Armenia vs Norway: Gross savings
Gross savings over time
- Armenia
- Norway
How they compare
Norway currently reports 2.06 trillion current LCU against 1.91 trillion current LCU in Armenia, a difference of 141.21 billion current LCU.
That makes Norway's figure about 1.1 times Armenia's.
The two have swapped places 4 times across 33 shared years of data; in 1993 it was Norway ahead.
Armenia ranks 54th and Norway ranks 51st of 177 countries.
Norway has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.28 billion current LCU | 295.99 billion current LCU | 285.71 billion current LCU | Norway |
| 2000s | 447.65 billion current LCU | 708.51 billion current LCU | 260.86 billion current LCU | Norway |
| 2010s | 720.16 billion current LCU | 1.04 trillion current LCU | 320.57 billion current LCU | Norway |
| 2020s | 1.68 trillion current LCU | 1.89 trillion current LCU | 211.45 billion current LCU | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Armenia or Norway?
- Norway, at 2.06 trillion current LCU against 1.91 trillion current LCU in Armenia as of 2025.
- What is the difference in gross savings between Armenia and Norway?
- 141.21 billion current LCU, with Norway ahead.
- How many years of comparable data are there for Armenia and Norway?
- 33 years are reported by both, from 1993 to 2025.
- How do Armenia and Norway rank globally for gross savings?
- Armenia ranks 54th and Norway ranks 51st of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.