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Households’ saving rate on level with the previous quarter in April to June 2024

Release related to topics:National economy
release | Quarterly sector accounts 2024, 2nd quarter

According to Statistics Finland, households’ seasonally adjusted saving rate was 3.0 per cent and the investment rate 9.3 per cent in April to June 2024. The revisions to household final consumption expenditure have a significant impact on household’s savings and saving rate, which are now significantly higher than previously.

Information in 2010Q1 to 2024Q2 by Information, Sector Line chart with 4 lines. The chart has 1 X axis displaying values. Data ranges from 2010Q1 to 2024Q2. The chart has 1 Y axis displaying %. Data ranges from -1.9 to 32.6. Information includes Seasonally and per working day adjusted series of profit share, %S11 Non-financial corporations, Seasonally and per working day adjusted series of investment rate, %S11 Non-financial corporations, Seasonally and per working day adjusted series of saving rate, %S14 Households, Seasonally and per working day adjusted series of investment rate, %S14 Households. Source: Statistics Finland, quarterly sector accounts.

Key selections

  • Non-financial corporations’ seasonally adjusted investment rate declined by 2.0 percentage points from the previous quarter and the profit share increased in April to June 2024.
  • Seasonally adjusted value added of financial and insurance corporations decreased by 2.4 per cent and their operating surplus went down by 5.5 per cent compared to the previous quarter.
  • The general government deficit was EUR 2.0 billion, while in the corresponding quarter one year before it was EUR 0.3 billion.
  • Households' adjusted disposable income grew at current prices by 1.2 per cent and adjusted for price stayed the same compared to the quarter last year.
  • Exports of goods and services at current prices increased by 1.4 per cent and imports contracted by 2.0 per cent from the quarter one year ago.

Data revisions

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Revisions in these Statistics

Revisions from the previous release

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Updated database tables
11ii
Classifications used:
  • Sector
  • Transaction
Reference period cycle:
quarter
Updating frequency:
quarter
Statistics:
Updated:
11ik
Classifications used:
  • Sector
  • Transaction
Reference period cycle:
quarter
Updating frequency:
quarter
Statistics:
Updated:
122a
Classifications used:
  • Sector
Reference period cycle:
quarter
Updating frequency:
quarter
Statistics:
Updated:

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Referencing instructions

Quarterly sector accounts [online publication].
Reference period: 2024, 2nd quarter. ISSN=2243-4992. Helsinki: Statistics Finland [Referenced: 21.11.2024].
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Statistical experts

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Service email
kansantalous.suhdanteet@stat.fi
Elina Ikola
Senior Statistician
029 551 3364
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Kristian Karvonen
Senior Statistician
029 551 3790

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Katri Kaaja
Head of Department in charge
029 551 3488