Household Saving Rate in Spain increased to 31.13 percent in the second quarter of 2020 from 1.73 percent in the first quarter of 2020. source: Eurostat

Personal Savings in Spain averaged 7.93 percent from 1999 until 2020, reaching an all time high of 31.13 percent in the second quarter of 2020 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 November of 2020.

Personal Savings in Spain is expected to be 12.00 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
31.13 1.73 31.13 -6.74 1999 - 2020 percent Quarterly
NSA

Spain Consumer Last Previous Highest Lowest Unit
Consumer Confidence 48.50 49.50 108.80 37.60 points [+]
Retail Sales MoM -0.30 1.40 19.50 -20.20 percent [+]
Retail Sales YoY -3.30 -2.90 6.80 -31.60 percent [+]
Consumer Spending 157529.00 130660.00 176605.00 67786.00 EUR Million [+]
Disposable Personal Income 231149.00 209939.00 254122.00 103970.00 EUR Million [+]
Personal Savings 31.13 1.73 31.13 -6.74 percent [+]
Consumer Credit 646488667.00 643709260.00 821459799.00 79332126.00 EUR Thousand [+]
Private Sector Credit 1192165.00 1192297.00 1871339.00 1766.22 EUR Million [+]
Bank Lending Rate 1.59 1.47 6.29 0.71 percent [+]
Households Debt To GDP 56.90 56.90 85.80 22.60 percent of GDP [+]
Households Debt To Income 93.01 95.21 133.94 68.90 percent [+]
Gasoline Prices 1.43 1.44 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.