Kuwait vs Norway: Gross savings
Gross savings over time
- Kuwait
- Norway
How they compare
Kuwait currently reports 36.6% against 36.0% in Norway, a difference of 0.6%.
The two have swapped places 11 times across 48 shared years of data; in 1975 it was Kuwait ahead.
Kuwait ranks 18th and Norway ranks 21st of 178 countries.
Across the 6 decades both report, Kuwait averaged higher in 4 and Norway in 2.
Head to head by decade
| Decade | Kuwait | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 57.4% | 28.3% | 29.2% | Kuwait |
| 1980s | 42.9% | 30.2% | 12.6% | Kuwait |
| 1990s | 27.9% | 28.0% | 0.1% | Norway |
| 2000s | 43.8% | 35.6% | 8.2% | Kuwait |
| 2010s | 40.1% | 32.5% | 7.6% | Kuwait |
| 2020s | 35.2% | 36.6% | 1.3% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Kuwait or Norway?
- Kuwait, at 36.6% against 36.0% in Norway as of 2024.
- What is the difference in gross savings between Kuwait and Norway?
- 0.6%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Norway?
- 48 years are reported by both, from 1975 to 2024.
- How do Kuwait and Norway rank globally for gross savings?
- Kuwait ranks 18th and Norway ranks 21st of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GNI). 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 National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.