Household Saving Rate in Germany increased to 21.10 percent in the second quarter of 2020 from 12.20 percent in the first quarter of 2020.
Personal Savings in Germany averaged 12.03 percent from 1960 until 2020, reaching an all time high of 21.10 percent in the second quarter of 2020 and a record low of 7.80 percent in the first quarter of 1960. This page provides the latest reported value for - Germany Personal Savings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Personal Savings Ratio - values, historical data and charts - was last updated on October of 2020. source: Deutsche Bundesbank
Personal Savings in Germany is expected to be 18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Germany to stand at 13.60 in 12 months time. In the long-term, the Germany Personal Savings Ratio is projected to trend around 12.00 percent in 2021 and 11.50 percent in 2022, according to our econometric models.