FINANCIAL RESOURCES OF HOUSEHOLDS AS A COMPONENT OF ECONOMIC GROWTH OF THE NATIONAL ECONOMY

The financial resources of households, provided they are involved in the financial sector, can be a significant basis for investment, production development, and economic growth. The purpose of the article is to identify the impact of forming investment potential based on the population's savings to ensure the economic growth of the national economy. The composition, size, and structure of households were analyzed in the work. The amount of household savings is mostly influenced by the demographic situation and the number of households. During 2010–2018, the average household size in Ukraine did not change significantly. It amounted to 2.58 people, while the number of households decreased significantly to 2064.4 thousand, reduce the share of people living in urban settlements. In 2019, the downward trend in households' number was maintained with the same structure of urban and rural households. The correlation coefficients calculated in the process of the correlation-regression analysis show that there is a very close direct relationship between the volume of savings and expenditures of households and GDP, the volume of sold industrial products, revenues and expenditures of the state budget; there is a moderate inverse relationship between household savings and expenditures and government budget imports and deficits; there is a weak inverse relationship between household savings and expenditures and public debt. Ukraine has objective preconditions for the formation of household savings and their transformation into investments. The main tasks for increasing the role of household savings in the growth of the national economy are the following: to restore public confidence in financial institutions; strengthening the institutional protection of savings by maintaining the liquidity of banking institutions, and ensuring the functioning of the state deposit guarantee system; ensuring the development of the savings market as a socio-economic mechanism for mobilizing the population's money savings and transforming them into investments for the national economy.