[NAH11] T11 Savings and Capital Formation (excluding FISIM)

FISIM: an acronym for Financial Intermediation Services Indirectly Measured.
Central and local government: See explanatory note to Table 10 in Appendix 2 of the Annual NIE year book. Background Information on the Historical 1970-1995 series.

In this table the total amount available for investment, (i.e. current savings, the provision for depreciation, net foreign capital transfers and net foreign disinvestment) is equated to gross domestic physical capital formation. The figures for capital formation are obtained by adding figures for imported and home produced capital goods ready for use to the value of the physical changes in stocks, including the value of the changes in agricultural stocks. Since personal savings (item 105) is a residual figure it includes the effect of the changes in agricultural and certain other stocks. Personal savings accordingly includes a substantial non-monetary element.

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