Norway vs OECD members: Gross domestic savings

Norway
34.9%
in 2025
OECD members
22.6%
in 2024
Norway rank
27th
OECD members rank
24th

Gross domestic savings over time

  • Norway
  • OECD members
01020304050197019972025

How they compare

Norway currently reports 34.9% against 22.6% in OECD members, a difference of 12.3%.

That makes Norway's figure about 1.5 times OECD members's.

Across all 55 years both countries report, Norway has been ahead every year.

Norway ranks 27th and OECD members ranks 24th of 188 countries.

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

Head to head by decade

Decade Norway OECD members Difference Ahead
1970s 31.4% 25.4% 6.0% Norway
1980s 32.6% 24.4% 8.3% Norway
1990s 29.7% 24.6% 5.2% Norway
2000s 36.8% 22.3% 14.5% Norway
2010s 34.2% 22.0% 12.1% Norway
2020s 38.1% 22.9% 15.2% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings, Norway or OECD members?
Norway, at 34.9% against 22.6% in OECD members as of 2025.
What is the difference in gross domestic savings between Norway and OECD members?
12.3%, with Norway ahead.
How many years of comparable data are there for Norway and OECD members?
55 years are reported by both, from 1970 to 2024.
How do Norway and OECD members rank globally for gross domestic savings?
Norway ranks 27th and OECD members ranks 24th 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.

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Norway vs OECD members: Gross domestic savings. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-percent-of-gdp/norway/oecd-members/

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About this data

Indicator
Gross domestic savings (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 11,136 data points, 1960–2025
Last refreshed

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.