Household real consumption per capita grows in both the euro area and the EU
Overview
In the third quarter of 2025, household real consumption per capita increased by 0.4% in the euro area, after an increase of 0.4% in the previous quarter. In the same period, household real income per capita increased by 0.1%, after an increase of 0.5% in the second quarter of 2025.
These data come from a detailed set of seasonally adjusted quarterly European sector accounts that is published by Eurostat, the statistical office of the European Union.

In the EU as a whole, household real consumption per capita increased by 0.5% in the third quarter of 2025, after an increase of 0.5% in the previous quarter. At the same time, household real income per capita increased by 0.2%, after having increased by 0.7% in the second quarter of 2025.

Components of household real income
During the third quarter of 2025, the increase in household real income per capita in the euro area and the EU is mainly explained by the positive contribution of compensation of employees and social transfers in kind. Conversely, current taxes and net social contributions was the largest negative contributor in both the euro area and the EU.


Household saving rate decreased both in the euro area and the EU
In the third quarter of 2025, the saving rate decreased by 0.3 percentage points (pp) both in the euro area and in the EU, compared with the previous quarter.
Among the Member States for which data are published, the household saving rate increased in eight Member States, remained stable in one and decreased in seven. Italy had the largest increase (+1.4 pp), followed by Hungary (+1.1 pp) and Poland (0.6 pp). At the same time, the largest decrease was observed in Greece (-1.8 pp), Sweden (-1.4 pp) and Finland (-1.2 pp).

Household investment rate stays the same both in the euro area and the EU
In the third quarter of 2025, the investment rate of households stayed stable both in the euro area and the EU, compared with the previous quarter.
Among the Member States for which data are published, the household investment rate increased in nine Member States, remained stable in three and decreased in four. Greece had the largest increase (+0.9 pp), followed by Ireland (+0.5 pp), while the largest decrease was observed in Italy (-0.3 pp).

