European Union Gross Savings Rate
1995 - 2024 | Quarterly | % | CEIC Data
Key information about EU Gross Savings Rate
- EU Gross Savings Rate was measured at 26.0% in Sep 2024, compared with 26.0% in the previous quarter.
- EU Gross Savings Rate is updated quarterly, with data available from Mar 1995 to Sep 2024, and an average rate of 26.0%.
- The data reached an all-time high of 26.0% in Mar 2021 and a record low of 21.4% in Mar 2010.
- CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Eurostat provides Final Consumption Expenditure in local currency and Nominal GDP in local currency. European Union stands for EU27 excluding UK.
- In the latest reports, EU GDP expanded 1.0% YoY in Mar 2023.
- EU Nominal GDP reached 4,430,431.2 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 6.5% in Mar 2023.
- EU GDP Per Capita reached 38,468.8 USD in Dec 2021.
View European Union's Gross Savings Rate from Mar 1995 to Sep 2024 in the chart:
What was European Union's Gross Savings Rate in Sep 2024?
EU Gross Savings Rate was measured at 26.0% in Sep 2024, compared with 26.0% in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 26.0 Sep 2024 | 25.8 Jun 2024 | 21.4 Mar 2010 | 27.4 Mar 2021 | % | quarterly | Mar 1995 - Sep 2024 |
Gross Savings Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 17.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 36.1 2021 | yearly | 2000 - 2021 |
| Argentina (%) | 11.0 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Armenia (%) | 20.6 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
| Australia (%) | 29.6 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 24.0 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Azerbaijan (%) | 29.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Bahrain (%) | 38.1 2022 | yearly | 1989 - 2022 |
| Bangladesh (%) | 30.4 2021 | yearly | 2006 - 2021 |
| Belarus (%) | 28.3 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Belgium (%) | 22.1 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Bolivia (%) | 16.8 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Bosnia and Herzegovina (%) | 24.2 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Botswana (%) | 20.1 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Brazil (%) | 15.4 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Brunei (%) | 60.0 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 26.0 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Cambodia (%) | 34.1 2022 | yearly | 1993 - 2022 |
| Canada (%) | 25.2 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Chile (%) | 20.7 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| China (%) | 44.3 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 8.6 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Croatia (%) | 31.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Cyprus (%) | 25.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Czech Republic (%) | 34.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Denmark (%) | 35.0 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Ecuador (%) | 21.1 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Egypt (%) | 7.8 2023 | yearly | 1969 - 2023 |
| Estonia (%) | 29.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| European Union (%) | 26.0 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Finland (%) | 23.5 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| France (%) | 14.2 Dec 2017 | quarterly | Mar 1949 - Dec 2017 |
| Georgia (%) | 26.3 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Germany (%) | 29.6 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Ghana (%) | 9.9 2023 | yearly | 2006 - 2023 |
| Greece (%) | 17.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Hong Kong SAR, China (%) | 29.6 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Hungary (%) | 32.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Iceland (%) | 23.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| India (%) | 30.2 2023 | yearly | 1951 - 2023 |
| Indonesia (%) | 35.0 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Iran (%) | 26.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Ireland (%) | 60.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Israel (%) | 25.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Italy (%) | 24.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Ivory Coast (%) | 23.9 2023 | yearly | 1960 - 2023 |
| Japan (%) | 28.8 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Jordan (%) | 3.0 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 44.9 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 11.9 2023 | yearly | 2006 - 2023 |
| South Korea (%) | 34.0 Dec 2022 | quarterly | Mar 1970 - Dec 2022 |
| Kosovo (%) | 21.9 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Kuwait (%) | 44.9 2022 | yearly | 1970 - 2022 |
| Kyrgyzstan (%) | -4.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 18.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 17.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Lebanon (%) | -25.5 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 29.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Luxembourg (%) | 52.5 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Macau SAR, China (%) | 16.6 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| North Macedonia (%) | 16.3 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Malawi (%) | 11.2 2019 | yearly | 1977 - 2019 |
