Household Saving Rate in Belgium increased to 23.30 percent in the fourth quarter of 2020 from 16.80 percent in the third quarter of 2020. source: National Bank of Belgium

Personal Savings in Belgium averaged 15.75 percent from 1999 until 2020, reaching an all time high of 28.10 percent in the second quarter of 2020 and a record low of 11.40 percent in the first quarter of 2018. This page provides - Belgium Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Household Saving Rate - values, historical data and charts - was last updated on August of 2021.

Personal Savings in Belgium is expected to be 10.95 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Belgium to stand at 11.03 in 12 months time. In the long-term, the Belgium Household Saving Rate is projected to trend around 10.99 percent in 2022 and 10.98 percent in 2023, according to our econometric models.

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Belgium Household Saving Rate

Actual Previous Highest Lowest Dates Unit Frequency
23.30 16.80 28.10 11.40 1999 - 2020 percent Quarterly
SA, WDA

Belgium Consumer Last Previous Highest Lowest Unit
Consumer Confidence 8.00 8.00 16.00 -28.00 points [+]
Retail Sales MoM 1.40 -2.70 13.90 -9.00 percent [+]
Retail Sales YoY 7.20 19.00 19.00 -10.50 percent [+]
Consumer Spending 52320.00 52137.00 57423.00 22538.00 EUR Million [+]
Disposable Personal Income 93248.20 92777.80 100022.70 49870.50 EUR Million [+]
Personal Savings 23.30 16.80 28.10 11.40 percent [+]
Gasoline Prices 1.95 1.91 2.26 0.96 USD/Liter [+]
Households Debt To GDP 67.70 66.40 67.70 28.60 percent of GDP [+]
Households Debt To Income 104.34 102.79 104.34 58.32 percent [+]
Bank Lending Rate 1.57 1.54 3.02 1.54 percent [+]
Consumer Credit 7321119.00 7339061.00 8690566.00 5062843.00 EUR Thousand [+]
Consumer Confidence Current Conditions -4.00 -6.00 18.00 -72.00 [+]
Consumer Confidence Economic Expectations 4.00 4.00 19.00 -44.00 [+]
Consumer Confidence Financial Expectations 1.00 -1.00 12.00 -17.00 [+]
Consumer Confidence Major Purchases Expectations -9.00 -15.00 -6.00 -30.00 [+]
Consumer Confidence Price Trends 19.00 24.00 47.00 -14.00 [+]
Consumer Confidence Savings Expectations 5.00 -2.00 31.00 -33.00 [+]
Consumer Confidence Unemployment Expectations 3.00 8.00 73.00 -18.00 [+]


Belgium Household Saving Rate
In Belgium, Personal Savings (Households Savings) correspond to the ratio of household income saved to household net disposable income during a certain period of time.