Germany leads European countries in national net savings shares in 2024, with a notable share of 48.72 Million Euros. The Netherlands and France follow, both exceeding 15 Million Euros. Italy and Ireland also maintain significant savings. Recent trends show Ireland and France experiencing the highest growth from 2023 to 2024, with Ireland at 2.26% and France at 1.72%. Conversely, Luxembourg recorded a decline over the same period. The compound annual growth rate over the past five years varies, indicating differing levels of fiscal health and savings preferences across nations. Most countries reported minimal or no change over 2023.
Future trends might involve:
- Potential economic recovery leading to increased savings in countries with currently low or stagnant growth.
- The impact of fiscal policies and economic reforms in countries like Italy and Portugal, which have shown static growth recently.
- Reaction of net savings to global economic conditions, including inflationary pressures and investment rates.
Top countries in National Net Savings Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48.72 | 2023 | +6.96% | +0.34% | View data |
| 2 | 2 Netherlands | 15.67 | 2023 | +6.57% | +1.26% | View data |
| 3 | 3 France | 15.38 | 2023 | +19.14% | +1.72% | View data |
| 4 | 4 Italy | 8.29 | 2023 | +10.36% | View data | |
| 5 | 5 Ireland | 4.38 | 2023 | -0.2% | +2.26% | View data |
| 6 | 6 Austria | 4.22 | 2023 | +6.71% | +0.67% | View data |
| 7 | 7 Slovakia | 0.63 | 2023 | +25.48% | View data | |
| 8 | 8 Luxembourg | 0.56 | 2023 | -1.29% | -1.58% | View data |
| 9 | 9 Portugal | 0.56 | 2023 | +184.68% | View data | |
| 10 | 10 Lithuania | 0.55 | 2023 | +5.99% | View data |
