Household Saving Rate in Italy increased to 9.30 percent in the first quarter of 2025 from 8.70 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - Italy Personal Savings - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The households' saving rate is the ratio between the gross saving and the adjusted gross disposable income. Favorable economic conditions encourage higher spending, leading to a consequent drop in the savings rates. Between 2016 and 2023, the saving rate of Italian households stood stable at about ten percent. However, in 2020 it reached 17.4 percent due to an uncertain economic situation brought in by the COVID-19 pandemic, leading to a more precautionary behavior among consumers, that resulted in a higher saving rate. From 2024 on, the saving rate is forecasted to reach twelve percent of the adjusted gross disposable income.

Key information about Italy Gross Savings Rate

• Italy Gross Savings Rate was measured at 25.0% in Dec 2024, compared with 25.0% in the previous quarter.
• Italy Gross Savings Rate is updated quarterly, with data available from Mar 1995 to Dec 2024, and an average rate of 25.0%.
• The data reached an all-time high of 25.0% in Dec 1995 and a record low of 16.5% in Mar 2013.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Italian National Institute of Statistics provides Final Consumption Expenditure in EUR and Nominal GDP in EUR.
• In the latest reports, Italy GDP expanded 1.9% YoY in Mar 2023.
• Italy Nominal GDP reached 538,664.9 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 5.7% in Mar 2023.
• Italy GDP Per Capita reached 35,643.1 USD in Dec 2021.

Italy - Household saving rate was 12.04% in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Household saving rate - last updated from the EUROSTAT on September of 2025. Historically, Italy - Household saving rate reached a record high of 21.38% in June of 2020 and a record low of 9.59% in September of 2019.

Italian households saved roughly **** percent of their disposable income in 2024. That rate peaked during the first year of the pandemic, with that savings rate reaching **** percent in 2020. The gross savings rate in Spain also reached its highest value during that period.

The net saving of households and non-profit institutions serving households (NPISHs) in Italy decreased to **** percent of household and NPISH net disposable income since the previous year. Therefore, the net saving in Italy saw its lowest number in that year with **** percent of household and NPISH net disposable income. Find more key insights for the net saving of households and non-profit institutions serving households (NPISHs) in countries like Denmark, France, and Spain.

This statistic displays the average household saving rate in Italy from 2010 to 2016. According to the data, the household saving rate decreased over the period considered, falling to ***** percent of the household income that consumers saved rather than spent on goods and services.

Corresponds to the gross saving of households (including non-profit institutions serving households) divided by gross disposable income (the latter adjusted for the net change in pension entitlements), expressed as a percentage. Gross saving is the part of the gross disposable income which is not spent as final consumption expenditure.

Italy IT: Government Gross Savings: % of GDP data was reported at 5.877 % in Dec 2024. This records an increase from the previous number of 2.012 % for Sep 2024. Italy IT: Government Gross Savings: % of GDP data is updated quarterly, averaging 1.117 % from Mar 1999 (Median) to Dec 2024, with 104 observations. The data reached an all-time high of 6.792 % in Dec 2007 and a record low of -7.538 % in Jun 2020. Italy IT: Government Gross Savings: % of GDP data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Italy – Table IT.ECB: Government Gross Savings: Percentage of GDP.

Between 2012 and 2024, German households have had the highest saving rates of the major economies in the European Union (EU-27). While the gross savings of German households amounted to over ** percent of their disposable income in the first three quarters of 2024, that percentage just reached **** percent in Italy.

IT: Lending Rate: Households: New Business: Floating and Up to 1 Year data was reported at 3.895 % pa in 2017. This records a decrease from the previous number of 4.771 % pa for 2016. IT: Lending Rate: Households: New Business: Floating and Up to 1 Year data is updated yearly, averaging 7.493 % pa from Dec 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 10.848 % pa in 2008 and a record low of 3.895 % pa in 2017. IT: Lending Rate: Households: New Business: Floating and Up to 1 Year data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Key information about Italy Real GDP Growth

• The Gross Domestic Product (GDP) in Italy expanded 1.4 % YoY in Dec 2022, following a growth of 2.8 % in the previous quarter.
• Real GDP Growth YoY data in Italy is updated quarterly, available from Mar 1982 to Dec 2022, with an average rate of 1.4 %.
• The data reached an all-time high of 17.4 % in Jun 2021 and a record low of -18.5 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Italian National Institute of Statistics provides Real GDP in EUR based on ESA 2010, at chain linked 2015 prices. Real GDP Growth prior to Q1 1997 is calculated from Real GDP based on ESA 1995 at chain linked 2000 prices.


Related information about Italy Real GDP Growth

• In the latest reports, Nominal GDP of Italy reached 501.3 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 5.6 % in Dec 2022.
• GDP Per Capita in Italy reached 35,643.1 USD in Dec 2021.
• Its Gross Savings Rate was measured at 20.3 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 21.8 % in Dec 2022.
• Public Consumption accounted for 21.1 % in Dec 2022.
• Private Consumption accounted for 58.6 % in Dec 2022.

