Total euro area economy
Euro area net saving decreased to €868 billion (6.7% of euro area net disposable income) in the four quarters to the second quarter of 2026 compared with €895 billion in the four quarters to the previous quarter. Euro area net non-financial investment declined to €599 billion (4.6% of euro area net disposable income), due to lower net investment by non-financial corporations (see Chart 1 and Table 1 in the Annex).
Euro area net lending to the rest of the world was broadly unchanged at €312 billion, reflecting net saving and net non-financial investment decreasing by similar amounts. Household net lending declined from €715 billion to €703 billion (5.4% of net disposable income). Net lending of NFCs increased from €103 billion to €127 billion (1.0% of net disposable income), and that of financial corporations grew from -€3 billion to €9 billion (0.1% of net disposable income). General government net borrowing increased, contributing more negatively (-€528 billion, 4.0% of net disposable income) to euro area net lending.
