Household gross saving rate in the European Union (27 countries) reached an average of 15.57 percent in the third quarter of 2020. The saving rate varied considerably by country. For instance, in the Netherlands it reached percent, while in Poland it amounted to six percent. In general, during 2020, saving rates were higher than average due to the disruptions caused by coronavirus (COVID-19) pandemic, which led to a decrease in consumption and, as a consequence, an increase in savings, particularly during the second quarter of 2020.
Household gross saving rate in selected countries in the European Union from 1st to 3rd quarter 2020
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Eurostat. (February 12, 2021). Household gross saving rate in selected countries in the European Union from 1st to 3rd quarter 2020 [Graph]. In Statista. Retrieved August 10, 2022, from https://www.statista.com/statistics/1221226/household-gross-saving-rate-in-the-eu-by-country/
Eurostat. "Household gross saving rate in selected countries in the European Union from 1st to 3rd quarter 2020." Chart. February 12, 2021. Statista. Accessed August 10, 2022. https://www.statista.com/statistics/1221226/household-gross-saving-rate-in-the-eu-by-country/
Eurostat. (2021). Household gross saving rate in selected countries in the European Union from 1st to 3rd quarter 2020. Statista. Statista Inc.. Accessed: August 10, 2022. https://www.statista.com/statistics/1221226/household-gross-saving-rate-in-the-eu-by-country/
Eurostat. "Household Gross Saving Rate in Selected Countries in The European Union from 1st to 3rd Quarter 2020." Statista, Statista Inc., 12 Feb 2021, https://www.statista.com/statistics/1221226/household-gross-saving-rate-in-the-eu-by-country/
Eurostat, Household gross saving rate in selected countries in the European Union from 1st to 3rd quarter 2020 Statista, https://www.statista.com/statistics/1221226/household-gross-saving-rate-in-the-eu-by-country/ (last visited August 10, 2022)