IELTS Task 1 : Single

Household savings as a percentage of income for people living in Hong Kong (1980- 2002)

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 make comparation where relevant.
Dec 07,2018
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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 13.596. 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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