Quarterly National Sector Accounts, Q3 2015, INE

Page created: Wednesday, 23 December 2015 12:13GMT

Press Release:  23 December 2015 - 7 Page(s)
Tags:
GDP   Gross Domestic Product   National Accounts

The current saving in the economy increased in the 3rd quarter as the result of the slightly higher growth of disposable income higher than the increase in final consumption expenditure in the economy. This increase was offset by the decrease in the balance of capital transfers so that the net lending of the economy stood at 1.3% of GDP.
The net lending of Households decreased to 1.3% of GDP in the year ending in the 3rd quarter of 2015 (0.6 p.p. less than in the previous quarter). The Households saving rate stood at 4.0% (0.8 p.p. less than in the previous quarter), reflecting the combined effects of the increase in private consumption and a slight decline in the disposable income of households (change rates of 0.8% and -0.1%, respectively). The net lending of the Non-financial Corporations steadied at 0.6% of GDP, just as the rate of investment in this sector (20.4% of GDP).



Original title:  Net lending of the Portuguese economy stood at 1.3% of GDP - 3rd Quarter 2015

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