Household Saving Rate in China decreased to 36.10 percent in 2016 from 37.10 percent in 2015.

Personal Savings in China averaged 33.59 percent from 1992 until 2016, reaching an all time high of 39 percent in 2010 and a record low of 27.20 percent in 2002. This page provides - China Deposits Interest Rates - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Net Household Saving Rate - values, historical data and charts - was last updated on July of 2020. source: OECD

Personal Savings in China is expected to reach 34.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Net Household Saving Rate is projected to trend around 34.00 percent in 2021, according to our econometric models.

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China Net Household Saving Rate

Actual Previous Highest Lowest Dates Unit Frequency
36.10 37.10 39.00 27.20 1992 - 2016 percent Yearly

China Consumer Last Previous Highest Lowest Unit
Consumer Confidence 115.80 116.40 126.60 97.00 points [+]
Retail Sales MoM 0.79 0.77 1.57 -10.13 percent [+]
Retail Sales YoY -2.80 -7.50 37.40 -20.50 percent [+]
Consumer Spending 385895.60 348209.60 385895.60 453.00 CNY HML [+]
Disposable Personal Income 42359.00 39250.84 42359.00 343.40 CNY [+]
Personal Savings 36.10 37.10 39.00 27.20 percent [+]
Bank Lending Rate 2.95 2.95 3.30 2.95 percent [+]
Consumer Credit 450447.75 445270.35 450447.75 59105.90 CNY HML [+]
Gasoline Prices 0.56 0.53 1.37 0.27 USD/Liter [+]
Households Debt To GDP 55.20 54.40 55.20 10.80 percent of GDP [+]
Households Debt To Income 99.90 93.40 99.90 93.40 Percent [+]
Consumer Confidence Current Conditions 108.50 107.90 123.50 90.00 [+]
Consumer Confidence Economic Expectations 116.40 114.70 128.40 96.40 [+]


China Net Household Saving Rate
In China, net household saving is defined as the subtraction of household consumption expenditure from household disposable income, plus the change in net equity of households in pension funds. Household saving is the main domestic source of funds to finance capital investment, a major impetus for long-term economic growth. This indicator is measured as a percentage of household disposable income.