Belgium Household Saving Rate  Forecast


Personal Savings in Belgium is expected to be 10.96 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 11.01 in 12 months time. In the long-term, the Belgium Household Saving Rate is projected to trend around 11.01 percent in 2020, according to our econometric models.


Belgium Household Saving Rate
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Belgium Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence 3 1 -2 -1.15 -2.16 -3
Retail Sales MoM -0.7 -0.05 0.7 0.06 0.11 0.9
Retail Sales YoY -1 1.19 1.11 1.16 1.22 1.6
Consumer Spending 53765 53954 54140 54326 54512 56370
Disposable Personal Income 85156 85095 85085 85056 85055 85056
Personal Savings 10.9 10.96 11.02 11.05 11.01 11.01
Bank Lending Rate 1.68 1.68 1.69 1.69 1.69 1.69
Consumer Credit 8241535 8292806 8284329 8287734 8287369 8287481
Gasoline Prices 1.64 1.65 1.66 1.67 1.67 1.7
Households Debt To Gdp 59.2 59.66 59.74 59.8 59.86 60.21
Households Debt To Income 101 103 104 104 105 115
Consumer Confidence Current Conditions -4 -3.92 -3.75 -3.79 -3.76 -3.77
Consumer Confidence Economic Expectations 4 1.52 -1.2 -3.21 -4.68 -8.49
Consumer Confidence Financial Expectations 1 0.49 0.46 0.46 0.46 0.46
Consumer Confidence Major Purchases Expectations -9 -12.19 -12.1 -12.17 -12.19 -12.19
Consumer Confidence Price Trends 19 20.32 19.99 19.99 20 20
Consumer Confidence Savings Expectations 5 2.68 2.76 2.7 2.71 2.71
Consumer Confidence Unemployment Expectations 3 3.19 3.19 3.2 3.21 3.21