Household Saving Rate in Cyprus decreased to 10.94 percent in 2021 from 12.50 percent in 2020. source: EUROSTAT
Personal Savings in Cyprus averaged 3.70 percent from 1995 until 2021, reaching an all time high of 12.50 percent in 2020 and a record low of -2.55 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 November 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.