Household Saving Rate in Norway increased to 9.90 percent in the fourth quarter of 2021 from 9.30 percent in the third quarter of 2021. source: Statistics Norway

Personal Savings in Norway averaged 6.97 percent from 2002 until 2021, reaching an all time high of 19.90 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 September of 2022.

Personal Savings in Norway is expected to be 11.50 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 8.10 percent in 2023, according to our econometric models.

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Norway Household Saving Ratio

Related Last Previous Unit Reference
Retail Sales MoM -2.10 0.10 percent Jul 2022
Retail Sales YoY -9.00 -8.20 percent Jul 2022
Consumer Spending 415275.00 402386.00 NOK Million Jun 2022
Disposable Personal Income 373222.00 360458.00 NOK Million Dec 2021
Personal Savings 9.90 9.30 percent Dec 2021
Gasoline Prices 2.51 2.74 USD/Liter Jul 2022
Household Spending -2.40 -4.00 percent Mar 2022

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
9.90 9.30 19.90 -2.10 2002 - 2021 percent Quarterly