Gross national savings — all countries

Gross national savings — Norway

Gross national savings in Norway in 2025 — 37.3%. Ranked 5 in the world out of 73. Since 1975, the indicator has risen by 6.9 pp.

2025 37.3% −1.4 pp vs 2024
World rank 5of 73
Period maximum 46.1%2022
Period minimum 25.1%1993

Trend over time

1975–2025 · % of GDP

Gross national savings — Norway, 1975–202520304050197519801985199019952000200520102015202020251975: 30.4%1976: 28.6%1977: 26.1%1978: 26.6%1979: 26.9%1980: 30.8%1981: 31.4%1982: 30%1983: 30.5%1984: 33%1985: 32.3%1986: 27.1%1987: 27.1%1988: 26.5%1989: 27.4%1990: 27%1991: 25.8%1992: 25.2%1993: 25.1%1994: 26.1%1995: 27.6%1996: 29.5%1997: 31.2%1998: 28%1999: 29.9%2000: 36.4%2001: 36.1%2002: 32.1%2003: 30.8%2004: 33%2005: 37.4%2006: 38.4%2007: 37.3%2008: 39.8%2009: 33%2010: 33.9%2011: 35.7%2012: 36%2013: 34.8%2014: 35.1%2015: 31.5%2016: 28.2%2017: 28.9%2018: 31.6%2019: 28.1%2020: 26.5%2021: 34.4%2022: 46.1%2023: 37.2%2024: 38.7%2025: 37.3%
Change over the period: +6.9 pp Annual average: 0.14 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Norway

Norway 37.3%
Gross national savings — Norway, by year Norway All countries CSV XLSX
Year % Change, pp
2025 37.3 −1.4 pp
2024 38.7 +1.5 pp
2023 37.2 −9 pp
2022 46.1 +11.7 pp
2021 34.4 +8 pp
2020 26.5 −1.7 pp
2019 28.1 −3.4 pp
2018 31.6 +2.7 pp
2017 28.9 +0.7 pp
2016 28.2 −3.3 pp
2015 31.5 −3.6 pp
2014 35.1 +0.3 pp
2013 34.8 −1.3 pp
2012 36 +0.3 pp
2011 35.7 +1.8 pp
2010 33.9 +0.9 pp
2009 33 −6.9 pp
2008 39.8 +2.5 pp
2007 37.3 −1.1 pp
2006 38.4 +1 pp
2005 37.4 +4.4 pp
2004 33 +2.2 pp
2003 30.8 −1.3 pp
2002 32.1 −4 pp
2001 36.1 −0.3 pp
2000 36.4 +6.5 pp
1999 29.9 +2 pp
1998 28 −3.3 pp
1997 31.2 +1.7 pp
1996 29.5 +1.9 pp
1995 27.6 +1.5 pp
1994 26.1 +0.9 pp
1993 25.1 −0 pp
1992 25.2 −0.6 pp
1991 25.8 −1.2 pp
1990 27 −0.4 pp
1989 27.4 +0.9 pp
1988 26.5 −0.6 pp
1987 27.1 −0.1 pp
1986 27.1 −5.2 pp
1985 32.3 −0.7 pp
1984 33 +2.5 pp
1983 30.5 +0.6 pp
1982 30 −1.4 pp
1981 31.4 +0.6 pp
1980 30.8 +3.9 pp
1979 26.9 +0.2 pp
1978 26.6 +0.5 pp
1977 26.1 −2.4 pp
1976 28.6 −1.8 pp
1975 30.4

Northern Europe, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.