Irish households saving €1 in every €8 with more than €171bn in deposits

CSO said the rise in household savings was due to a greater increase in household disposable income than in household final consumption.

Finance minister Simon Harris has outlined a plan to encourage more households to invest by putting money into a special savings scheme set to attract only a small flat rate of tax and avoid taxation on capital gains.

Irish households save €1 in every €8, with the seasonally adjusted saving rate in Ireland estimated to be 12.5%.

New figures by the Central Statistics Office (CSO) found that Ireland's saving rate in the first three months of this year was up from a revised 11.7% in the final quarter of 2025.