Household savings is estimated by subtracting household consumption expenditure from household disposable income plus the adjustment for the change in pension entitlements.
Household composition, individual characteristics, demographic, economic and social features of households affect saving pattern and behavior of households in a given society.
The variations in such factors lead to variations in national saving rate over time (Schultz, 2005).
Germany - Household saving rate was 20.72% in June of 2023, according to the EUROSTAT.
Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Household saving rate - last updated from the EUROSTAT on December of 2023.