Household Saving Rate in Italy increased to 8.90 percent in the second quarter of 2019 from 8.40 percent in the first quarter of 2019. Personal Savings in Italy averaged 10.34 percent from 1999 until 2019, reaching an all time high of 13.50 percent in the second quarter of 2002 and a record low of 6.80 percent in the third quarter of 2012.
Personal Savings in Italy is expected to be 8.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Italy to stand at 9.20 in 12 months time. In the long-term, the Italy Gross Household Saving Rate is projected to trend around 10.00 percent in 2020, according to our econometric models.