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The chart shows household savings as a percentage of income for people living
The chart shows household savings as a percentage of income for people living
游客
2024-01-09
9
管理
问题
The chart shows household savings as a percentage of income for people living in Hong Kong.
Summarise the information by selecting and reporting the main features and by making comparisons where relevant.
Write at least 150 words.
选项
答案
The line chart indicates the average percentage of household income saved by inhabitants of Hong Kong for the years 1980 to 2003.
In 1980, the percentage was 15.5%. This then rose to 16.5% in 1981, the highest point during the period shown on the chart. The percentage then fell to 14.5% in 1982 where it remained in 1983. The percentage fell again between 1983 and 1986 (11.5%), before rising slightly to 12% in 1987. The percentage stayed at this level until 1989. From 1989 to 1991, the percentage of income saved rose to 13.5%. Between 1991 and 1996, the percentage fell fairly constantly to 8%. Thereafter, there was a slight rise to 10% in 1998, before the percentage fell to 5.5% in 2001, the lowest point over the period shown in the chart. Between 2001 and 2003, the percentage of household income saved by Hong Kong residents rose to 7%.
In summary, the percentage of household income saved by Hong Kong’s inhabitants fell by over half over the period from 1980 (15.5%) to 2003 (7%). The high point was in 1981 (16.5%) and the low point was in 2001 (5.5%).
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