Europe & Central Asia (IDA & IBRD countries) vs Norway: Adjusted savings: net national savings
Adjusted savings: net national savings over time
- Europe & Central Asia (IDA & IBRD countries)
- Norway
How they compare
Norway currently reports 21.5% against 12.7% in Europe & Central Asia (IDA & IBRD countries), a difference of 8.8%.
That makes Norway's figure about 1.7 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 7 times across 41 shared years of data; in 1975 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Europe & Central Asia (IDA & IBRD countries) ranks 27th and Norway ranks 27th of 46 groups.
Across the 6 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 2 and Norway in 4.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 18.0% | 11.4% | 6.7% | Europe & Central Asia (IDA & IBRD countries) |
| 1980s | 17.2% | 13.9% | 3.4% | Europe & Central Asia (IDA & IBRD countries) |
| 1990s | -1.1% | 11.8% | 12.9% | Norway |
| 2000s | 10.0% | 22.0% | 11.9% | Norway |
| 2010s | 11.8% | 18.8% | 7.0% | Norway |
| 2020s | 11.7% | 16.0% | 4.3% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: net national savings, Europe & Central Asia (IDA & IBRD countries) or Norway?
- Norway, at 21.5% against 12.7% in Europe & Central Asia (IDA & IBRD countries) as of 2021.
- What is the difference in adjusted savings: net national savings between Europe & Central Asia (IDA & IBRD countries) and Norway?
- 8.8%, with Norway ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Norway?
- 41 years are reported by both, from 1975 to 2021.
- How do Europe & Central Asia (IDA & IBRD countries) and Norway rank globally for adjusted savings: net national savings?
- Europe & Central Asia (IDA & IBRD countries) ranks 27th and Norway ranks 27th of 46 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: net national savings (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.