The share of Italian households that were able to save money decreased by over five percentage points in 2021. Meanwhile, over 55 percent of respondents saved money in 2020, which represents the highest rate since 2003, when this figures reached 55.5 percent. A glance at the graph reveals the effects of the economic crisis that hit Italy in 2008. In fact, in the following years, the share of households saving money decreased, reaching 39 percent in 2013.

IT: Lending Rate: Households: House Purchase: New Business data was reported at 2.012 % pa in 2017. This records a decrease from the previous number of 2.284 % pa for 2016. IT: Lending Rate: Households: House Purchase: New Business data is updated yearly, averaging 4.412 % pa from Dec 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 5.627 % pa in 2008 and a record low of 2.012 % pa in 2017. IT: Lending Rate: Households: House Purchase: New Business data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Key information about Italy Public Consumption: % of GDP

• Italy Public Consumption accounted for 20.6 % of its Nominal GDP in Dec 2024, compared with a share of 16.8 % in the previous quarter.
• Italy Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1980 to Dec 2024, with an average number of 18.8 %.
• The data reached an all-time high of 23.6 % in Dec 1990 and a record low of 15.9 % in Sep 1995.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Italian National Institute of Statistics provides Government Consumption Expenditure in EUR and Nominal GDP in EUR, based on ESA 2010. Government Consumption Expenditure prior to Q1 1995 includes NPISHs Consumption. Government Consumption as % of Nominal GDP prior to Q1 1995 is based ESA 1995 and in accordance to SIC 2007, and prior to Q1 1990 is based on ESA 1995 only.


Related information about Italy Public Consumption: % of GDP

• In the latest reports, Italy GDP expanded 1.9 % YoY in Mar 2023.
• Italy Nominal GDP reached 538.7 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.7 % in Mar 2023.
• Italy GDP Per Capita reached 35,643.1 USD in Dec 2021.
• Its Gross Savings Rate was measured at 25.0 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 19.5 % in Mar 2023.
• Private Consumption accounted for 62.0 % in Mar 2023.

Italy IT: Deposit Rate: Households: New Business: Up to 1 Year data was reported at 0.853 % pa in 2017. This records a decrease from the previous number of 1.097 % pa for 2016. Italy IT: Deposit Rate: Households: New Business: Up to 1 Year data is updated yearly, averaging 1.606 % pa from Dec 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 3.135 % pa in 2008 and a record low of 0.853 % pa in 2017. Italy IT: Deposit Rate: Households: New Business: Up to 1 Year data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Italy IT: Lending Rate: Households: Stocks: Up to 1 Year data was reported at 4.487 % pa in 2017. This records a decrease from the previous number of 5.182 % pa for 2016. Italy IT: Lending Rate: Households: Stocks: Up to 1 Year data is updated yearly, averaging 7.007 % pa from Dec 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 8.661 % pa in 2008 and a record low of 4.487 % pa in 2017. Italy IT: Lending Rate: Households: Stocks: Up to 1 Year data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.IFS: Lending, Saving and Deposit Rates: Annual.

Key information about Italy Nominal GDP

• Italy Nominal GDP reached 538.7 USD bn in Mar 2023, compared with 500.7 USD bn in the previous quarter.
• Nominal GDP in Italy is updated quarterly, available from Mar 1980 to Mar 2023, with an average number of 334.1 USD bn.
• The data reached an all-time high of 647.5 USD bn in Jun 2008 and a record low of 97.9 USD bn in Mar 1985.

CEIC converts quarterly Nominal GDP into USD. Italian National Institute of Statistics provides Nominal GDP in EUR based on ESA 2010. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 1995 is based on ESA 1995 and in accordance to SIC 2007, and prior to Q1 1990 is based on ESA 1995 only.


Related information about Italy Nominal GDP

• In the latest reports, Italy GDP expanded 1.9 % YoY in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.7 % in Mar 2023.
• Italy GDP Per Capita reached 35,643.1 USD in Dec 2021.
• Its Gross Savings Rate was measured at 19.2 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 19.5 % in Mar 2023.
• Public Consumption accounted for 18.8 % in Mar 2023.
• Private Consumption accounted for 62.0 % in Mar 2023.

Italy IT: Deposit Rate: Corporations: Stocks: Up to 2 Years data was reported at 0.433 % pa in Jun 2018. This records a decrease from the previous number of 0.437 % pa for Mar 2018. Italy IT: Deposit Rate: Corporations: Stocks: Up to 2 Years data is updated quarterly, averaging 2.027 % pa from Mar 2003 (Median) to Jun 2018, with 62 observations. The data reached an all-time high of 4.807 % pa in Sep 2008 and a record low of 0.433 % pa in Jun 2018. Italy IT: Deposit Rate: Corporations: Stocks: Up to 2 Years data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Italy – Table IT.IMF.IFS: Lending, Saving and Deposit Rates: Quarterly.

The net saving of households and non-profit institutions serving households (NPISHs) in France decreased by *** percent of household and NPISH net disposable income (****** percent) in 2022 in comparison to the previous year. Nevertheless, the last two years in this industry recorded a significant higher net saving than the preceding years.Find more key insights for the net saving of households and non-profit institutions serving households (NPISHs) in countries like Denmark, Italy, and Spain.