Norway - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in Norway was $106,739,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $202,300,000,000 in 2013 and $4,136,835,000 in 1970.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $4,136,835,000
1971 $4,608,767,000
1972 $5,538,842,000
1973 $7,394,984,000
1974 $9,179,739,000
1975 $10,410,190,000
1976 $10,973,150,000
1977 $12,039,640,000
1978 $14,096,480,000
1979 $16,434,510,000
1980 $22,110,870,000
1981 $22,241,140,000
1982 $21,186,400,000
1983 $21,054,630,000
1984 $22,508,730,000
1985 $22,712,510,000
1986 $23,220,010,000
1987 $27,591,540,000
1988 $30,363,200,000
1989 $31,682,670,000
1990 $36,937,230,000
1991 $36,442,950,000
1992 $36,787,190,000
1993 $34,114,400,000
1994 $36,705,960,000
1995 $45,827,600,000
1996 $51,613,690,000
1997 $53,436,960,000
1998 $46,415,820,000
1999 $51,612,600,000
2000 $66,190,660,000
2001 $64,826,120,000
2002 $65,725,090,000
2003 $73,903,840,000
2004 $92,230,600,000
2005 $119,282,000,000
2006 $142,086,000,000
2007 $163,558,000,000
2008 $199,253,000,000
2009 $139,627,000,000
2010 $157,395,000,000
2011 $193,288,000,000
2012 $201,572,000,000
2013 $202,300,000,000
2014 $184,965,000,000
2015 $128,209,000,000
2016 $110,960,000,000
2017 $124,840,000,000
2018 $147,668,000,000
2019 $126,897,000,000
2020 $106,739,000,000

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Norway was 1,005,040,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,200,910,000,000 in 2018 and a minimum value of 29,549,000,000 in 1970.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 29,549,000,000
1971 32,519,000,000
1972 36,491,000,000
1973 42,638,000,000
1974 50,853,000,000
1975 54,413,000,000
1976 59,875,000,000
1977 64,093,000,000
1978 73,898,000,000
1979 83,226,000,000
1980 109,210,000,000
1981 127,653,000,000
1982 136,737,000,000
1983 153,623,000,000
1984 183,705,000,000
1985 195,264,000,000
1986 171,705,000,000
1987 185,898,000,000
1988 197,877,000,000
1989 218,753,000,000
1990 231,216,000,000
1991 236,256,000,000
1992 228,614,000,000
1993 242,011,000,000
1994 259,056,000,000
1995 290,327,000,000
1996 332,898,000,000
1997 377,981,000,000
1998 350,212,000,000
1999 402,537,000,000
2000 582,597,000,000
2001 582,897,000,000
2002 524,736,000,000
2003 523,254,000,000
2004 621,708,000,000
2005 768,477,000,000
2006 911,238,000,000
2007 958,728,000,000
2008 1,123,790,000,000
2009 878,014,000,000
2010 951,323,000,000
2011 1,083,300,000,000
2012 1,172,640,000,000
2013 1,188,510,000,000
2014 1,165,590,000,000
2015 1,033,900,000,000
2016 932,063,000,000
2017 1,032,640,000,000
2018 1,200,910,000,000
2019 1,116,700,000,000
2020 1,005,040,000,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Norway was 29.47 as of 2020. Its highest value over the past 50 years was 43.11 in 2008, while its lowest value was 28.12 in 1992.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 32.28
1971 31.60
1972 31.91
1973 32.82
1974 33.82
1975 31.66
1976 30.53
1977 29.01
1978 30.30
1979 30.93
1980 34.31
1981 34.97
1982 33.82
1983 34.16
1984 36.27
1985 34.72
1986 29.51
1987 29.28
1988 29.80
1989 30.87
1990 30.83
1991 29.90
1992 28.12
1993 28.29
1994 28.87
1995 30.14
1996 31.56
1997 33.12
1998 30.11
1999 31.80
2000 38.65
2001 37.26
2002 33.61
2003 32.29
2004 34.87
2005 38.62
2006 41.11
2007 40.79
2008 43.11
2009 36.15
2010 36.71
2011 38.79
2012 39.56
2013 38.70
2014 37.11
2015 33.23
2016 30.08
2017 31.34
2018 33.79
2019 31.34
2020 29.47

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts