Norway vs Venezuela: Gross domestic savings

Norway
1.93 trillion current LCU
in 2025
Venezuela
1.77 trillion current LCU
in 2025
Norway rank
54th
Venezuela rank
56th

Gross domestic savings over time

  • Norway
  • Venezuela
01.0T2.0T3.0T196019922025

How they compare

Norway currently reports 1.93 trillion current LCU against 1.77 trillion current LCU in Venezuela, a difference of 157.95 billion current LCU.

That makes Norway's figure about 1.1 times Venezuela's.

Across all 56 years both countries report, Norway has been ahead every year.

Norway ranks 54th and Venezuela ranks 56th of 187 countries.

Norway has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Norway Venezuela Difference Ahead
1970s 52.42 billion current LCU 0.0003 current LCU 52.42 billion current LCU Norway
1980s 166.82 billion current LCU 0.0014 current LCU 166.82 billion current LCU Norway
1990s 287.75 billion current LCU 0.2164 current LCU 287.75 billion current LCU Norway
2000s 738.73 billion current LCU 3.2 current LCU 738.73 billion current LCU Norway
2010s 1.10 trillion current LCU 43.53 million current LCU 1.10 trillion current LCU Norway
2020s 1.93 trillion current LCU 476.91 billion current LCU 1.45 trillion current LCU Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings, Norway or Venezuela?
Norway, at 1.93 trillion current LCU against 1.77 trillion current LCU in Venezuela as of 2025.
What is the difference in gross domestic savings between Norway and Venezuela?
157.95 billion current LCU, with Norway ahead.
How many years of comparable data are there for Norway and Venezuela?
56 years are reported by both, from 1970 to 2025.
How do Norway and Venezuela rank globally for gross domestic savings?
Norway ranks 54th and Venezuela ranks 56th of 187 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Venezuela: Gross domestic savings. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-current-lcu/norway/venezuela-rb/

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About this data

Indicator
Gross domestic savings (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,736 data points, 1960–2025
Last refreshed

Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.