Household savings rate rose by 1.6 points in 2024 to 13.6%

The household savings rate stood at 13.6% of gross disposable income as a whole in 2024, after increasing by 1.6 points.

Morocco has maintained a robust national savings rate in the fourth quarter of 2024, according to the report published by the High Planning Commission (HCP). Despite a slowdown in final consumption and GDP growth, the country managed to raise its savings rate to 28.8 per cent of GDP, exceeding the 28.2 per cent recorded in the same period of the previous year. The HCP report notes that GDP growth at current prices slowed to 6.2 per cent, compare…

The savings rate of Spanish households in 2024 reached its highest rate since 2021, accounting for 13.6% of their disposable income.