Income and saving of households and nonprofit organizations serving households

This table refers to households, including nonprofit organizations serving households (S.14+S.15), and shows their current transactions, their (disposable) income, consumption and saving. As the unadjusted quarterly figures as such do not allow for meaningful interpretation – given strong seasonal fluctuations, which moreover tend to vary heavily across components – the statistics are shown on a rolling four-quarter basis. The data are presented in nominal terms, i.e. at current prices, and they are based on the quarterly national accounts as submitted to Eurostat for each institutional sector.

The disposable income of households is the net balance of their primary income and transfers paid and received, and it is composed of the following components: Mixed income of the self-employed and operating surplus,Compensation of employees (i.e. gross wages plus social security contributions paid by employers), Property income,Social benefits (e.g. pensions)less: Income taxes and social security contributions paid, any other current transfers.

Savingas defined in the national accounts is that part of households’ disposable income that is not used for consumption expenditure and that may therefore be spent on either capital or financial investment.

The saving ratio is saving expressed as a percentage of disposable income (including changes in households’ net equity in pension fund reserves).The saving ratio can be calculated either net or gross of consumption of fixed capital with regard to mixed income/operating surplus (as reflected in disposable income or saving).The net saving ratio, which is shown in this table, allows for a more meaningful economic interpretation, whereas the gross saving ratio provides for more meaningful cross-country comparisons.

Statistics Austria.

Regulations (see Statistics Austria).

ESA 2010.

Compensation of employees, gross operating surplus, mixed income, property income, social benefits in cash, taxes, disposable income, adjustment for changes in households’ net equity in pension funds reserves, consumption, saving, consumption of fixed capital, saving ratio.