ECB-Euro area economic and financial developments by institutional sector: third quarter of 2019-continued

January 28, 2020--Euro area net saving increased to €847 billion in the four quarters to the third quarter of 2019, compared with €823 billion in the four quarters to the previous quarter.
Euro area net non-financial investment decreased slightly to €582 billion (from €585 billion previously), due to decreased investment by non-financial corporations, which was partly offset by increased investment by households and other sectors. Euro area net lending to the rest of the world increased to €277 billion (from €251 billion previously) in line with the higher net saving and lower net non-financial investment.

The household debt-to-income ratio[1] stood broadly unchanged, at 93.6% in the third quarter of 2019 compared with the third quarter of 2018.

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Source: ECB


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