pull down to refresh
China ain't part of the OECD!
DefinitionDefinition
Net household saving represents the portion of household income that is not spent on final consumption.
It is calculated as household net disposable income plus the adjustment for the change in pension entitlements, minus household final consumption expenditure. The adjustment reflects (mandatory) savings through employment-related pension schemes. Households also include non-profit institutions serving households (NPISHs). All OECD countries compile their data according to the 2008 System of National Accounts (SNA).
The indicator is measured as a percentage of household and NPISH net disposable income, at current prices.
https://www.oecd.org/en/data/indicators/household-savings.html
reply
Savings as in money in a bank account?
Surprised not to see China in this list. They generally love keeping money "safe" in a bank account until they have enough to buy property.