Savings play a very crucial role in the economic development of a country by financing investment needs. Household savings are the major and dominant component of national savings in Pakistan. The present study aims to analyse the impact of various socio-economic factors in determining the household savings in Pakistan by using the data of Household Integrated Income and Consumption Survey (HIICS) 2015–2016. It has been found that household’s savings tend to increase with income, living in nucleus family, house ownership, receiving remittances from abroad and being involved in agriculture; and saving tends to decrease with an increase in dependency ratio; and wealth has an insignificant role in determining savings in both urban and rural households. However, education and female labour force participation had a positive relationship with saving among urban households but the relationship is insignificant in rural households. Similarly, age of household head hurts saving in urban households and the relationship is insignificant in rural households.
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