Least developed countries vs Norway: Gross savings
Gross savings over time
- Least developed countries
- Norway
How they compare
Norway currently reports 37.3% against 25.3% in Least developed countries, a difference of 12.0%.
That makes Norway's figure about 1.5 times Least developed countries's.
Across all 20 years both countries report, Norway has been ahead every year.
Least developed countries ranks 19th and Norway ranks 17th of 42 groups.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Least developed countries | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.1% | 37.2% | 9.1% | Norway |
| 2010s | 26.4% | 32.4% | 6.0% | Norway |
| 2020s | 25.3% | 36.6% | 11.2% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Least developed countries or Norway?
- Norway, at 37.3% against 25.3% in Least developed countries as of 2025.
- What is the difference in gross savings between Least developed countries and Norway?
- 12.0%, with Norway ahead.
- How many years of comparable data are there for Least developed countries and Norway?
- 20 years are reported by both, from 2005 to 2024.
- How do Least developed countries and Norway rank globally for gross savings?
- Least developed countries ranks 19th 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.
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 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.