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/en/nasjonalregnskap-og-konjunkturer/statistikker/knri/arkiv
10208
Higher disposable income
statistikk
2008-08-25T10:00:00.000Z
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 accountsQ2 2008

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Higher disposable income

The disposable income of households less dividends went up by 8.7 per cent from 2nd quarter of 2007 to 2nd quarter of 2008 due to an increase in wages and salaries, pensions and social contributions from the government.

Households’ and non-profit institutions serving households’ (NPISHs) total income coming from wages and salaries less taxes were NOK16.5 billion higher than in the first quarter of 2007. Pensions and social contributions from the government sector were about 6.5 per cent higher than in the corresponding quarter of 2007. This was mainly due to the increase in pensions and sickness benefits. Sickness benefits have increased by 11.3 per cent during the first half of this year.

Savings, 1. quarter 2002-2. quarter 2008. Per cent

Disposable income, 1. quarter 2002-2. quarter 2008. NOK million

The real household disposable income grew by 5.6 per cent in the latest quarter compared to the 2nd quarter of 2007.

Property expenditure for the households has recently showed a sharp increase. The expenditures were about NOK 11 billion higher in the second quarter of 2008, compared with the same period of 2007.

Savings, defined as disposable income minus final consumption expenditure and corrected, amounted to NOK 3 billion in the second quarter of 2008. The household saving ratio was 1.2 per cent in the second quarter of 2008.

Disposable income for households and NPISHs. Current prices. NOK million
 
  2006 2007 2nd quarter 2006 3rd quarter 2006 4th quarter 2006 1st quarter 2007 2nd quarter 2007 3rd quarter 2007 4th quarter 2007 1st quarter 2008 2nd quarter 2008
 
Disposable income  862 116  923 459  209 938  218 379  222 412  226 451  225 780  232 810  238 418  234 208  245 768
Disposable income excluding dividends  854 478  909 423  206 882  217 233  220 501  223 644  220 166  230 704  234 909  230 973  239 298
 

Revisions

Quarterly institutional sector accounts are based on preliminary calculations. The uncertainty is greater in the last quarter of the year. New information is continuously integrated in the figures, which means that the previously released data might be revised. Quarterly institutional sector accounts are consolidated against the data from the quarterly national accounts data as well.

 

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