15 
Table 6 
Gross Personal Gross Saving Net Saving Saving 
Saving billions Rate p.c. Rate p.c gross of debt 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
96.2 
105.0 
116.5 
107.1 
103.3 
109.9 
125.5 
145.6 
154.4 
185.7 
208.2 
187.6 
224.1 
189.7 
188.3 
176.0 
10.9 
10.8 
10.9 
9.2 
8.1 
7.7 
7.8 
8.2 
8.4 
9.1 
9.6 
7.7 
8.4 
6.7 
6.2 
5.5 
8.6 
8.5 
8.6 
6.9 
5.6 
5.2 
5.2 
6.0 
6.7 
6.8 
5.4 
6.1 
4.4 
4.0 
3.2 
18.8 
16.0 
15.6 
17.1 
18.8 
19.3 
18.6 
15.5 
15.2 
14.0 
16.2 
17.3 
17.7 
15.9 
Source:Co.1-3: Scitovsky up to 1980, from 1980 own 
calculation.Col 4: Col 2 plus line 8 of table 5.