Household Saving Rate In the Euro Area increased to 16.90 percent in the first quarter of 2020 from 13.10 percent in the fourth quarter of 2019.
Personal Savings in the Euro Area averaged 12.88 percent from 1999 until 2020, reaching an all time high of 16.90 percent in the first quarter of 2020 and a record low of 11.82 percent in the fourth quarter of 2012. This page provides the latest reported value for - Euro Area Personal Savings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Gross Household Saving Rate - values, historical data and charts - was last updated on July of 2020. source: Eurostat
Personal Savings in Euro Area is expected to be 13.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Euro Area to stand at 12.70 in 12 months time. In the long-term, the Euro Area Gross Household Saving Rate is projected to trend around 12.50 percent in 2021 and 12.00 percent in 2022, according to our econometric models.