CSO: Institutional Sectoral Accounts

The CSO has released institutional sectoral accounts for 2009 – the release is here.  These detailed data provide a lot of useful information about the shifts in income and savings in recent years.  Among the highlights:

  • Household net saving ratio jumped from 3.9% in 2008 to 12.3% in 2009. Behind this ratio: net disposable income fell by €2.1 billion but consumption fell by €10 billion.
  • The Net Operating Surplus (profitability) of Financial Corporations and Non-Financial Corporations fell by over 22% and 6% respectively, between 2008 and 2009. Investment by Non-Financial corporations fell from €13bn to €7bn over the same period. Investment by Financial Corporations also declined – from €0.9bn in 2008 to €0.6bn in 2009