Household Saving Rate in Portugal increased to 10.60 percent in the second quarter of 2020 from 7.50 percent in the first quarter of 2020.
Personal Savings in Portugal averaged 9.39 percent from 1999 until 2020, reaching an all time high of 13.90 percent in the third quarter of 2002 and a record low of 5.10 percent in the second quarter of 2008. This page provides - Portugal Gross Household Saving Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Gross Household Saving Rate - values, historical data and charts - was last updated on October of 2020.
Personal Savings in Portugal is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Portugal to stand at 7.00 in 12 months time. In the long-term, the Portugal Gross Household Saving Rate is projected to trend around 7.10 percent in 2021 and 6.50 percent in 2022, according to our econometric models.