In 2023, Germany led European national net savings with €406.29 billion, followed by the Netherlands and France with €130.67 billion and €128.25 billion, respectively. Ireland showed the highest growth at 2.26%, while Luxembourg experienced a decline of 1.58%. Italy's and Portugal's savings remained stagnant. Central and Eastern European countries such as Slovakia, Lithuania, Slovenia, Malta, Latvia, and Cyprus reported minimal savings, indicating weaker financial buffers.
Future trends to watch include potential impacts from economic policies or geopolitical developments on savings rates, and whether high-growth countries like Ireland continue their upward trajectory. Additionally, monitor the role of sustainability initiatives and digital transformation in shaping savings patterns.
Top countries in National Net Savings by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 406,290 | 2023 | +6.96% | +0.34% | View data |
| 2 | 2 Netherlands | 130,670 | 2023 | +6.57% | +1.26% | View data |
| 3 | 3 France | 128,250 | 2023 | +19.14% | +1.72% | View data |
| 4 | 4 Italy | 69,110 | 2023 | +10.36% | View data | |
| 5 | 5 Ireland | 36,550 | 2023 | -0.2% | +2.26% | View data |
| 6 | 6 Austria | 35,170 | 2023 | +6.71% | +0.67% | View data |
| 7 | 7 Slovakia | 5,280 | 2023 | +25.48% | View data | |
| 8 | 8 Luxembourg | 4,680 | 2023 | -1.29% | -1.58% | View data |
| 9 | 9 Portugal | 4,660 | 2023 | +184.68% | View data | |
| 10 | 10 Lithuania | 4,600 | 2023 | +5.99% | View data |
