Household Saving Rate in Ireland increased to 11.40 percent in the first quarter of 2019 from 10.70 percent in the fourth quarter of 2018. Personal Savings in Ireland averaged 8.60 percent from 1999 until 2019, reaching an all time high of 15.40 percent in the third quarter of 2009 and a record low of -1.30 percent in the second quarter of 1999.

Personal Savings in Ireland is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Ireland to stand at 12.70 in 12 months time. In the long-term, the Ireland Gross Household Saving Ratio is projected to trend around 13.20 percent in 2020, according to our econometric models.

Ireland Gross Household Saving Ratio
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-04-11 10:00 AM Household Saving Ratio Q4 12.3% 11.8% 11.9%
2019-07-24 10:00 AM Household Saving Ratio Q1 11.4% 10.7% 12.4%


Ireland Consumer Last Previous Highest Lowest Unit
Consumer Confidence 77.20 85.50 130.90 39.60 Index Points [+]
Retail Sales MoM -4.30 0.70 8.70 -14.40 percent [+]
Retail Sales YoY -4.40 -0.40 14.40 -24.50 percent [+]
Consumer Spending 26919.00 26716.00 26919.00 10805.00 EUR Million [+]
Disposable Personal Income 251186.00 233013.00 251186.00 84209.00 EUR Million [+]
Personal Savings 11.40 10.70 15.40 -1.30 percent [+]
Private Sector Credit 165965.00 166133.00 375927.00 4386.00 EUR Million [+]
Bank Lending Rate 1.00 1.00 25.00 1.00 percent [+]
Consumer Credit 13705.00 13514.00 28989.00 10011.00 EUR Million [+]
Gasoline Prices 1.57 1.55 2.24 0.70 USD/Liter [+]
Households Debt To GDP 43.20 43.70 117.20 43.20 percent of GDP [+]
Households Debt To Income 133.22 147.13 212.22 110.79 percent [+]
Consumer Confidence Current Conditions 123.40 118.00 126.80 63.80 [+]
Consumer Confidence Economic Expectations 92.70 88.80 136.40 22.50 [+]


Ireland Gross Household Saving Ratio

In Ireland, the derived gross saving ratio expresses saving as a percentage of gross disposable income. Seasonally adjusted estimates of Household Saving are compiled using the indirect seasonal adjustment approach. Under this approach the two main aggregates, Household Disposable Income and Final Consumption Expenditure of Households, are independently adjusted. The derived saving is the difference between the two adjusted series of Household Disposable Income and Final Expenditure of Households. This method for estimating the seasonally adjusted value for a small net residual of two large aggregates, such as Household Saving, is considered to be a more appropriate estimation procedure, according to the CSO. This page provides - Ireland Gross Household Saving Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Gross Household Saving Ratio - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.40 10.70 15.40 -1.30 1999 - 2019 percent Quarterly
SA




Country Last Previous
Australia 2.30 Jun/19
Canada 1.70 Jun/19
China 36.10 Dec/16
Euro Area 12.60 Mar/19
France 14.94 Jun/19
Germany 10.80 Jun/19
Italy 8.40 Mar/19
Japan 34.00 Jul/19
Mexico 21.20 Dec/18
Netherlands 9.66 Mar/19
South Africa -0.10 Mar/19
South Korea 34.60 Jun/19
Spain -4.52 Mar/19
Switzerland 13.50 Dec/17
United Kingdom 4.40 Mar/19
United States 7.70 Jul/19


Related

Latest