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

Latest publication: Quarterly sector accounts 2020, 1st quarter

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

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 in databases

Appendix tables

Revisions in these statistics

Updated 16.3.2018

Referencing instructions:

Official Statistics of Finland (OSF): Quarterly sector accounts [e-publication].
ISSN=2243-4992. 4th quarter 2017. Helsinki: Statistics Finland [referred: 7.8.2020].
Access method: http://www.stat.fi/til/sekn/2017/04/sekn_2017_04_2018-03-16_tie_001_en.html