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Personal Savings

Volume 461: debated on Monday 4 June 2007

To ask the Chancellor of the Exchequer what the savings ratio was for (a) men and (b) women in each of the last 10 years. (140440)

The information requested falls within the responsibility of the National Statistician who has been asked to reply.

Letter from Dennis Roberts, dated 4 June 2007:

The National Statistician has been asked to reply to your recent Parliamentary Question on the savings ratio for men and women in the last ten years. I am replying in her absence. (140440)

We are unable to provide the saving ratios, broken down by gender. The following table shows the households saving ratio for the whole of the UK.

Households saving ratio

1997

9.5

1998

7.0

1999

5.3

2000

5.1

2001

6.4

2002

5.0

2003

4.9

2004

3.7

2005

5.3

2006

4.9

Note: When using Table A40 of United Kingdom Economic Accounts (weblink follows) the database identifier is NRJS.

The estimates of the households saving ratio are national accounts series for the combined household and non-profit institutions serving households (NPISH) sectors. Estimates for households alone are not available. NPISHs are legal entities which are principally engaged in the production of non-market services for households and whose main resources are voluntary contributions by households. Examples of NPISHs are: charities; relief and aid organisations; educational establishments; trade unions; professional associations, political parties and religious organisations, and sports clubs and associations.

Further data are available from table A40 in United Kingdom Economic Accounts which is available at the following address:

http://www.statistics.gov.uk/statbase/Product.asp?vlnk=1904