The table below shows personal savings as a percentage of personal income for selected countries in 1970, 1990 and 2000. Summarise the information by choosing and reporting the key features, and make any relevant comparisons.

The table data gives information on the

ratio

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of

savings

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from the personal proceeds of people in seven different countries in three different

years

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- 1990, 2000 and 2010. As is obvious, Japanese, French and Italian citizens amassed the highest

ratio

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of their earnings and the

savings

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ratio

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decreased over time. Now, turning back to the details, the percentages of income devoted to

savings

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by the people in these countries considerably decreased in 2010 compared to that of 1990 except in the UK. The highest

savings

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were done by the Italians in 1990 and the percentage of their

savings

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was almost 30 which reduced to only about 17 percent in 2000 and 11.4 in 2010. French and Japanese

also

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saved over 17% of their income in 1990 which became 13.6% after 20

years

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for both of these citizens. Interestingly, Canada is the only country where people managed to almost double their

savings

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in 2000 ten

years

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earlier but after a

further

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ten

years

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, their

savings

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ratio

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became very little and lower than the accumulation of society in any other country. Compared to the accumulation

ratio

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in 2000, only French Japanese and British had been able to save more in 2010 and in the remaining countries, society's individual accumulation in terms of their income plunged.