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/en/nasjonalregnskap-og-konjunkturer/statistikker/nri/aar
20583
High savings for households
statistikk
2005-06-07T10:00:00.000Z
National accounts and business cycles
en
nri, Annual non-financial sector accounts, national accounts, general government, non-financial enterprises, financial enterprises, households, non-profit organisations, production, production price, operating profit, income, saving, saving rate, disposable income, FISM, net financial investments, dividendsNational accounts , National accounts and business cycles
false

Annual non-financial sector accounts, national accounts, 2004

A of 7 June 2017 the statistics will be published as Quarterly non-Financial sector accounts, national accounts.

The institutional sector accounts record economic transactions of the institutional sectors in national accounts. Non-financial and financial accounts by institutional sector is updated quarterly in StatBank.

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High savings for households

Statistics Norway has revised the institutional sector accounts figures for 2004. According to preliminary figures for 2004, "Households and Non-Profit Institutions Serving Households" (NPISH) had a total saving of NOK 84.7 billion - NOK 5.7 billion more than in 2003.

National disposable income for Norway

The disposable income in Norway increased by 9.1 per cent from 2003 to 2004The growth can mainly be attributed to the strong price growth for exports, in particular petroleum products. The savings rate for Norway increased from 18.9 per cent in 2003, to 22.0 per cent in 2004.

About the revision of 2004

The main situation is the same as before the revision. The imputed social contributions received are revised upwards by NOK 3.2 billion and contributes to an increase in disposable income of NOK 2.2 billion.

The final consumption expenditure of Households and Non-Profit Institutions has been revised up by NOK 0.9 billion in 2004. The revisions contribute to a total increase in saving of NOK 1.1 billion compared to the previous figures. The savings rate for 2004 is 10.3 per cent, compared to 10.1 per cent in 2003.