Household Saving Rate in Spain decreased to 1.73 percent in the first quarter of 2020 from 12.91 percent in the fourth quarter of 2019.

Personal Savings in Spain averaged 7.66 percent from 1999 until 2020, reaching an all time high of 20.14 percent in the second quarter of 2009 and a record low of -6.74 percent in the first quarter of 2008. This page provides - Spain Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Gross Household Saving Rate - values, historical data and charts - was last updated on August of 2020. source: Eurostat

Personal Savings in Spain is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Spain to stand at 12.00 in 12 months time. In the long-term, the Spain Gross Household Saving Rate is projected to trend around 12.00 percent in 2021, according to our econometric models.

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Spain Gross Household Saving Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.73 12.91 20.14 -6.74 1999 - 2020 percent Quarterly
NSA

Spain Consumer Last Previous Highest Lowest Unit
Consumer Confidence 53.10 60.70 108.80 37.60 points [+]
Retail Sales MoM 17.80 19.40 19.40 -20.10 percent [+]
Retail Sales YoY -4.70 -18.90 7.00 -31.50 percent [+]
Consumer Spending 130817.00 166252.00 177509.00 67786.00 EUR Million [+]
Disposable Personal Income 209939.00 248435.00 254122.00 103970.00 EUR Million [+]
Personal Savings 1.73 12.91 20.14 -6.74 percent [+]
Consumer Credit 643709260.00 647479049.00 821459799.00 79332126.00 EUR Thousand [+]
Private Sector Credit 1211576.00 1196643.00 1871339.00 1766.22 EUR Million [+]
Bank Lending Rate 1.64 1.69 6.29 0.71 percent [+]
Households Debt To GDP 56.90 57.40 85.80 22.60 percent of GDP [+]
Households Debt To Income 95.21 98.99 133.94 68.90 percent [+]
Gasoline Prices 1.44 1.34 2.00 0.73 USD/Liter [+]


Spain Gross Household Saving Rate
In Spain, Personal Savings correspond to the income saved by persons during a certain period of time.