Denmark Gross Household Saving Rate - Forecast

Personal Savings in Denmark is expected to be 14.53 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 12.97 in 12 months time. In the long-term, the Denmark Gross Household Saving Rate is projected to trend around 8.26 percent in 2020, according to our econometric models.


Denmark Gross Household Saving Rate
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Denmark Consumer Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Confidence 7.1 7.75 7.41 5.1 7.54 4.4
Retail Sales MoM 0.4 0.24 0.11 0.16 0.14 0.15
Retail Sales YoY 1.8 1.66 1.04 0.5 1.19 0.6
Consumer Spending 227012 229413 226933 232914 231203 244467
Disposable Personal Income 1055765 1073475 1079649 1085824 1093360 1206126
Personal Savings 7.54 14.53 10.04 7.82 12.97 8.26
Households Debt To Gdp 117 117 117 117 117 117
Households Debt To Income 244 242 239 237 233 208
Consumer Credit 19034 19075 19085 19056 19019 18301
Gasoline Prices 1.96 1.88 1.77 1.67 1.57 1.1
Consumer Confidence Current Conditions 16 17.1 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 -9.27 -9.28 -9.28 -9.28 -9.28