spanish savings rate

Household savings rate at historical lows

Should We Be Concerned About The Low Household Savings Rate?

The household savings rate lay below 6% of gross disposable income in 2017, a figure similar to 2007 just before the real estate bubble burst, and well below the peak reached in 2009 of 13.4%. What factors explain the sharp decline that has occurred in the last few years?  CaixaBank Research focuses on this issue.