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Personal Savings

Volume 28: debated on Monday 26 July 1982

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asked the Chancellor of the Exchequer whether he will bring up to date the information on personal savings given in the reply of 9 June 1980, Official Report, c. 25.

The following table provides the latest estimates of personal saving as a percentage of gross national product at factor cost in each year from 1969 to 1981

Personal saving

*

as a percentage of gross national product at factor cost†

Percentage

19696·3
19707·3
19716·0
19727·9
19739·2
19749·7
19759·7
19768·9
19778·2
197810·0
197911·7
198012·7
198111·1

* Before providing for depreciation, stock appreciation and additions to tax reserves.

† Income-based.

Personal saving is defined as in the United Kingdom national accounts, that is, as the difference between personal disposable income and consumers' expenditure.