Household Saving Rate in Cyprus increased to 8.05 percent in 2020 from 5.60 percent in 2019. source: EUROSTAT
Personal Savings in Cyprus averaged 3.17 percent from 1995 until 2020, reaching an all time high of 10.58 percent in 2009 and a record low of -2.62 percent in 2014. This page provides - Cyprus Gross Household Saving Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Gross Household Saving Rate - values, historical data and charts - was last updated on August of 2022.
Personal Savings in Cyprus is expected to reach -1.43 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Gross Household Saving Rate is projected to trend around -2.64 percent in 2023 and -2.54 percent in 2024, according to our econometric models.