Germany: household net saving rate 2023

The net saving of households and non-profit institutions serving households (NPISHs) in Germany increased by 0.2 percent of household and NPISH net disposable income (+1.8 percent) in 2023 in comparison to the previous year. In total, the net saving amounted to 11.38 percent of household and NPISH net disposable income in 2023. This increase was preceded by a declining net saving in this industry.

Find more statistics on other topics about Germany with key insights such as mutual funds as a percentage of total household financial assets, household shares and other equity, except mutual funds shares and as a percentage of total household financial assets.

Household net saving rate in Germany from 2010 to 2023

Characteristic	Household net saving rate
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Release date

July 2024

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Region

Germany

Survey time period

2010 to 2023

Supplementary notes

e: Estimated value.
The source adds the following information: 'Net household saving is defined as household net disposable income plus the adjustment for the change in pension entitlements less household final consumption expenditure (households also include non-profit institutions serving households). The adjustment item concerns (mandatory) saving of households, by building up funds in employment-related pension schemes. Household saving is the main domestic source of funds to finance capital investments, a major impetus for long-term economic growth. The net household saving rate represents the total amount of net saving as a percentage of net household disposable income. It thus shows how much households are saving out of current income and also how much income they have added to their net wealth. All OECD countries compile their data according to the 2008 System of National Accounts (SNA).' Date of release is date of access

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