The proportion of money households are saving can be measured through the household saving rate, defined as gross household saving divided by gross disposable income.
Between 2000 and 2016, the annual household saving rate in the European Union was relatively stable, ranging from 11 % to 13 %. Over the same period the rate in the euro area varied between 12 % and 14 %.
In 2016, the highest annual household saving rates were observed in Luxembourg (20 %), Sweden (19 %), Germany (17 %) and France (14 %), and the lowest in Cyprus (-2 %), Lithuania (0 %), Latvia (3 %) and Poland (4 %).
For more details of the trends in the household saving rate between 2000 and 2016, you can use the interactive tool below:
You can also visit the newly released digital publication The European economy since the start of the millennium.
For more information, please contact us: firstname.lastname@example.org.