Household Saving Rate in Hungary increased to 11.58 percent in 2018 from 11.38 percent in 2017. source: Eurostat

Personal Savings in Hungary averaged 11.84 percent from 1995 until 2018, reaching an all time high of 17.90 percent in 1995 and a record low of 6.73 percent in 2003. This page provides - Hungary Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Gross Household Saving Rate - values, historical data and charts - was last updated on November of 2020.

Personal Savings in Hungary is expected to reach 9.53 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Gross Household Saving Rate is projected to trend around 9.51 percent in 2021 and 9.52 percent in 2022, according to our econometric models.

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Hungary Gross Household Saving Rate

Actual Previous Highest Lowest Dates Unit Frequency
11.58 11.38 17.90 6.73 1995 - 2018 percent Yearly
NSA

Hungary Consumer Last Previous Highest Lowest Unit
Consumer Confidence -34.20 -31.10 0.50 -72.30 points [+]
Retail Sales MoM 1.00 1.30 5.70 -13.20 percent [+]
Retail Sales YoY -2.00 -0.80 17.10 -43.00 percent [+]
Consumer Spending 5531051.00 6020012.00 6424457.00 3587538.00 HUF Million [+]
Personal Savings 11.58 11.38 17.90 6.73 percent [+]
Private Sector Credit 7867.60 7753.10 8746.70 235.80 HUF Billion [+]
Bank Lending Rate 1.85 1.85 14.25 0.90 percent [+]
Households Debt To GDP 19.00 18.70 40.70 3.90 percent of GDP [+]
Households Debt To Income 33.31 32.23 66.35 9.57 percent [+]
Consumer Credit 972.38 959.69 972.38 323.54 HUF Billion [+]
Gasoline Prices 1.17 1.21 1.90 0.72 USD/Liter [+]


Hungary Gross Household Saving Rate
In Hungary, Households Savings correspond to the household income saved during a certain period of time.