Sparquote

savings rate

noun SHPAR-kvoh-teh Rare

Usage Note

Sparquote is the percentage of disposable income that households save rather than spend. Germany has historically high Sparquoten compared to other countries. Economists monitor it as an indicator of consumer confidence and economic outlook.

Examples

"Die deutsche Sparquote liegt traditionell über dem europäischen Durchschnitt."

Natural Translation

The German savings rate is traditionally above the European average.

Literal Translation

The German savings-rate lies traditionally above the European average.

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