Gross savings in Norway
Norway: Gross savings was 197.73 billion current US$ in 2025. ◆ Volatile
Latest (2025)
197.73 billion current US$
Change on year
up 2.1%
World rank
24th
of 178 countries
All-time high
284.80 billion current US$
in 2022
All-time low
9.95 billion current US$
in 1975
Years of data
51
1975–2025
Gross savings in Norway, 1975–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross savings in Norway stood at 197.73 billion current US$.
That represents a change of up 2.1% on the previous year and up 56.8% over ten years.
Over the whole period, gross savings in Norway peaked at 284.80 billion current US$ in 2022 and was at its lowest, 9.95 billion current US$, in 1975.
Norway ranks 24th of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 9.95 billion current US$ | — |
| 1976 | 10.24 billion current US$ | +2.9% |
| 1977 | 10.81 billion current US$ | +5.6% |
| 1978 | 12.35 billion current US$ | +14.2% |
| 1979 | 14.22 billion current US$ | +15.2% |
| 1980 | 19.75 billion current US$ | +38.9% |
| 1981 | 19.89 billion current US$ | +0.7% |
| 1982 | 18.71 billion current US$ | -5.9% |
| 1983 | 18.74 billion current US$ | +0.2% |
| 1984 | 20.42 billion current US$ | +8.9% |
| 1985 | 21.07 billion current US$ | +3.2% |
| 1986 | 21.27 billion current US$ | +0.9% |
| 1987 | 25.42 billion current US$ | +19.5% |
| 1988 | 26.89 billion current US$ | +5.8% |
| 1989 | 27.97 billion current US$ | +4.0% |
| 1990 | 32.18 billion current US$ | +15.0% |
| 1991 | 31.20 billion current US$ | -3.0% |
| 1992 | 32.71 billion current US$ | +4.9% |
| 1993 | 30.11 billion current US$ | -8.0% |
| 1994 | 32.92 billion current US$ | +9.3% |
| 1995 | 41.67 billion current US$ | +26.6% |
| 1996 | 47.90 billion current US$ | +15.0% |
| 1997 | 49.98 billion current US$ | +4.3% |
| 1998 | 42.79 billion current US$ | -14.4% |
| 1999 | 48.30 billion current US$ | +12.9% |
| 2000 | 62.10 billion current US$ | +28.6% |
| 2001 | 62.64 billion current US$ | +0.9% |
| 2002 | 62.76 billion current US$ | +0.2% |
| 2003 | 70.55 billion current US$ | +12.4% |
| 2004 | 87.66 billion current US$ | +24.3% |
| 2005 | 116.36 billion current US$ | +32.7% |
| 2006 | 134.26 billion current US$ | +15.4% |
| 2007 | 152.21 billion current US$ | +13.4% |
| 2008 | 188.01 billion current US$ | +23.5% |
| 2009 | 130.47 billion current US$ | -30.6% |
| 2010 | 149.15 billion current US$ | +14.3% |
| 2011 | 183.25 billion current US$ | +22.9% |
| 2012 | 189.19 billion current US$ | +3.2% |
| 2013 | 187.85 billion current US$ | -0.7% |
| 2014 | 180.82 billion current US$ | -3.7% |
| 2015 | 126.08 billion current US$ | -30.3% |
| 2016 | 107.94 billion current US$ | -14.4% |
| 2017 | 120.15 billion current US$ | +11.3% |
| 2018 | 143.53 billion current US$ | +19.5% |
| 2019 | 119.37 billion current US$ | -16.8% |
| 2020 | 101.16 billion current US$ | -15.3% |
| 2021 | 179.53 billion current US$ | +77.5% |
| 2022 | 284.80 billion current US$ | +58.6% |
| 2023 | 186.61 billion current US$ | -34.5% |
| 2024 | 193.60 billion current US$ | +3.7% |
| 2025 | 197.73 billion current US$ | +2.1% |
Norway compared with similar countries
- Norway's 197.73 billion current US$ is above the median for high income countries, which is 58.75 billion current US$, 3.4× the median. (63 countries reporting)
- Norway's 197.73 billion current US$ is above the median for Europe & Central Asia, which is 24.45 billion current US$, 8.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.51 billion current US$ | 9.95 billion current US$ | 14.22 billion current US$ | 5 |
| 1980s | 22.01 billion current US$ | 18.71 billion current US$ | 27.97 billion current US$ | 10 |
| 1990s | 38.97 billion current US$ | 30.11 billion current US$ | 49.98 billion current US$ | 10 |
| 2000s | 106.70 billion current US$ | 62.10 billion current US$ | 188.01 billion current US$ | 10 |
| 2010s | 150.73 billion current US$ | 107.94 billion current US$ | 189.19 billion current US$ | 10 |
| 2020s | 190.57 billion current US$ | 101.16 billion current US$ | 284.80 billion current US$ | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Norway?
- Gross savings in Norway was 197.73 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Norway?
- The highest recorded value was 284.80 billion current US$ in 2022.
- What is the lowest gross savings recorded in Norway?
- The lowest recorded value was 9.95 billion current US$ in 1975.
- How does Norway rank for gross savings?
- Norway ranks 24th out of 178 countries with data for 2025.
- Is gross savings rising or falling in Norway?
- Over the last ten years it is up 56.8%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.