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/en/nasjonalregnskap-og-konjunkturer/statistikker/knri/arkiv
10200
Higher disposable income
statistikk
2009-08-24T10:00:00.000Z
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, Q2 2009

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Higher disposable income

Households’ and NPISHs’ disposable real income showed a 1.0 per cent rise in the 2n d quarter of 2009 in comparison to the first quarter. The savings ratio was 5.6 per cent in the second quarter.

Savings ratio, seasonally adjusted Q1 2002-Q2 2009

Households’ real disposable income, seasonally adjusted, (2006=100) Q1 2006-Q2 2009

Seasonally-adjusted figures show a 1.0 per cent increase in disposable income from the 1s t to the 2n d quarter of 2009. The increase in the households’ and the non-profit institutions serving households’ (NPISHs) disposable income is mainly due to higher pensions and benefits from the general government and a slight increase in the compensation of employees. Real disposable income grew by 1.0 per cent compared to the previous quarter.

Pensions and social contributions showed a strong increase of 3.3 per cent from the first quarter to the second quarter of 2009. Compensation of employees that constitutes less than 60 per cent of households’ total income increased by 1.1 per cent.

Savings - defined as disposable income minus final consumption expenditure and corrected - of NOK 13 billion were recorded in the 2nd quarter of 2009. The seasonally-adjusted figures also show an increase from the first quarter to the second quarter of 2009.

Statistics Norway has started publishing the seasonally-adjusted series as of the 3rd quarter of 2008. Check the left margin for more information on seasonal adjustment.

Net interest paid as a ratio of disposable income - seasonally adjusted Q1 2002-Q2 2009

Disposable income and savings ratio for households and NPISHs, seasonally adjusted
 
  Disposable
income		 Disposable
income		 Household
saving ratio
 
1st quarter 2006 -8.3 -8.2 1.2
2nd quarter 2006 0.1 -1.3 -1.0
3rd quarter 2006 2.7 2.5 0.6
4th quarter 2006 0.8 0.1 -0.5
       
1st quarter 2007 2.8 4.0 0.7
2nd quarter 2007 0.6 -0.3 0.1
3rd quarter 2007 1.6 1.9 0.8
4th quarter 2007 1.9 0.6 0.1
       
1st quarter 2008 -0.2 -1.4 -1.8
2nd quarter 2008 5.7 4.8 3.3
3rd quarter 2008 -0.1 -1.2 2.9
4th quarter 2008 1.1 -0.4 3.8
       
1st quarter 2009 0.7 0.7 5.0
2nd quarter 2009 2.1 1.0 5.6
 

Revisions in the figures

Quarterly institutional sector accounts are based on preliminary calculations. The uncertainty is greater in the last quarter. New information is continuously being integrated into the figures, which could cause revisions in the previously released data. Quarterly sector accounts are also consolidated against the data from the quarterly national accounts data. When the last quarters of the unadjusted series are updated, seasonally-adjusted series may also be revised backwards.

Tables

Published tables