Official Statistics of Finland

Quarterly sector accounts

Producer: Statistics Finland
Data:

Latest release:
Households' saving rate fell in the third quarter
18 Dec 2020
In July to September, households' saving rate decreased clearly from the previous quarter but was still positive. Both households' disposable income and consumption expenditure grew from the previous quarter. Households investment rate decreased slightly from the previous quarter. Non-financial corporations still received more subsidies on production than usual and therefore the profit share remained high even though it decreased from the previous quarter. In turn, the investment rate of the non-financial corporations sector decreased clearly from the previous quarter. These data derive from Statistics Finlands quarterly sector accounts.

Description: Sector accounts are part of national accounts. Sector accounts form a large, uniform whole consisting of the non-financial and financial accounts of each institutional sector. In national accounts, non-financial accounts refer to accounts that are used to describe the value of production activities of goods and ser-vices, and the income flows generated by this activity and their progress in the economy. Financial accounts are accounts that describe the stocks of financial assets and liabilities and changes in them. Real and financial accounts are linked to each other, because the deficit or surplus formed of income and expenditure in the non-financial accounts is visible in the financial side of the accounting system as an increase/decrease in assets or liabilities. This statistic focuses on the non-financial account side of sector accounts. It describes each sector’s production, income formation, income distribution, income use and the net lending resulting from these transactions, i.e. the change in the sector's financial position. Financial accounts compile statistics on the financial accounts side of sector accounts.
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Keywords: disposable income, expenditure, government finance, income, national accounts, net lending, sector accounts, sectors, households, non-financial corporations.
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Change: In national accounts, taxes on products and property income and expenditure were corrected
29 Mar 2018
In national accounts, taxes on products and property income and expenditure were corrected.

Referencing instructions:

Official Statistics of Finland (OSF): Quarterly sector accounts [e-publication].
ISSN=2243-4992. Helsinki: Statistics Finland [referred: 22.1.2021].
Access method: http://www.stat.fi/til/sekn/index_en.html