a year of €21.42 billion in net deposits despite a slower autumn.
Economic uncertainty and a decline in inflation encouraged 'precautionary saving,' with Livret A offering a positive real return for the first time in years.
A planned interest rate reduction to 2.4% in February 2025 may challenge the accounts' appeal, as some savers consider shifting funds to life insurance products.