10230_not-searchable
/en/nasjonalregnskap-og-konjunkturer/statistikker/knri/arkiv
10230
Significant growth in wages and dividends
statistikk
2005-12-13T10:00:00.000Z
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, Q3 2005

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Significant growth in wages and dividends

The household saving ratio was estimated at 6 per cent in the third quarter of 2005, compared to 6.5 per cent in the same quarter last year. Household income from dividends has increased markedly during the past few years and contributes significantly to household saving.

The high dividends are probably related to an announced change in the Norwegian tax system. Since 2002 the income from dividends has been tax-free. From 2006 onwards, income from dividends above a risk-free rate of return will be taxed as ordinary income.

It is estimated that disposable income of households and non-profit institutions serving households (NPISH) increased by 6.3 per cent in the first three quarters of 2005 compared with the same period last year.

Statistics Norway compiles quarterly non-financial accounts for households and NPISHs based on the definitions used in SNA93 and ESA95. Core macroeconomic variables such as disposable income, savings and net lending are published on a quarterly basis in connection with the quarterly supply and use tables.

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