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/en/nasjonalregnskap-og-konjunkturer/statistikker/knri/arkiv
10218
Rise in real disposable income for households
statistikk
2007-05-25T10:00:00.000Z
National accounts and business cycles
en
knri, National accounts, non-financial sector accounts, households, non-profit organisations, disposable income, disposable real income, saving rate, income, expenditures, savings, FISIM, net financial investments, dividendsNational accounts , National accounts and business cycles
false

National accounts, non-financial sector accounts, Q1 2007

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Rise in real disposable income for households

The real disposable income of the household sector1 was more than 5 per cent higher in the first quarter of 2007 than in the same period of 2006. The increase was 1.5 per cent compared to the fourth quarter of 2006. The household saving ratio was estimated to be 5.6 per cent in the first quarter of 2007.

Disposable income. 1st quarter 2004-1st quarter 2007. NOK million

According to the estimates of the national accounts, compensation of employees rose by 9 per cent from the first quarter of 2006 to the first quarter of 2007. We have currently little information on due dividends for 2007, however the preliminary estimates show that the amount will be around the same level as last year.

Since the development in income is influenced by dividend income, the Division for National Accounts releases an additional data series which shows the disposable income without dividend payments.

Positive saving ratio in the first quarter

The saving ratio for households and non-profit institutions serving households was 5.6 per cent in the first quarter of 2007, while it was negative for the last two quarters.

Revisions of 2006

Quarterly institutional sector accounts are based on preliminary calculations, and the greatest uncertainty is associated with the last quarter. New information is integrated in the figures continuously.

New information has resulted in a revision of the figures for compensation of employees for 2006, resulting in the saving ratio for 2006 being revised to 1.3 per cent.

Disposable income for households and NPISHs. Current prices. NOK million
 
  2005 2006 1. quarter 2005 2. quarter 2005 3. quarter 2005 4. quarter 2005 1. quarter 2006 2. quarter 2006 3. quarter 2006 4. quarter 2006 1. quarter 2007
 
Disposable income  885 016  864 351  2209 277  234 258  213 799  227 682  210 542  215 492  215 741  222 577  223 485
Disposable income excluding dividends  802 063  828 629  193 029  199 670  202 365  207 000  203 398  201 203  210 382  213 646  216 289
 
1 This sector includes households and non-profit institutions serving households.2 Corrected 25. May 2007 at 12:48 p.m.

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