Norway vs World: Gross savings
Gross savings over time
- Norway
- World
How they compare
Norway currently reports 37.3% against 26.1% in World, a difference of 11.2%.
That makes Norway's figure about 1.4 times World's.
Across all 44 years both countries report, Norway has been ahead every year.
Norway ranks 17th and World ranks 18th of 178 countries.
Norway has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Norway | World | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 29.5% | 24.1% | 5.4% | Norway |
| 1990s | 27.5% | 25.0% | 2.5% | Norway |
| 2000s | 35.4% | 26.4% | 9.0% | Norway |
| 2010s | 32.4% | 26.5% | 5.9% | Norway |
| 2020s | 36.6% | 26.5% | 10.1% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Norway or World?
- Norway, at 37.3% against 26.1% in World as of 2025.
- What is the difference in gross savings between Norway and World?
- 11.2%, with Norway ahead.
- How many years of comparable data are there for Norway and World?
- 44 years are reported by both, from 1981 to 2024.
- How do Norway and World rank globally for gross savings?
- Norway ranks 17th and World ranks 18th of 178 countries.
- 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.