Gross domestic savings in Norway
Norway: Gross domestic savings was 1.93 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
1.93 trillion current LCU
Change on year
down 2.9%
World rank
54th
of 187 countries
All-time high
2.86 trillion current LCU
in 2022
All-time low
29.54 billion current LCU
in 1970
Years of data
56
1970–2025
Gross domestic savings in Norway, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Norway recorded 1.93 trillion current LCU for gross domestic savings in 2025.
Compared with earlier readings it is down 2.9% on the previous year and up 84.5% over ten years.
Over the whole period, gross domestic savings in Norway peaked at 2.86 trillion current LCU in 2022 and was at its lowest, 29.54 billion current LCU, in 1970.
Norway ranks 54th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 29.54 billion current LCU | — |
| 1971 | 32.46 billion current LCU | +9.9% |
| 1972 | 36.41 billion current LCU | +12.2% |
| 1973 | 42.49 billion current LCU | +16.7% |
| 1974 | 50.64 billion current LCU | +19.2% |
| 1975 | 54.00 billion current LCU | +6.6% |
| 1976 | 59.40 billion current LCU | +10.0% |
| 1977 | 63.54 billion current LCU | +7.0% |
| 1978 | 73.19 billion current LCU | +15.2% |
| 1979 | 82.51 billion current LCU | +12.7% |
| 1980 | 108.25 billion current LCU | +31.2% |
| 1981 | 126.89 billion current LCU | +17.2% |
| 1982 | 135.92 billion current LCU | +7.1% |
| 1983 | 152.56 billion current LCU | +12.2% |
| 1984 | 182.61 billion current LCU | +19.7% |
| 1985 | 194.06 billion current LCU | +6.3% |
| 1986 | 170.43 billion current LCU | -12.2% |
| 1987 | 184.58 billion current LCU | +8.3% |
| 1988 | 195.98 billion current LCU | +6.2% |
| 1989 | 216.90 billion current LCU | +10.7% |
| 1990 | 228.98 billion current LCU | +5.6% |
| 1991 | 232.52 billion current LCU | +1.5% |
| 1992 | 224.16 billion current LCU | -3.6% |
| 1993 | 237.26 billion current LCU | +5.8% |
| 1994 | 253.90 billion current LCU | +7.0% |
| 1995 | 282.70 billion current LCU | +11.3% |
| 1996 | 323.60 billion current LCU | +14.5% |
| 1997 | 365.89 billion current LCU | +13.1% |
| 1998 | 338.08 billion current LCU | -7.6% |
| 1999 | 390.39 billion current LCU | +15.5% |
| 2000 | 570.90 billion current LCU | +46.2% |
| 2001 | 570.90 billion current LCU | -0.0% |
| 2002 | 510.24 billion current LCU | -10.6% |
| 2003 | 509.61 billion current LCU | -0.1% |
| 2004 | 607.89 billion current LCU | +19.3% |
| 2005 | 754.03 billion current LCU | +24.0% |
| 2006 | 896.83 billion current LCU | +18.9% |
| 2007 | 950.74 billion current LCU | +6.0% |
| 2008 | 1.13 trillion current LCU | +19.1% |
| 2009 | 883.77 billion current LCU | -22.0% |
| 2010 | 958.86 billion current LCU | +8.5% |
| 2011 | 1.10 trillion current LCU | +14.4% |
| 2012 | 1.19 trillion current LCU | +8.2% |
| 2013 | 1.20 trillion current LCU | +1.2% |
| 2014 | 1.18 trillion current LCU | -1.9% |
| 2015 | 1.04 trillion current LCU | -11.4% |
| 2016 | 933.33 billion current LCU | -10.6% |
| 2017 | 1.04 trillion current LCU | +11.9% |
| 2018 | 1.20 trillion current LCU | +14.7% |
| 2019 | 1.14 trillion current LCU | -5.1% |
| 2020 | 1.02 trillion current LCU | -10.2% |
| 2021 | 1.70 trillion current LCU | +66.3% |
| 2022 | 2.86 trillion current LCU | +68.7% |
| 2023 | 2.07 trillion current LCU | -27.7% |
| 2024 | 1.98 trillion current LCU | -4.2% |
| 2025 | 1.93 trillion current LCU | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.42 billion current LCU | 29.54 billion current LCU | 82.51 billion current LCU | 10 |
| 1980s | 166.82 billion current LCU | 108.25 billion current LCU | 216.90 billion current LCU | 10 |
| 1990s | 287.75 billion current LCU | 224.16 billion current LCU | 390.39 billion current LCU | 10 |
| 2000s | 738.73 billion current LCU | 509.61 billion current LCU | 1.13 trillion current LCU | 10 |
| 2010s | 1.10 trillion current LCU | 933.33 billion current LCU | 1.20 trillion current LCU | 10 |
| 2020s | 1.93 trillion current LCU | 1.02 trillion current LCU | 2.86 trillion current LCU | 6 |
Countries ranked near Norway
- 51 Kenya 2.08 trillion current LCU compare
- 52 Ethiopia 2.00 trillion current LCU compare
- 53 Serbia 1.98 trillion current LCU compare
- 55 Sweden 1.81 trillion current LCU compare
- 56 Venezuela, Bolivarian Republic of 1.77 trillion current LCU compare
- 57 Dominican Republic 1.62 trillion current LCU compare
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 gross domestic savings in Norway?
- Gross domestic savings in Norway was 1.93 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Norway?
- The highest recorded value was 2.86 trillion current LCU in 2022.
- What is the lowest gross domestic savings recorded in Norway?
- The lowest recorded value was 29.54 billion current LCU in 1970.
- How does Norway rank for gross domestic savings?
- Norway ranks 54th out of 187 countries with data for 2025.
- Is gross domestic savings rising or falling in Norway?
- Over the last ten years it is up 84.5%. The long-run trend across the full record is volatile.
- 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 Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.