Adjusted savings: gross savings in Norway
Norway: Adjusted savings: gross savings was 194.36 billion current US$ in 2021. ◆ Volatile
Latest (2021)
194.36 billion current US$
Change on year
up 70.9%
World rank
22nd
of 177 countries
All-time high
199.96 billion current US$
in 2013
All-time low
9.89 billion current US$
in 1975
Years of data
47
1975–2021
Adjusted savings: gross savings in Norway, 1975–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
The most recent figure for adjusted savings: gross savings in Norway is 194.36 billion current US$, measured in 2021.
The figure is up 70.9% on the previous year and up 1.1% over ten years.
Over the whole period, adjusted savings: gross savings in Norway peaked at 199.96 billion current US$ in 2013 and was at its lowest, 9.89 billion current US$, in 1975.
Norway ranks 22nd of 177 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 9.89 billion current US$ | — |
| 1976 | 10.20 billion current US$ | +3.1% |
| 1977 | 10.77 billion current US$ | +5.6% |
| 1978 | 12.32 billion current US$ | +14.3% |
| 1979 | 14.17 billion current US$ | +15.0% |
| 1980 | 19.68 billion current US$ | +38.9% |
| 1981 | 19.82 billion current US$ | +0.7% |
| 1982 | 18.65 billion current US$ | -5.9% |
| 1983 | 18.68 billion current US$ | +0.2% |
| 1984 | 20.36 billion current US$ | +9.0% |
| 1985 | 21.01 billion current US$ | +3.2% |
| 1986 | 21.19 billion current US$ | +0.9% |
| 1987 | 25.29 billion current US$ | +19.4% |
| 1988 | 26.78 billion current US$ | +5.9% |
| 1989 | 27.83 billion current US$ | +3.9% |
| 1990 | 32.09 billion current US$ | +15.3% |
| 1991 | 31.05 billion current US$ | -3.2% |
| 1992 | 32.59 billion current US$ | +5.0% |
| 1993 | 30.04 billion current US$ | -7.8% |
| 1994 | 32.84 billion current US$ | +9.3% |
| 1995 | 41.92 billion current US$ | +27.7% |
| 1996 | 48.25 billion current US$ | +15.1% |
| 1997 | 50.34 billion current US$ | +4.3% |
| 1998 | 43.13 billion current US$ | -14.3% |
| 1999 | 48.78 billion current US$ | +13.1% |
| 2000 | 62.59 billion current US$ | +28.3% |
| 2001 | 63.32 billion current US$ | +1.2% |
| 2002 | 64.02 billion current US$ | +1.1% |
| 2003 | 72.28 billion current US$ | +12.9% |
| 2004 | 90.10 billion current US$ | +24.7% |
| 2005 | 120.04 billion current US$ | +33.2% |
| 2006 | 139.37 billion current US$ | +16.1% |
| 2007 | 158.74 billion current US$ | +13.9% |
| 2008 | 193.63 billion current US$ | +22.0% |
| 2009 | 137.25 billion current US$ | -29.1% |
| 2010 | 156.99 billion current US$ | +14.4% |
| 2011 | 192.34 billion current US$ | +22.5% |
| 2012 | 199.14 billion current US$ | +3.5% |
| 2013 | 199.96 billion current US$ | +0.4% |
| 2014 | 193.03 billion current US$ | -3.5% |
| 2015 | 137.38 billion current US$ | -28.8% |
| 2016 | 120.11 billion current US$ | -12.6% |
| 2017 | 132.68 billion current US$ | +10.5% |
| 2018 | 157.41 billion current US$ | +18.6% |
| 2019 | 132.68 billion current US$ | -15.7% |
| 2020 | 113.75 billion current US$ | -14.3% |
| 2021 | 194.36 billion current US$ | +70.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.47 billion current US$ | 9.89 billion current US$ | 14.17 billion current US$ | 5 |
| 1980s | 21.93 billion current US$ | 18.65 billion current US$ | 27.83 billion current US$ | 10 |
| 1990s | 39.10 billion current US$ | 30.04 billion current US$ | 50.34 billion current US$ | 10 |
| 2000s | 110.14 billion current US$ | 62.59 billion current US$ | 193.63 billion current US$ | 10 |
| 2010s | 162.17 billion current US$ | 120.11 billion current US$ | 199.96 billion current US$ | 10 |
| 2020s | 154.05 billion current US$ | 113.75 billion current US$ | 194.36 billion current US$ | 2 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 63.58 % change on previous year (2022)
- Taxes less subsidies on products (current US$), annual growth rate 6.46 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0885 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 8,374 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 2.99 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.9203 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 87,058 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0724 (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Norway?
- Adjusted savings: gross savings in Norway was 194.36 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Norway?
- The highest recorded value was 199.96 billion current US$ in 2013.
- What is the lowest adjusted savings: gross savings recorded in Norway?
- The lowest recorded value was 9.89 billion current US$ in 1975.
- How does Norway rank for adjusted savings: gross savings?
- Norway ranks 22nd out of 177 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Norway?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.