A more recent publication of this set of statistics is available.

Latest publication: Quarterly sector accounts 2020, 1st quarter

Published: 1 October 2012

Households' saving rate grew in the second quarter

In the second quarter of 2012, the key indicators for the household and non-financial corporation sectors have developed differently compared with the general development of these indicators over the past two years. The saving rate of the household sector grew from the respective quarter of the previous year. The profit share of the non-financial corporation sector went down from the previous year's figures. The adjusted income of the household sector increased moderately over the year. These data derive from Statistics Finland’s quarterly sector accounts.

Key indicators for households and non-financial corporations

Key indicators for households and non-financial corporations

Households' saving rate was 0.8 per cent in the second quarter of 2012. Last year the corresponding figure was -0.1 per cent. Saving rate refers to the proportion of savings in disposable income. Over the past two years, saving rate has mostly been in decline but in the latest quarter it grew. In the second quarter, the investment rate of households accounted for 13.6 per cent of disposable income. One year previously, the corresponding figure was 13.0 per cent. Most of households' investments are investments in dwellings.

Household adjusted disposable income, the indicator recommended by the OECD for measuring economic well-being, grew in nominal terms by 2.5 per cent from the corresponding quarter of last year. Adjusted income is derived by adding services produced by the public sector, such as education, health and social services, to the disposable income of the household sector.

In the second quarter of 2012, the profit share of non-financial corporations, or the share of profits in value added, was 24.7 per cent. One year previously, the corresponding figure was 27.6 per cent. The investment rate of non-financial corporations, or the proportion of investments in value added, was 21.9 per cent in the second quarter of 2012. One year ago, the investment rate was almost the same, 22.1 per cent.

These are the first quarterly sector accounts data released by Statistics Finland. The data were previously calculated to be used by the EU only. Sector accounts contain figures only at current prices. Profit share, saving rate and investment rate are calculated from net figures. Households do not include non-profit institutions serving households.

Source: Sector accounts, Statistics Finland

Inquiries: Jesse Vuorinen 09 1734 3363, Erkki Lääkäri 09 1734 3355, jesse.vuorinen@stat.fi

Director in charge: Ari Tyrkkö

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Tables in databases

Appendix tables


Updated 1.10.2012

Referencing instructions:

Official Statistics of Finland (OSF): Quarterly sector accounts [e-publication].
ISSN=2243-4992. 2nd quarter 2012. Helsinki: Statistics Finland [referred: 12.8.2020].
Access method: http://www.stat.fi/til/sekn/2012/02/sekn_2012_02_2012-10-01_tie_001_en.html