Norway vs Singapore: Gross savings
Gross savings over time
- Norway
- Singapore
How they compare
Singapore currently reports 241.40 billion current US$ against 197.73 billion current US$ in Norway, a difference of 43.67 billion current US$.
That makes Singapore's figure about 1.2 times Norway's.
The two have swapped places 7 times across 51 shared years of data; in 1975 it was Norway ahead.
Norway ranks 24th and Singapore ranks 21st of 177 countries.
Across the 6 decades both report, Norway averaged higher in 5 and Singapore in 1.
Head to head by decade
| Decade | Norway | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.51 billion current US$ | 2.26 billion current US$ | 9.25 billion current US$ | Norway |
| 1980s | 22.01 billion current US$ | 7.80 billion current US$ | 14.21 billion current US$ | Norway |
| 1990s | 38.97 billion current US$ | 35.32 billion current US$ | 3.66 billion current US$ | Norway |
| 2000s | 106.70 billion current US$ | 59.01 billion current US$ | 47.69 billion current US$ | Norway |
| 2010s | 150.73 billion current US$ | 143.48 billion current US$ | 7.26 billion current US$ | Norway |
| 2020s | 190.57 billion current US$ | 204.15 billion current US$ | 13.58 billion current US$ | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Norway or Singapore?
- Singapore, at 241.40 billion current US$ against 197.73 billion current US$ in Norway as of 2025.
- What is the difference in gross savings between Norway and Singapore?
- 43.67 billion current US$, with Singapore ahead.
- How many years of comparable data are there for Norway and Singapore?
- 51 years are reported by both, from 1975 to 2025.
- How do Norway and Singapore rank globally for gross savings?
- Norway ranks 24th and Singapore ranks 21st of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 indicator is expressed in United States dollars.