Household Saving Rate in Norway decreased to 16.70 percent in the second quarter of 2021 from 18.90 percent in the first quarter of 2021. source: Statistics Norway

Personal Savings in Norway averaged 7.04 percent from 2002 until 2021, reaching an all time high of 21.10 percent in the second quarter of 2020 and a record low of -2.10 percent in the second quarter of 2006. This page provides - Norway Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Household Saving Ratio - values, historical data and charts - was last updated on January of 2022.

Personal Savings in Norway is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Household Saving Ratio is projected to trend around 8.50 percent in 2022 and 8.10 percent in 2023, according to our econometric models.

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Norway Household Saving Ratio

Norway Household Saving Ratio
In Norway, Personal Savings correspond to the personal income saved during a certain period of time.
Actual Previous Highest Lowest Dates Unit Frequency
16.70 18.90 21.10 -2.10 2002 - 2021 percent Quarterly

Related Last Previous Unit Reference
Retail Sales MoM 0.90 0.90 percent Nov/21
Retail Sales YoY -4.40 -3.30 percent Nov/21
Consumer Spending 397306.00 365860.00 NOK Million Sep/21
Disposable Personal Income 368458.00 363742.00 NOK Million Jun/21
Personal Savings 16.70 18.90 percent Jun/21
Household Spending 4.00 -3.10 percent Nov/21
Gasoline Prices 1.95 2.06 USD/Liter Nov/21