9108_not-searchable
/en/inntekt-og-forbruk/statistikker/ifformue/aar
9108
Many households have savings
statistikk
2009-04-17T10:00:00.000Z
Income and consumption
en
ifformue, Households' income and wealth, household income, household type (for example single, couples with children, couples without children), wealth, debt, capital accounts, bank deposits, student loanIncome and wealth, Income and consumption
false

Households' income and wealth2007

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Many households have savings

Many households have bank deposits to meet unexpected expenditures. In 2007, almost six out of ten households had bank deposits that were equal to or more than the basic amount of the National Insurance.

Households with bank deposits larger than the basic amount of the National Insurance. Per cent

Having easily accessible money can be an advantage in difficult economic times, or when you face unexpected expenditures. In 2007, 58 per cent of Norwegian households had bank deposits that exceeded NOK 65 000. This amounts to about two months of average pay for Norwegian employees this year.

There are, however, differences among household types in respect of bank savings. More elderly couples are financially secure than young households. Nine out of ten pensioner couples have bank deposits larger than the basic amount of the National Insurance, while this is the case for only one in three households consisting of young people living alone or single parents.

Underlying data

The statistics include all private households excluding student households. In addition to registered cash income received by households, the statistics also include debt and wealth registered in the tax assessment. Thus the valuation of the wealth is based on the assessment value. This means that the statistics show a lower value on some objects than the market value. This primarily applies to real properties (for instance private homes), but also parts of the financial capital (shares and bonds). The property value is also affected by changes in the tax rules. As of 2004, the household income statistics have been based solely on register data, including all persons in private households living in Norway at the end of the year. Persons in student households are not included. See " About the statistics " for more information .

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