Belgium Household Saving Rate - Forecast

Personal Savings in Belgium is expected to be 12.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Belgium to stand at 12.59 in 12 months time. In the long-term, the Belgium Household Saving Rate is projected to trend around 13.25 percent in 2020, according to our econometric models.


Belgium Household Saving Rate
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Belgium Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence 4 2.51 0.93 -0.45 -3 -3
Retail Sales MoM 1.6 0.09 0.14 0.08 0.6 0.9
Retail Sales YoY 0.7 0.83 0.96 1.09 1.1 1.6
Consumer Spending 54018 54027 53998 53966 53933 53687
Disposable Personal Income 87198 87112 87003 86912 86822 85765
Personal Savings 12.1 12.3 12.39 12.47 12.59 13.25
Households Debt To Gdp 59.8 59.93 59.97 59.98 59.98 59.69
Households Debt To Income 103 103 104 104 105 105
Bank Lending Rate 1.64 1.65 1.68 1.7 1.73 1.9
Consumer Credit 8174186 8127462 8097691 8069833 8043285 7785249
Gasoline Prices 1.68 1.71 1.7 1.69 1.69 1.65
Consumer Confidence Current Conditions -4 -12.53 -15.05 -17.06 -18.67 -23.98
Consumer Confidence Economic Expectations 4 -3.21 -4.68 -5.76 -6.54 -8.49
Consumer Confidence Financial Expectations 1 0.23 0.15 0.07 0 -0.38
Consumer Confidence Major Purchases Expectations -9 -13.11 -13.54 -13.89 -14.2 -15.75
Consumer Confidence Price Trends 19 20.05 20.11 20.16 20.2 20.35
Consumer Confidence Savings Expectations 5 2.42 2.3 2.2 2.1 1.35
Consumer Confidence Unemployment Expectations 3 13.21 15.93 18.12 19.89 25.95