Household Saving Rate in Portugal increased to 14.20 percent in the first quarter of 2021 from 12.80 percent in the fourth quarter of 2020. source: Statistics Portugal

Personal Savings in Portugal averaged 9.52 percent from 1999 until 2021, reaching an all time high of 14.20 percent in the first quarter of 2021 and a record low of 5.10 percent in the second quarter of 2008. This page provides - Portugal Gross Household Saving Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Gross Household Saving Rate - values, historical data and charts - was last updated on October of 2021.

Personal Savings in Portugal is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Gross Household Saving Rate is projected to trend around 8.00 percent in 2022 and 7.50 percent in 2023, according to our econometric models.

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Portugal Gross Household Saving Rate

Portugal Last Unit Reference Previous Highest Lowest
Consumer Confidence -9.90 points Sep/21 -11.90 -0.10 -47.80
Retail Sales MoM 0.30 percent Aug/21 -0.90 15.00 -17.20
Retail Sales YoY 3.10 percent Aug/21 1.80 28.60 -21.80
Consumer Spending 31357.90 EUR Million Jun/21 29151.10 32349.00 22266.30
Personal Savings 14.20 percent Mar/21 12.80 14.20 5.10
Disposable Personal Income 43534.30 EUR Million Jun/21 41849.00 44394.20 19025.90

Portugal Gross Household Saving Rate
In Portugal, the households saving rate measures the part of the disposable income which is not spent as final consumption expenditure, and it is calculated as the ratio between gross saving and disposable income (includes the adjustment for the change in pension entitlements).