Norway - 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

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts