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Household gross savings as a share of disposable income in Ireland from 1st quarter 2007 to 4th quarter 2022

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Source

Release date

May 2023

Region

Ireland

Survey time period

1st quarter 2007 to 4th quarter 2022

Supplementary notes

The gross savings rate is a ratio of the gross savings to gross disposable income plus the change in pension entitlements.

Citation formats

Household gross savings as a share of disposable income Ireland 2007-2022

Published by ÌÇÐÄÆƽâ°æ Research Department, May 10, 2023
Irish households saved roughly a fifth of their disposable income in the last quarter of 2022, which is still a slight drop in comparison to the previous quarters. Ireland has generally had high gross saving rates, which have fluctuated between and ** percent throughout the timeline. In the second quarter of 2020, the household gross savings rate peaked at ** percent, which coincided with the restriction measures to contain the spread of the COVID-19 pandemic.
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