Norway - Gross savings

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

Gross savings (current US$)

The latest value for Gross savings (current US$) in Norway was $115,744,000,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $199,956,000,000 in 2013 and $9,892,678,000 in 1975.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $9,892,678,000
1976 $10,200,470,000
1977 $10,772,140,000
1978 $12,316,510,000
1979 $14,166,800,000
1980 $19,682,450,000
1981 $19,822,700,000
1982 $18,645,210,000
1983 $18,681,460,000
1984 $20,358,510,000
1985 $21,009,310,000
1986 $21,190,120,000
1987 $25,294,750,000
1988 $26,782,770,000
1989 $27,831,720,000
1990 $32,085,260,000
1991 $31,050,120,000
1992 $32,589,110,000
1993 $30,041,450,000
1994 $32,840,930,000
1995 $41,923,320,000
1996 $48,251,200,000
1997 $50,342,000,000
1998 $43,125,170,000
1999 $48,779,180,000
2000 $62,592,610,000
2001 $63,323,820,000
2002 $64,023,630,000
2003 $72,282,790,000
2004 $90,103,320,000
2005 $120,043,000,000
2006 $139,369,000,000
2007 $158,740,000,000
2008 $193,634,000,000
2009 $137,246,000,000
2010 $156,985,000,000
2011 $192,336,000,000
2012 $199,137,000,000
2013 $199,956,000,000
2014 $193,034,000,000
2015 $137,381,000,000
2016 $120,112,000,000
2017 $132,684,000,000
2018 $157,410,000,000
2019 $132,539,000,000
2020 $115,744,000,000

Gross savings (current LCU)

The value for Gross savings (current LCU) in Norway was 1,089,820,000,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 1,280,140,000,000 in 2018 and a minimum value of 51,708,040,000 in 1975.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 51,708,040,000
1976 55,658,890,000
1977 57,345,470,000
1978 64,566,840,000
1979 71,742,060,000
1980 97,215,530,000
1981 113,772,000,000
1982 120,336,000,000
1983 136,307,000,000
1984 166,156,000,000
1985 180,621,000,000
1986 156,695,000,000
1987 170,423,000,000
1988 174,543,000,000
1989 192,164,000,000
1990 200,844,000,000
1991 201,295,000,000
1992 202,525,000,000
1993 213,117,000,000
1994 231,778,000,000
1995 265,593,000,000
1996 311,211,000,000
1997 356,089,000,000
1998 325,384,000,000
1999 380,439,000,000
2000 550,928,000,000
2001 569,389,000,000
2002 511,152,000,000
2003 511,777,000,000
2004 607,369,000,000
2005 773,377,000,000
2006 893,815,000,000
2007 930,484,000,000
2008 1,092,100,000,000
2009 863,046,000,000
2010 948,843,000,000
2011 1,077,970,000,000
2012 1,158,480,000,000
2013 1,174,740,000,000
2014 1,216,430,000,000
2015 1,107,870,000,000
2016 1,008,940,000,000
2017 1,097,520,000,000
2018 1,280,140,000,000
2019 1,166,350,000,000
2020 1,089,820,000,000

Gross savings (% of GNI)

Gross savings (% of GNI) in Norway was 30.56 as of 2020. Its highest value over the past 45 years was 42.08 in 2008, while its lowest value was 25.44 in 1992.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD 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 32.12
1982 30.72
1983 31.21
1984 33.68
1985 32.68
1986 27.35
1987 27.22
1988 26.93
1989 27.86
1990 27.56
1991 26.31
1992 25.44
1993 25.49
1994 26.27
1995 27.91
1996 29.85
1997 31.53
1998 28.30
1999 30.32
2000 37.06
2001 36.38
2002 32.66
2003 31.41
2004 34.00
2005 38.44
2006 40.30
2007 39.71
2008 42.08
2009 35.34
2010 36.22
2011 38.23
2012 38.76
2013 37.85
2014 37.54
2015 34.19
2016 31.20
2017 32.12
2018 34.72
2019 31.76
2020 30.56

Gross savings (% of GDP)

Gross savings (% of GDP) in Norway was 31.96 as of 2020. Its highest value over the past 45 years was 41.89 in 2008, while its lowest value was 24.91 in 1992.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 30.09
1976 28.38
1977 25.95
1978 26.47
1979 26.66
1980 30.54
1981 31.17
1982 29.76
1983 30.31
1984 32.81
1985 32.12
1986 26.93
1987 26.84
1988 26.28
1989 27.12
1990 26.78
1991 25.48
1992 24.91
1993 24.91
1994 25.83
1995 27.58
1996 29.51
1997 31.20
1998 27.97
1999 30.06
2000 36.55
2001 36.40
2002 32.74
2003 31.58
2004 34.06
2005 38.86
2006 40.33
2007 39.59
2008 41.89
2009 35.54
2010 36.61
2011 38.60
2012 39.08
2013 38.25
2014 38.73
2015 35.61
2016 32.57
2017 33.30
2018 36.02
2019 32.73
2020 31.96

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts