Published: 16 March 2018
Saving rate of the households sector decreasing in the last quarter of 2017
Households’ saving rate weakened in October to December from the previous quarter. The saving rate decreased because households’ consumption expenditure grew and disposable income declined slightly. Households' investment rate continued growing. The profit share of the non-financial corporations sector improved compared to the previous quarter as the sector's value added grew more than compensation of employees paid. The investment rate of non-financial corporations decreased from the previous quarter. These data derive from Statistics Finland’s quarterly sector accounts.
Key indicators for households and non-financial corporations, seasonally adjusted
![Key indicators for households and non-financial corporations, seasonally adjusted](sekn_2017_04_2018-03-16_tie_001_en_001.png)
In October to December, households' saving rate fell by 1.0 percentage point to -2.0 per cent. The saving rate refers to the share of households’ savings in disposable income. The investment rate of households grew by 0.3 percentage points and was 12.7 per cent. Most of households' investments were investments in dwellings. Households' adjusted disposable income fell from the corresponding quarter in 2016 by 0.3 per cent adjusted for price changes. Adjusted income is the indicator recommended by the OECD for evaluating the economic well-being of households. Adjusted disposable income is derived by adding individual services produced by the public sector, such as education, health and social services, to the disposable income of households.
In the fourth quarter of 2017, the profit share of non-financial corporations, or the share of profits in value added, grew to 29.6 per cent from 29.4 per cent in the previous quarter. The investment rate of non-financial corporations, or the proportion of investments in value added, declined by 0.9 percentage points to 27.4 per cent.
The key figures were calculated from seasonally adjusted time series. Sector accounts are calculated only at current prices. However, a volume indicator describing the development adjusted for price changes is calculated for households' adjusted disposable income in a separate Appendix table. The profit share, saving rate and investment rate are calculated from net figures, which means that consumption of fixed capital is taken into account. Households do not include non-profit institutions serving households.
Source: Sector accounts, Statistics Finland
Inquiries: Pekka Tamminen 029 551 2460, Katri Soinne 029 551 2778, kansantalous.suhdanteet@stat.fi
Director in charge: Ville Vertanen
Publication in pdf-format (375.7 kB)
- Tables
-
Tables in databases
Pick the data you need into tables, view the data as graphs, or download the data for your use.
Appendix tables
- Figures
-
- Appendix figure 1. Volume development of households adjusted disposable income (16.3.2018)
- Appendix figure 2. Households saving rate (16.3.2018)
- Appendix figure 3. Households investment rate (16.3.2018)
- Appendix figure 4. Non - financial corporations profit share (16.3.2018)
- Appendix figure 5. Non - financial corporations investment rate (16.3.2018)
- Revisions in these statistics
-
- Revisions in these statistics (16.3.2018)
Updated 16.3.2018
Official Statistics of Finland (OSF):
Quarterly sector accounts [e-publication].
ISSN=2243-4992. 4th quarter 2017. Helsinki: Statistics Finland [referred: 17.8.2024].
Access method: http://www.stat.fi/til/sekn/2017/04/sekn_2017_04_2018-03-16_tie_001_en.html