Norway - Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Norway was 1,005,040,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,200,910,000,000 in 2018 and a minimum value of 29,549,000,000 in 1970.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

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

Year Value
1970 29,549,000,000
1971 32,519,000,000
1972 36,491,000,000
1973 42,638,000,000
1974 50,853,000,000
1975 54,413,000,000
1976 59,875,000,000
1977 64,093,000,000
1978 73,898,000,000
1979 83,226,000,000
1980 109,210,000,000
1981 127,653,000,000
1982 136,737,000,000
1983 153,623,000,000
1984 183,705,000,000
1985 195,264,000,000
1986 171,705,000,000
1987 185,898,000,000
1988 197,877,000,000
1989 218,753,000,000
1990 231,216,000,000
1991 236,256,000,000
1992 228,614,000,000
1993 242,011,000,000
1994 259,056,000,000
1995 290,327,000,000
1996 332,898,000,000
1997 377,981,000,000
1998 350,212,000,000
1999 402,537,000,000
2000 582,597,000,000
2001 582,897,000,000
2002 524,736,000,000
2003 523,254,000,000
2004 621,708,000,000
2005 768,477,000,000
2006 911,238,000,000
2007 958,728,000,000
2008 1,123,790,000,000
2009 878,014,000,000
2010 951,323,000,000
2011 1,083,300,000,000
2012 1,172,640,000,000
2013 1,188,510,000,000
2014 1,165,590,000,000
2015 1,033,900,000,000
2016 932,063,000,000
2017 1,032,640,000,000
2018 1,200,910,000,000
2019 1,116,700,000,000
2020 1,005,040,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts