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Annual savings per capita during COVID-19 in the eurozone Q1 2019-Q3 2020

Published by Statista Research Department, Mar 29, 2021
Gross savings per capita in the euro area increased significantly during the second and third quarter of 2020. A calculation of per capita savings cumulated over four quarters published in February 2021, shows that between the third quarter of 2019 and third quarter of 2020, the average savings per capita in the euro area reached a value of 3,778 euros, compared to 2,966 euros between the first quarters of 2019 and 2020. This unprecedented increase is due to the coronavirus (COVID-19) outbreak and the resulting widespread lockdowns and temporary business closures.

Annual household gross savings per capita in the euro area - 19 countries during coronavirus (COVID-19) from 1st quarter 2019 to 3rd quarter 2020 (in euros)

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Source

Release date

February 2021

Region

EU

Survey time period

Q1 2019 to Q3 2020

Supplementary notes

The source adds the following information "Figures refer to the sum of per capita magnitudes cumulated over four quarters."

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