German households became the European runner-up in savings in 2025, Germans saved more than the average of European countries. According to the Federal Statistical Office, German households spent 18.9% of their income. In this way, the gross savings rate, i.e. the portion of income saved by households, was significantly higher than the average in the European Union, i.e. 14.3%. In Europe, only the Swiss saved more than the Germans. The savings rate in Switzerland reached 27.4%. Of course, in this country, private savings for retirement is much more important than in Germany. Among the EU member states, Italian households had the lowest amount of savings. Their savings rate was 10.8%. This figure was almost equal to the savings of Americans, known for their consumerism; Americans put aside only 10.7% of their income for the future. In the same year, the savings rate was 17.4% in the Netherlands and 15.7% in Austria.

German households became the European runner-up in savings in 2025, Germans saved more than the average of European countries. According to the Federal Statistical Office, German households spent 18.9% of their income. In this way, the gross savings rate, i.e. the portion of income saved by households, was significantly higher than the average in the European Union, i.e. 14.3%. In Europe, only the Swiss saved more than the Germans. The savings rate in Switzerland reached 27.4%. Of course, in this country, private savings for retirement is much more important than in Germany. Among the EU member states, Italian households had the lowest amount of savings. Their savings rate was 10.8%. This figure was almost equal to the savings of Americans, known for their consumerism; Americans put aside only 10.7% of their income for the future. In the same year, the savings rate was 17.4% in the Netherlands and 15.7% in Austria.