5 Countries with the Lowest Saving Rates in Europe

4. Slovak Republic

Gross savings (% of GDP) (2022): 15.49%

Real GDP Growth Rate (2024): 2.1%

The Slovak Republic ranks 4th on our list of countries with the lowest saving rates in Europe. The country had gross savings as a percentage of GDP of 15.49% in 2022. Moreover, the GDP growth rate of the Slovak Republic was measured at 2.1% for 2024.