Household Saving Rate in Norway increased to 8.50 percent in the third quarter of 2019 from 7.20 percent in the second quarter of 2019. Personal Savings in Norway averaged 6.30 percent from 2002 until 2019, reaching an all time high of 12.90 percent in the second quarter of 2005 and a record low of -2 percent in the second quarter of 2006. source: Statistics Norway
Personal Savings in Norway is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Norway to stand at 7.60 in 12 months time. In the long-term, the Norway Household Saving Ratio is projected to trend around 7.50 percent in 2020, according to our econometric models.