Source
Source Contact person/organisation Contact person/organisationIn this dataset, almost all OECD countries compile their data according to 2008 System of National Account (SNA).
The link to the file "ANA_changes.xls" is available for users to provide more information on where OECD countries and non member countries stand regarding the change over the 2008 SNA.
The readers' guide gives general information on the dataset and withheld criteria for this dataset.
Data Characteristics Data Characteristics Other data characteristics Other data characteristicsNet financial transactions of households, as a percentage of net household disposable income, measures the financial saving (+) or dissaving (-) in terms of their disposable income, and represents the part of disposable income that can be used to acquire financial assets (bank accounts, savings accounts, stock market shares, etc.) or reduce debt (mortgages, consumer loans, etc.) during the year. The financial saving ratio gives an indication about household financial health: high financial savings constitutes a precautionary cushion for households and makes them less vulnerable to adverse changes in personal circumstances. The way in which a particular culture considers debt and how it values individual property has an impact on the behaviour of households; therefore, the household financial saving ratio may vary considerably across countries. A number of other factors can also affect the household financial saving ratio such as consumer confidence, broader economic and financial conditions and access to credit. For example, if households expect a slower growth of their income, or lower returns on assets, or if they face job loss, they will modify their financial behaviour by either reducing their liabilities or increasing their financial assets.
A positive value indicates that the household sector is a net lender; a negative value indicates that it is a net borrower.
Concepts & Classifications Concepts & Classifications Key statistical concept Key statistical conceptDefinition
The item ‘net financial transactions' is the balancing item of the financial accounts of the households. It is calculated as the difference, in a given period, between net acquisition of financial assets and net incurrence of liabilities, which corresponds to the financial transactions taking place between households and the other institutional sectors, including the rest of the world.
Other Aspects Other Aspects Recommended uses and limitations Recommended uses and limitationsComparability
Institutional differences in the set-up of pension systems and the recording of the corresponding transactions in pension entitlements may affect a straightforward interpretation of the total amount of net financial transactions acquired by households.
Other comments Other commentsIn this dataset, almost all OECD countries compile their data according to 2008 System of National Account (SNA).
The link to the file "ANA_changes.xls" is available for users to provide more information on where OECD countries and non member countries stand regarding the change over the 2008 SNA.
The readers' guide gives general information on the dataset and withheld criteria for this dataset.
Net financial transactions of households, as a percentage of net household disposable income, measures the financial saving (+) or dissaving (-) in terms of their disposable income, and represents the part of disposable income that can be used to acquire financial assets (bank accounts, savings accounts, stock market shares, etc.) or reduce debt (mortgages, consumer loans, etc.) during the year. The financial saving ratio gives an indication about household financial health: high financial savings constitutes a precautionary cushion for households and makes them less vulnerable to adverse changes in personal circumstances. The way in which a particular culture considers debt and how it values individual property has an impact on the behaviour of households; therefore, the household financial saving ratio may vary considerably across countries. A number of other factors can also affect the household financial saving ratio such as consumer confidence, broader economic and financial conditions and access to credit. For example, if households expect a slower growth of their income, or lower returns on assets, or if they face job loss, they will modify their financial behaviour by either reducing their liabilities or increasing their financial assets.
A positive value indicates that the household sector is a net lender; a negative value indicates that it is a net borrower.
Definition
The item ‘net financial transactions' is the balancing item of the financial accounts of the households. It is calculated as the difference, in a given period, between net acquisition of financial assets and net incurrence of liabilities, which corresponds to the financial transactions taking place between households and the other institutional sectors, including the rest of the world.
Comparability
Institutional differences in the set-up of pension systems and the recording of the corresponding transactions in pension entitlements may affect a straightforward interpretation of the total amount of net financial transactions acquired by households.