Household savings

Net household saving is defined as the subtraction of household consumption expenditure from household disposable income, plus the change in net equity of households in pension funds. Household saving is the main domestic source of funds to finance capital investment, a major impetus for long-term economic growth. This indicator is measured as a percentage of household disposable income. All OECD countries compile their data according to the 2008 System of National Accounts (SNA).

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Keywords: household savings