Denmark Gross Household Saving Rate - Forecast

Personal Savings in Denmark is expected to be 10.35 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Denmark to stand at 14.65 in 12 months time. In the long-term, the Denmark Gross Household Saving Rate is projected to trend around 10.68 percent in 2020, according to our econometric models.


Forecast Data Chart
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Denmark Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence 6.9 9.2 9.1 7.8 7.7 5.3
Retail Sales MoM -0.3 0.1 0.2 0.3 0.2 0.1
Retail Sales YoY 0.5 3.2 1.1 1.5 2.1 0.8
Consumer Spending 229300 225484 232081 233882 234574 243592
Disposable Personal Income 1055765 1079649 1085824 1093360 1100897 1206126
Personal Savings 17.38 10.35 8.61 16.82 14.65 10.68
Households Debt To Gdp 116 114 114 113 113 112
Households Debt To Income 241 228 224 224 224 211
Consumer Credit 19631 19785 19977 20104 20283 20737
Gasoline Prices 1.99 2.03 1.92 1.81 1.71 1.35
Consumer Confidence Current Conditions 16 17.12 17.12 17.12 17.12 17.12
Consumer Confidence Economic Expectations 13 12.4 12.4 12.4 12.4 12.4
Consumer Confidence Financial Expectations 15.7 13.99 13.99 13.99 13.99 13.99
Consumer Confidence Major Purchases Expectations -3 -3.24 -3.24 -3.24 -3.24 -3.24
Consumer Confidence Price Trends 17.4 18.03 18.03 18.03 18.03 18.03
Consumer Confidence Savings Expectations 29.4 29.88 29.88 29.88 29.88 29.88
Consumer Confidence Unemployment Expectations -10.4 -9.28 -9.28 -9.28 -9.28 -9.28