Household Saving Rate in the United Kingdom decreased to 5.50 percent in the third quarter of 2019 from 6.10 percent in the second quarter of 2019. Personal Savings in the United Kingdom averaged 8.57 percent from 1955 until 2019, reaching an all time high of 15.20 percent in the second quarter of 1993 and a record low of -0.90 percent in the fourth quarter of 1958. source: Office for National Statistics
Personal Savings in the United Kingdom is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in the United Kingdom to stand at 7.50 in 12 months time. In the long-term, the United Kingdom Household Saving Ratio is projected to trend around 8.50 percent in 2020, according to our econometric models.