Household Saving Rate in European Union decreased to 10 percent in the second quarter of 2018 from 10.01 percent in the first quarter of 2018. Personal Savings in European Union averaged 11.39 percent from 1999 until 2018, reaching an all time high of 13.11 percent in the second quarter of 2009 and a record low of 9.58 percent in the first quarter of 2017.
Personal Savings in European Union is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in European Union to stand at 8.80 in 12 months time. In the long-term, the European Union Gross Household Saving Rate is projected to trend around 8.50 percent in 2020, according to our econometric models.