Europe & Central Asia (IDA & IBRD countries) vs Norway: Gross savings
Gross savings over time
- Europe & Central Asia (IDA & IBRD countries)
- Norway
How they compare
Norway currently reports 37.3% against 25.0% in Europe & Central Asia (IDA & IBRD countries), a difference of 12.3%.
That makes Norway's figure about 1.5 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 32 years both countries report, Norway has been ahead every year.
Europe & Central Asia (IDA & IBRD countries) ranks 20th and Norway ranks 17th of 42 groups.
Norway has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 23.5% | 28.7% | 5.2% | Norway |
| 2000s | 25.4% | 35.4% | 10.1% | Norway |
| 2010s | 24.8% | 32.4% | 7.5% | Norway |
| 2020s | 27.1% | 36.7% | 9.6% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Europe & Central Asia (IDA & IBRD countries) or Norway?
- Norway, at 37.3% against 25.0% in Europe & Central Asia (IDA & IBRD countries) as of 2025.
- What is the difference in gross savings between Europe & Central Asia (IDA & IBRD countries) and Norway?
- 12.3%, with Norway ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Norway?
- 32 years are reported by both, from 1994 to 2025.
- How do Europe & Central Asia (IDA & IBRD countries) and Norway rank globally for gross savings?
- Europe & Central Asia (IDA & IBRD countries) ranks 20th and Norway ranks 17th of 42 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GDP). 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 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.