South Korea vs Norway: Gross domestic savings (% of GDP)
South Korea
34.3%
in 2025
Norway
34.9%
in 2025
South Korea rank
28th
Norway rank
27th
Gross domestic savings (% of GDP) over time
- South Korea
- Norway
How they compare
Norway currently reports 34.9% against 34.3% in South Korea, a difference of 0.6%.
The two have swapped places 8 times across 56 shared years of data; in 1970 it was Norway ahead.
South Korea ranks 28th and Norway ranks 27th of 188 countries.
Across the 6 decades both report, South Korea averaged higher in 3 and Norway in 3.
Head to head by decade
| Decade | South Korea | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 22.8% | 31.4% | 8.6% | Norway |
| 1980s | 33.5% | 32.6% | 0.9% | South Korea |
| 1990s | 38.0% | 29.7% | 8.2% | South Korea |
| 2000s | 34.0% | 36.8% | 2.8% | Norway |
| 2010s | 35.0% | 34.2% | 0.8% | South Korea |
| 2020s | 34.2% | 37.5% | 3.4% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, South Korea or Norway?
- Norway, at 34.9% against 34.3% in South Korea as of 2025.
- What is the difference in gross domestic savings between South Korea and Norway?
- 0.6%, with Norway ahead.
- How many years of comparable data are there for South Korea and Norway?
- 56 years are reported by both, from 1970 to 2025.
- How do South Korea and Norway rank globally for gross domestic savings?
- South Korea ranks 28th and Norway ranks 27th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.