| Malaysia (%) | 26.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Malta (%) | 36.3 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Mauritius (%) | 19.0 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mexico (%) | 18.0 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Moldova (%) | -1.8 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Mongolia (%) | 35.8 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Montenegro (%) | 6.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Morocco (%) | 28.6 2023 | yearly | 1975 - 2023 |
| Mozambique (%) | 4.8 2023 | yearly | 1969 - 2022 |
| Myanmar (%) | 28.7 2018 | yearly | 1996 - 2018 |
| Nepal (%) | 35.6 2024 | yearly | 2001 - 2024 |
| Netherlands (%) | 28.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| New Zealand (%) | 20.3 Sep 2022 | quarterly | Jun 1987 - Sep 2022 |
| Nigeria (%) | 34.6 2023 | yearly | 1981 - 2023 |
| Norway (%) | 36.6 Sep 2024 | quarterly | Mar 1978 - Sep 2024 |
| Oman (%) | 30.7 2023 | yearly | 1980 - 2023 |
| Pakistan (%) | 6.3 2024 | yearly | 2000 - 2024 |
| Palestinian Territory (%) | -2.4 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Panama (%) | 41.1 2023 | yearly | 1960 - 2023 |
| Paraguay (%) | 18.4 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Peru (%) | 25.0 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Philippines (%) | 10.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 19.5 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Portugal (%) | 26.9 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Qatar (%) | 66.3 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 24.1 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Russia (%) | 30.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Saudi Arabia (%) | 33.2 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Serbia (%) | 16.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Singapore (%) | 48.6 2023 | yearly | 1960 - 2023 |
| Slovakia (%) | 23.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Slovenia (%) | 28.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| South Africa (%) | 13.7 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
| Spain (%) | 23.7 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Sri Lanka (%) | 26.1 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Sudan (%) | 13.7 2014 | yearly | 1960 - 2014 |
| Sweden (%) | 26.6 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Switzerland (%) | 32.0 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
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Learn more about what we doEuropean Union Key Series
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
| Household Debt: % of GDP (%) | 44.4 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Money Supply M1 (USD mn) | 10,943,700.362 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Money Supply M2 (USD mn) | 16,118,560.686 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| M2 Growth (%) | 3.1 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
| Reserve Requirement Ratio (%) | 1.0 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 298,686.4 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 1.814 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.3 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Total Deposits (USD mn) | 16,241,451.872 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Total Deposits Growth (%) | 3.5 Dec 2024 | monthly | Sep 1998 - Dec 2024 |
| Domestic Credit (USD mn) | 25,800,728.3 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Domestic Credit Growth (%) | -0.9 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
| Household Debt (USD mn) | 6,920,771.9 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Total Loans (USD mn) | 19,198,656.853 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Total Loans Growth (%) | 3.07 Dec 2024 | monthly | Sep 1998 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 78.62 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Money Supply M3: Outstanding (EUR bn) | 16,807.277 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply M2: Outstanding (EUR bn) | 15,655.645 Dec 2024 | monthly | Jan 1980 - Dec 2024 |
| Money Supply M3: swda: Outstanding (EUR bn) | 16,726.432 Dec 2024 | monthly | Jan 1980 - Dec 2024 |
| Money Supply M2: swda: Outstanding (EUR bn) | 15,571.984 Dec 2024 | monthly | Jan 1980 - Dec 2024 |
| Money Supply M1: Outstanding (EUR bn) | 10,655.699 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply M1: swda: Outstanding (EUR bn) | 10,572.602 Dec 2024 | monthly | Jan 1980 - Dec 2024 |
| Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,394.032 Dec 2024 | monthly | Nov 1999 - Dec 2024 |
| Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 288.583 Dec 2024 | monthly | Nov 1999 - Dec 2024 |
| MFIs Loans: Outstanding: Non Financial Sector (EUR bn) | 5,172.868 Dec 2024 | monthly | Sep 1997 - Dec 2024 |
| MFIs Loans: Outstanding: Households: HP: Over 5 Years (EUR bn) | 4,296.809 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
| MFIs Loans: Outstanding: Households: Consumer Credit (CS) (EUR bn) | 686.042 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
| MFIs Deposits: Outstanding: Non Financial Corp (NFC) (EUR bn) | 3,637.366 Dec 2024 | monthly | Sep 1997 - Dec 2024 |
| MFIs Deposits: Outstanding: Households (EUR bn) | 9,504.117 Dec 2024 | monthly | Sep 1997 - Dec 2024 |
More Indicators for European Union
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