Belgium Household Saving Rate - Forecast

Personal Savings in Belgium is expected to be 11.17 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 10.95 in 12 months time. In the long-term, the Belgium Household Saving Rate is projected to trend around 10.98 percent in 2020, according to our econometric models.


Forecast Data Chart
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Belgium Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence 0 -1 2 1 -2 -3
Retail Sales MoM -2.1 0.2 0.6 0.12 0.12 0.9
Retail Sales YoY 0.3 0.1 0.5 0.9 1.1 1.4
Consumer Spending 54405 54662 55333 55122 55167 57908
Disposable Personal Income 87874 87872 88469 87966 88474 88404
Personal Savings 10.9 11.17 10.83 11.12 10.95 10.98
Households Debt To Gdp 60.6 60.68 60.77 60.8 60.85 60.98
Households Debt To Income 103 104 105 105 105 103
Bank Lending Rate 1.59 1.59 1.59 1.59 1.59 2.34
Consumer Credit 8081521 8143461 8140465 8139069 8138774 8138660
Gasoline Prices 1.79 1.82 1.72 1.63 1.54 1.21
Consumer Confidence Current Conditions -4 -3.58 -3.54 -3.56 -3.54 -3.55
Consumer Confidence Economic Expectations 4 -4.24 -4.89 -5.36 -5.7 -6.55
Consumer Confidence Financial Expectations 1 0.46 0.46 0.46 0.46 0.46
Consumer Confidence Major Purchases Expectations -9 -12.28 -12.28 -12.28 -12.28 -12.28
Consumer Confidence Price Trends 19 20.03 20.03 20.03 20.03 20.03
Consumer Confidence Savings Expectations 5 2.57 2.57 2.57 2.57 2.57
Consumer Confidence Unemployment Expectations 3 3.24 3.24 3.24 3.24 3.24