Household Saving Rate in Portugal increased to 6.20 percent in the third quarter of 2019 from 6.10 percent in the second quarter of 2019. Personal Savings in Portugal averaged 9.40 percent from 1999 until 2019, 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.
Personal Savings in Portugal is expected to be 6.00 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 6.50 in 12 months time. In the long-term, the Portugal Gross Household Saving Rate is projected to trend around 7.10 percent in 2020, according to our econometric models.