Fernando de Querol Cumbrera
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Get in touch with us nowHousehold gross savings rate in Germany Q1 2007-Q1 2023
German households saved over a fifth of their disposable income in the second quarter of 2023, which is a higher rate than in the previous months. The second quarter of 2020 was by far the period with the highest gross savings rate across the period considered here at 27.85 percent. Meanwhile, between 2007 and 2019 these figures mostly fluctuated between 17 and 19 percent of the household income, which are still high saving rates. The household gross savings rate in Ireland also was relatively high throughout the period considered.
