Adjusted savings: net national savings in Norway
Norway: Adjusted savings: net national savings was 108.22 billion current US$ in 2021. ◆ Volatile
Latest (2021)
108.22 billion current US$
Change on year
up 175.7%
World rank
14th
of 176 countries
All-time high
128.56 billion current US$
in 2008
All-time low
3.87 billion current US$
in 1977
Years of data
47
1975–2021
Adjusted savings: net national savings in Norway, 1975–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: net national savings in Norway stood at 108.22 billion current US$.
Compared with earlier readings it is up 175.7% on the previous year and down 5.3% over ten years.
Over the whole period, adjusted savings: net national savings in Norway peaked at 128.56 billion current US$ in 2008 and was at its lowest, 3.87 billion current US$, in 1977.
That places Norway 14th out of 176 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 4.80 billion current US$ | — |
| 1976 | 4.48 billion current US$ | -6.7% |
| 1977 | 3.87 billion current US$ | -13.7% |
| 1978 | 4.34 billion current US$ | +12.4% |
| 1979 | 5.24 billion current US$ | +20.7% |
| 1980 | 9.44 billion current US$ | +80.0% |
| 1981 | 9.80 billion current US$ | +3.9% |
| 1982 | 8.39 billion current US$ | -14.4% |
| 1983 | 8.54 billion current US$ | +1.8% |
| 1984 | 10.37 billion current US$ | +21.4% |
| 1985 | 10.46 billion current US$ | +0.9% |
| 1986 | 7.44 billion current US$ | -28.9% |
| 1987 | 8.12 billion current US$ | +9.2% |
| 1988 | 7.31 billion current US$ | -10.0% |
| 1989 | 8.45 billion current US$ | +15.5% |
| 1990 | 9.98 billion current US$ | +18.1% |
| 1991 | 8.96 billion current US$ | -10.2% |
| 1992 | 8.78 billion current US$ | -1.9% |
| 1993 | 8.15 billion current US$ | -7.2% |
| 1994 | 10.21 billion current US$ | +25.3% |
| 1995 | 15.43 billion current US$ | +51.0% |
| 1996 | 20.86 billion current US$ | +35.2% |
| 1997 | 24.00 billion current US$ | +15.1% |
| 1998 | 16.84 billion current US$ | -29.9% |
| 1999 | 21.55 billion current US$ | +28.0% |
| 2000 | 36.78 billion current US$ | +70.7% |
| 2001 | 36.68 billion current US$ | -0.3% |
| 2002 | 33.35 billion current US$ | -9.1% |
| 2003 | 37.17 billion current US$ | +11.5% |
| 2004 | 51.46 billion current US$ | +38.5% |
| 2005 | 77.30 billion current US$ | +50.2% |
| 2006 | 92.87 billion current US$ | +20.1% |
| 2007 | 102.20 billion current US$ | +10.0% |
| 2008 | 128.56 billion current US$ | +25.8% |
| 2009 | 74.16 billion current US$ | -42.3% |
| 2010 | 88.48 billion current US$ | +19.3% |
| 2011 | 114.31 billion current US$ | +29.2% |
| 2012 | 119.88 billion current US$ | +4.9% |
| 2013 | 117.41 billion current US$ | -2.1% |
| 2014 | 110.05 billion current US$ | -6.3% |
| 2015 | 68.48 billion current US$ | -37.8% |
| 2016 | 52.34 billion current US$ | -23.6% |
| 2017 | 62.22 billion current US$ | +18.9% |
| 2018 | 81.76 billion current US$ | +31.4% |
| 2019 | 58.73 billion current US$ | -28.2% |
| 2020 | 39.25 billion current US$ | -33.2% |
| 2021 | 108.22 billion current US$ | +175.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.55 billion current US$ | 3.87 billion current US$ | 5.24 billion current US$ | 5 |
| 1980s | 8.83 billion current US$ | 7.31 billion current US$ | 10.46 billion current US$ | 10 |
| 1990s | 14.48 billion current US$ | 8.15 billion current US$ | 24.00 billion current US$ | 10 |
| 2000s | 67.05 billion current US$ | 33.35 billion current US$ | 128.56 billion current US$ | 10 |
| 2010s | 87.37 billion current US$ | 52.34 billion current US$ | 119.88 billion current US$ | 10 |
| 2020s | 73.74 billion current US$ | 39.25 billion current US$ | 108.22 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)
- GDP (constant 2015 US$), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.886 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 83,813 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 7.56 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 715,378 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 0.3869 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3491 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Norway?
- Adjusted savings: net national savings in Norway was 108.22 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Norway?
- The highest recorded value was 128.56 billion current US$ in 2008.
- What is the lowest adjusted savings: net national savings recorded in Norway?
- The lowest recorded value was 3.87 billion current US$ in 1977.
- How does Norway rank for adjusted savings: net national savings?
- Norway ranks 14th out of 176 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Norway?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.