Tables
Key indicators and growth rates of selected household transactions, seasonally adjusted |
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|---|---|---|---|---|---|---|---|---|
2023 |
2024 |
2025 |
||||||
Q4 |
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
Q3 |
|
Euro area |
||||||||
Saving rate, % |
14.8 |
15.2 |
15.4 |
15.2 |
15.0 |
15.2 |
15.4 |
15.1 |
Investment rate, % |
9.5 |
9.3 |
9.1 |
9.0 |
9.0 |
9.0 |
9.0 |
9.0 |
Growth of household real income per capita |
0.6 |
0.9 |
0.3 |
0.5 |
0.2 |
0.1 |
0.5 |
0.1 |
Growth of household real consumption per capita |
0.0 |
0.5 |
0.1 |
0.6 |
0.4 |
-0.2 |
0.4 |
0.4 |
EU |
||||||||
Saving rate, % |
14.3 |
14.4 |
14.7 |
14.6 |
14.4 |
14.7 |
14.9 |
14.6 |
Investment rate, % |
9.2 |
8.9 |
8.8 |
8.6 |
8.6 |
8.6 |
8.6 |
8.6 |
Growth of household real income per capita |
0.6 |
0.7 |
0.4 |
0.6 |
0.4 |
0.0 |
0.7 |
0.2 |
Growth of household real consumption per capita |
0.1 |
0.6 |
0.1 |
0.7 |
0.5 |
-0.3 |
0.5 |
0.5 |
Source dataset including non-seasonally adjusted data: nasq_10_ki.
|
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Household key indicators in the third quarter of 2025 (change over previous quarter, seasonally adjusted) |
|||||
|---|---|---|---|---|---|
Saving rate (percentage points) |
Investment rate (percentage points) |
Individual consumption expenditure (%) |
Gross disposable income (%) |
Gross fixed capital formation (%) |
|
Euro area |
-0.3 |
0.0 |
0.9 |
0.6 |
0.7 |
EU |
-0.3 |
0.0 |
1.2 |
0.8 |
1.1 |
Belgium |
0.4 |
-0.1 |
0.4 |
0.8 |
-0.9 |
Czechia |
0.0 |
0.1 |
0.6 |
0.6 |
1.4 |
Denmark |
-0.1 |
0.1 |
1.5 |
1.4 |
2.8 |
Germany |
0.4 |
0.0 |
0.5 |
1.0 |
1.0 |
Ireland |
0.5 |
0.5 |
-0.2 |
1.4 |
6.9 |
Greece |
-1.8 |
0.9 |
1.2 |
-1.1 |
14.3 |
Spain |
-0.1 |
-0.1 |
1.3 |
1.2 |
-0.4 |
France |
-0.4 |
0.1 |
0.8 |
0.2 |
1.2 |
Italy |
1.4 |
-0.3 |
0.3 |
2.0 |
-1.1 |
Hungary |
1.1 |
0.1 |
1.8 |
3.0 |
4.8 |
Netherlands |
0.2 |
0.2 |
1.2 |
-0.3 |
1.1 |
Austria |
-0.2 |
-0.1 |
0.7 |
0.5 |
-0.6 |
Poland |
0.6 |
0.0 |
1.2 |
-0.3 |
-0.5 |
Portugal |
0.3 |
0.1 |
1.8 |
2.1 |
4.3 |
Finland |
-1.2 |
0.0 |
1.3 |
0.0 |
0.1 |
Sweden |
-1.4 |
0.2 |
1.5 |
-0.3 |
3.0 |
Data are not available for Member States whose gross domestic product at current prices is less than 1% of the EU total GDP.
|
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Notes for users
Revisions and timetable
A first release, focusing on data for household saving and investment rates in the euro area, is published around 94 days after each quarter ends. Compared with the rate indicated in the first news release of 13 January 2026 on the euro area aggregate, the seasonally adjusted household saving rate of the third quarter of 2025 remained unrevised at 15.1%. The investment rate also remained unrevised at 9.0%.
Compared with the rate indicated in the news release of 28 October 2025, the growth rate of household real income per capita for the second quarter of 2025 remained unrevised at 0.5% for the euro area and was revised from 0.6% to 0.7% for the EU. The growth rate of household real consumption per capita was revised upwards from 0.3% to 0.4% for the euro area and from 0.4% to 0.5% for the EU.
Methods and definitions
Household real income per capita is defined as the adjusted gross disposable income of households, in nominal terms, divided by the total population (source: national accounts) and by the deflator (price index) of household actual final consumption.
Household real consumption per capita is defined as the actual final consumption of households, in nominal terms, divided by the total population (source: national accounts) and by the deflator (price index) of household actual final consumption.
For more definitions, please consult the national accounts glossary.
The compilation of the European sector accounts follows the European System of Accounts 2010 (ESA 2010) and covers the period from the first quarter of 1999 onwards. The data come from a detailed set of seasonally adjusted quarterly European sector accounts released by Eurostat, the statistical office of the European Union, and the European Central Bank (ECB).
Institutional sectors bring together economic units with broadly similar characteristics and behaviour, namely: households (including non-profit institutions serving households), non-financial corporations, financial corporations, government, and the rest of the world. For the rest of the world, to measure the external transactions of the euro area / European Union, it is necessary to remove cross-border flows within the area concerned.
Eurostat’s database includes detailed annual and quarterly sector accounts of Member States of the European Economic Area and derived key indicators published around 120 days after each quarter ends (which also cover annual indicators such as debt-to-income ratios). A subset of quarterly key indicators is published around 94 days after each quarter ends.
Due to the conversion to euro, the growth rates of European Union aggregates may be affected by movements in exchange rates.
Geographical information
Up to 31 December 2025, the euro area included Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland (EA20), plus the European Central Bank, the European Stability Mechanism and the European Financial Stability Facility. From 1 January 2026, the euro area also includes Bulgaria (EA21). The aggregate data series presented in this release still refer to EA20.
The European Union includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden (EU27), plus the EU institutions.
For more information
Quarterly data and annual data, quarterly key indicators and annual key indicators on sector accounts
Statistics Explained articles on quarterly sector accounts for households and for non-financial corporations
Detailed data and methodology on the Eurostat website and on the ECB website
Get in touch
Media requests
Eurostat Media Support
Phone: (+352) 4301 33 408
Further information on data
Inga AUSEKLE
E-mail: estat-sector-query@ec.europa.eu
Ángel PANIZO ESPUELAS
