Norway: Savings, percent of GDP

* indicates monthly or quarterly data series
 Norway

Savings as percent of GDP

 Latest value 37.25
 Year 2025
 Measure percent
 Data availability 1975 - 2025
 Average 31.53
 Min - Max 25.12 - 46.13
 Source The World Bank
 Available for Data download
The latest value from 2025 is 37.25 percent, a decline from 38.65 percent in 2024. In comparison, the world average is 23.38 percent, based on data from 72 countries. Historically, the average for Norway from 1975 to 2025 is 31.53 percent. The minimum value, 25.12 percent, was reached in 1993 while the maximum of 46.13 percent was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Norway: Savings, percent of GDP
 2025 37.25
 2024 38.65
 2023 37.16
 2022 46.13
 2021 34.42
 2020 26.46
 2019 28.14
 2018 31.57




The savings in Norway and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

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 Related indicators Latest Reference Measure
 Share of industry 34.46 2025 percent
 Share of manufacturing 6.12 2025 percent
 Share of services 55.05 2025 percent
 Industry value added 182.88 2025 billion U.S. dollars
 Manufacturing value added 32.46 2025 billion U.S. dollars
 Services value added 292.17 2025 billion U.S. dollars
 Savings, percent of GDP 37.25 2025 percent
 Savings, in dollars 197.73 2025 billion U.S. dollars
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