Irish households saved roughly a fifth of their disposable income in the last quarter of 2022, which is still a slight drop in comparison to the previous quarters. Ireland has generally had high gross saving rates, which have fluctuated between seven and 36 percent throughout the timeline. In the second quarter of 2020, the household gross savings rate peaked at 33 percent, which coincided with the restriction measures to contain the spread of the COVID-19 pandemic.
Household gross savings as a share of disposable income in Ireland from 1st quarter 2007 to 4th quarter 2022
Characteristic
Household gross savings rate
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OECD. (May 10, 2023). Household gross savings as a share of disposable income in Ireland from 1st quarter 2007 to 4th quarter 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1076741/household-gross-savings-rate-ireland/
OECD. "Household gross savings as a share of disposable income in Ireland from 1st quarter 2007 to 4th quarter 2022." Chart. May 10, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1076741/household-gross-savings-rate-ireland/
OECD. (2023). Household gross savings as a share of disposable income in Ireland from 1st quarter 2007 to 4th quarter 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1076741/household-gross-savings-rate-ireland/
OECD. "Household Gross Savings as a Share of Disposable Income in Ireland from 1st Quarter 2007 to 4th Quarter 2022." Statista, Statista Inc., 10 May 2023, https://www.statista.com/statistics/1076741/household-gross-savings-rate-ireland/
OECD, Household gross savings as a share of disposable income in Ireland from 1st quarter 2007 to 4th quarter 2022 Statista, https://www.statista.com/statistics/1076741/household-gross-savings-rate-ireland/ (last visited July 22, 2024)
Household gross savings as a share of disposable income in Ireland from 1st quarter 2007 to 4th quarter 2022 [Graph], OECD, May 10, 2023. [Online]. Available: https://www.statista.com/statistics/1076741/household-gross-savings-rate-ireland/