Total euro area economy
Euro area net saving increased to €861 billion (7.0% of euro area net disposable income) in the four
quarters to the second quarter of 2025 compared with €857 billion in the four quarters to the previous
quarter. Euro area net non-financial investment increased to €545 billion (4.4% of net disposable
income), mainly due to increased investment by non-financial corporations (see Chart 1 below and
Table 1 in the Annex).
Euro area net lending to the rest of the world decreased to €348 billion (from €389 billion in the four
quarters to the previous quarter) reflecting net saving growing less than net non-financial investment.
Non-financial corporations’ net lending decreased to €99 billion (0.8% of net disposable income) from
€158 billion, while that of households increased to €597 billion (4.8% of net disposable income) from
€592 billion. Financial corporations’ net lending was broadly unchanged at €93 billion (0.8% of net
disposable income). General government net borrowing decreased, contributing less negatively (-€442
billion, -3.6% of net disposable income) to euro area net lending.