Gross domestic savings (current US$) in Norway
Norway: Gross domestic savings (current US$) was 185.27 billion current US$ in 2025. ◆ Volatile
Latest (2025)
185.27 billion current US$
Change on year
up 0.4%
World rank
26th
of 188 countries
All-time high
297.76 billion current US$
in 2022
All-time low
4.14 billion current US$
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 US$.
Analysis
The most recent figure for gross domestic savings in Norway is 185.27 billion current US$, measured in 2025.
That represents a change of up 0.4% on the previous year and up 43.2% over ten years.
Over the whole period, gross domestic savings in Norway peaked at 297.76 billion current US$ in 2022 and was at its lowest, 4.14 billion current US$, in 1970.
That places Norway 26th out of 188 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$) in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 4.14 billion current US$ | — |
| 1971 | 4.60 billion current US$ | +11.3% |
| 1972 | 5.53 billion current US$ | +20.1% |
| 1973 | 7.37 billion current US$ | +33.4% |
| 1974 | 9.14 billion current US$ | +24.0% |
| 1975 | 10.33 billion current US$ | +13.0% |
| 1976 | 10.89 billion current US$ | +5.4% |
| 1977 | 11.94 billion current US$ | +9.6% |
| 1978 | 13.96 billion current US$ | +17.0% |
| 1979 | 16.29 billion current US$ | +16.7% |
| 1980 | 21.92 billion current US$ | +34.5% |
| 1981 | 22.11 billion current US$ | +0.9% |
| 1982 | 21.06 billion current US$ | -4.7% |
| 1983 | 20.91 billion current US$ | -0.7% |
| 1984 | 22.37 billion current US$ | +7.0% |
| 1985 | 22.57 billion current US$ | +0.9% |
| 1986 | 23.05 billion current US$ | +2.1% |
| 1987 | 27.40 billion current US$ | +18.9% |
| 1988 | 30.07 billion current US$ | +9.8% |
| 1989 | 31.41 billion current US$ | +4.5% |
| 1990 | 36.58 billion current US$ | +16.4% |
| 1991 | 35.87 billion current US$ | -1.9% |
| 1992 | 36.07 billion current US$ | +0.6% |
| 1993 | 33.45 billion current US$ | -7.3% |
| 1994 | 35.98 billion current US$ | +7.6% |
| 1995 | 44.62 billion current US$ | +24.0% |
| 1996 | 50.17 billion current US$ | +12.4% |
| 1997 | 51.73 billion current US$ | +3.1% |
| 1998 | 44.81 billion current US$ | -13.4% |
| 1999 | 50.06 billion current US$ | +11.7% |
| 2000 | 64.86 billion current US$ | +29.6% |
| 2001 | 63.49 billion current US$ | -2.1% |
| 2002 | 63.91 billion current US$ | +0.7% |
| 2003 | 71.98 billion current US$ | +12.6% |
| 2004 | 90.18 billion current US$ | +25.3% |
| 2005 | 117.04 billion current US$ | +29.8% |
| 2006 | 139.84 billion current US$ | +19.5% |
| 2007 | 162.19 billion current US$ | +16.0% |
| 2008 | 200.77 billion current US$ | +23.8% |
| 2009 | 140.54 billion current US$ | -30.0% |
| 2010 | 158.64 billion current US$ | +12.9% |
| 2011 | 195.71 billion current US$ | +23.4% |
| 2012 | 203.93 billion current US$ | +4.2% |
| 2013 | 204.31 billion current US$ | +0.2% |
| 2014 | 186.84 billion current US$ | -8.5% |
| 2015 | 129.42 billion current US$ | -30.7% |
| 2016 | 111.11 billion current US$ | -14.1% |
| 2017 | 126.23 billion current US$ | +13.6% |
| 2018 | 147.23 billion current US$ | +16.6% |
| 2019 | 129.08 billion current US$ | -12.3% |
| 2020 | 108.36 billion current US$ | -16.1% |
| 2021 | 197.56 billion current US$ | +82.3% |
| 2022 | 297.76 billion current US$ | +50.7% |
| 2023 | 195.94 billion current US$ | -34.2% |
| 2024 | 184.55 billion current US$ | -5.8% |
| 2025 | 185.27 billion current US$ | +0.4% |
Norway compared with similar countries
- Norway's 185.27 billion current US$ is above the median for high income countries, which is 52.49 billion current US$, 3.5× the median. (67 countries reporting)
- Norway's 185.27 billion current US$ is above the median for Europe & Central Asia, which is 28.55 billion current US$, 6.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.42 billion current US$ | 4.14 billion current US$ | 16.29 billion current US$ | 10 |
| 1980s | 24.29 billion current US$ | 20.91 billion current US$ | 31.41 billion current US$ | 10 |
| 1990s | 41.93 billion current US$ | 33.45 billion current US$ | 51.73 billion current US$ | 10 |
| 2000s | 111.48 billion current US$ | 63.49 billion current US$ | 200.77 billion current US$ | 10 |
| 2010s | 159.25 billion current US$ | 111.11 billion current US$ | 204.31 billion current US$ | 10 |
| 2020s | 194.91 billion current US$ | 108.36 billion current US$ | 297.76 billion current US$ | 6 |
Countries ranked near Norway
More economy & growth data for Norway
- Real gdp growth, annual growth rate -23.81 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,340 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4463 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 978.78 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.99 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in Norway?
- Gross domestic savings in Norway was 185.27 billion current US$ 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 297.76 billion current US$ in 2022.
- What is the lowest gross domestic savings recorded in Norway?
- The lowest recorded value was 4.14 billion current US$ in 1970.
- How does Norway rank for gross domestic savings?
- Norway ranks 26th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Norway?
- Over the last ten years it is up 43.2%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.