Household gross savings as a share of disposable income in Portugal 2007-2024
In Portugal, households saved approximately 12 percent of their disposable income in the first quarter of 2024. That gross savings rate reached its highest value in the second quarter of 2020 at more than 19 percent. TheĀ household savings rate in Spain, Portugal's neighbor country, also reached similar levels during the start of the COVID-19 pandemic.