Norway - Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Norway was 31.92 as of 2019. Its highest value over the past 44 years was 42.11 in 2008, while its lowest value was 25.46 in 1992.
Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
Source: World Bank national accounts data files.
See also:
Year | Value |
---|---|
1975 | 30.42 |
1976 | 28.84 |
1977 | 26.56 |
1978 | 27.29 |
1979 | 27.61 |
1980 | 31.48 |
1981 | 32.14 |
1982 | 30.74 |
1983 | 31.22 |
1984 | 33.69 |
1985 | 32.69 |
1986 | 27.36 |
1987 | 27.24 |
1988 | 26.94 |
1989 | 27.87 |
1990 | 27.58 |
1991 | 26.33 |
1992 | 25.46 |
1993 | 25.51 |
1994 | 26.29 |
1995 | 27.93 |
1996 | 29.86 |
1997 | 31.55 |
1998 | 28.32 |
1999 | 30.35 |
2000 | 37.11 |
2001 | 36.42 |
2002 | 32.64 |
2003 | 31.40 |
2004 | 33.96 |
2005 | 38.41 |
2006 | 40.27 |
2007 | 39.73 |
2008 | 42.11 |
2009 | 35.40 |
2010 | 36.27 |
2011 | 38.29 |
2012 | 38.83 |
2013 | 37.93 |
2014 | 37.66 |
2015 | 34.33 |
2016 | 31.57 |
2017 | 32.62 |
2018 | 34.41 |
2019 | 31.92 |
Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.
Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts