Adjusted savings: gross savings in Norway
Norway: Adjusted savings: gross savings was 38.6% in 2021. ▲ Rising
Adjusted savings: gross savings in Norway, 1975–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
Norway recorded 38.6% for adjusted savings: gross savings in 2021.
The figure is up 27.9% on the previous year and up 1.0% over ten years.
Over the whole period, adjusted savings: gross savings in Norway peaked at 42.1% in 2008 and was at its lowest, 25.4%, in 1992.
Norway ranks 14th of 178 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 47 years of available data.
Adjusted savings: gross savings in Norway, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1975 | 30.4% | — |
| 1976 | 28.8% | -5.2% |
| 1977 | 26.6% | -7.9% |
| 1978 | 27.3% | +2.7% |
| 1979 | 27.6% | +1.2% |
| 1980 | 31.5% | +14.0% |
| 1981 | 32.1% | +2.0% |
| 1982 | 30.7% | -4.4% |
| 1983 | 31.2% | +1.6% |
| 1984 | 33.7% | +7.9% |
| 1985 | 32.7% | -3.0% |
| 1986 | 27.4% | -16.3% |
| 1987 | 27.2% | -0.5% |
| 1988 | 26.9% | -1.1% |
| 1989 | 27.9% | +3.4% |
| 1990 | 27.6% | -1.1% |
| 1991 | 26.3% | -4.5% |
| 1992 | 25.4% | -3.3% |
| 1993 | 25.5% | +0.2% |
| 1994 | 26.3% | +3.1% |
| 1995 | 27.9% | +6.3% |
| 1996 | 29.8% | +6.9% |
| 1997 | 31.5% | +5.6% |
| 1998 | 28.3% | -10.3% |
| 1999 | 30.3% | +7.1% |
| 2000 | 37.1% | +22.2% |
| 2001 | 36.4% | -1.8% |
| 2002 | 32.7% | -10.2% |
| 2003 | 31.4% | -3.8% |
| 2004 | 34.0% | +8.3% |
| 2005 | 38.4% | +13.1% |
| 2006 | 40.3% | +4.8% |
| 2007 | 39.7% | -1.5% |
| 2008 | 42.1% | +6.0% |
| 2009 | 35.3% | -16.0% |
| 2010 | 36.2% | +2.5% |
| 2011 | 38.2% | +5.6% |
| 2012 | 38.8% | +1.4% |
| 2013 | 37.8% | -2.3% |
| 2014 | 37.5% | -0.8% |
| 2015 | 34.2% | -8.9% |
| 2016 | 31.2% | -8.7% |
| 2017 | 32.1% | +3.0% |
| 2018 | 34.7% | +8.1% |
| 2019 | 31.8% | -8.4% |
| 2020 | 30.2% | -5.0% |
| 2021 | 38.6% | +27.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.1% | 26.6% | 30.4% | 5 |
| 1980s | 30.1% | 26.9% | 33.7% | 10 |
| 1990s | 27.9% | 25.4% | 31.5% | 10 |
| 2000s | 36.7% | 31.4% | 42.1% | 10 |
| 2010s | 35.3% | 31.2% | 38.8% | 10 |
| 2020s | 34.4% | 30.2% | 38.6% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 2.58 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2882 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 27,262 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -5.99 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -9.05 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.9479 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.1707 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 16,147 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Norway?
- Adjusted savings: gross savings in Norway was 38.6% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Norway?
- The highest recorded value was 42.1% in 2008.
- What is the lowest adjusted savings: gross savings recorded in Norway?
- The lowest recorded value was 25.4% in 1992.
- How does Norway rank for adjusted savings: gross savings?
- Norway ranks 14th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Norway?
- Over the last ten years it is up 1.0%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). 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. 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.