Household Saving Rate in European Union increased to 15.85 percent in the first quarter of 2020 from 10.51 percent in the fourth quarter of 2019.

Personal Savings in European Union averaged 11.32 percent from 1999 until 2020, reaching an all time high of 15.85 percent in the first quarter of 2020 and a record low of 9.72 percent in the first quarter of 2017. This page provides - European Union Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Gross Household Saving Rate - values, historical data and charts - was last updated on August of 2020.

Personal Savings in European Union is expected to be 12.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in European Union to stand at 12.20 in 12 months time. In the long-term, the European Union Gross Household Saving Rate is projected to trend around 11.70 percent in 2021 and 11.40 percent in 2022, according to our econometric models.

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European Union Gross Household Saving Rate

Actual Previous Highest Lowest Dates Unit Frequency
15.85 10.51 15.85 9.72 1999 - 2020 percent Quarterly
SA

European Union Consumer Last Previous Highest Lowest Unit
Consumer Spending 2051492.20 2046405.50 2051492.20 1356724.50 EUR Million [+]
Personal Savings 15.85 10.51 15.85 9.72 percent [+]
Retail Sales Mom 0.50 -0.60 2.90 -1.90 percent [+]
Retail Sales Yoy 2.20 2.20 6.10 -4.00 percent [+]
Economic Optimism Index 74.80 66.70 118.30 63.80 [+]
Consumer Confidence -15.60 -15.60 -1.50 -23.00 points [+]
Consumer Confidence Current Conditions -8.50 -10.40 -4.80 -65.90 [+]
Consumer Confidence Economic Expectations -5.00 -6.90 1.40 -39.80 [+]
Consumer Confidence Financial Expectations 0.20 0.50 5.40 -12.60 [+]
Consumer Confidence Major Purchases Expectations -14.60 -15.00 -9.90 -27.20 [+]
Consumer Confidence Price Trends 18.30 18.00 48.80 -11.50 [+]
Consumer Confidence Savings Expectations -0.40 -1.50 2.20 -16.60 [+]
Consumer Confidence Unemployment Expectations 3.50 5.20 67.10 0.80 [+]