Household Saving Rate in Norway decreased to 8.20 percent in the second quarter of 2022 from 11.60 percent in the first quarter of 2022. source: Statistics Norway

Personal Savings in Norway averaged 6.37 percent from 1999 until 2022, reaching an all time high of 19.80 percent in the second quarter of 2020 and a record low of -3.60 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 November of 2022.

Personal Savings in Norway is expected to be 7.50 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 6.60 percent in 2023 and 8.10 percent in 2024, according to our econometric models.

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Norway Household Saving Ratio

Related Last Previous Unit Reference
Retail Sales MoM 0.10 0.70 percent Sep 2022
Retail Sales YoY -3.80 -4.00 percent Sep 2022
Consumer Spending 422949.00 421020.00 NOK Million Sep 2022
Disposable Personal Income 367073.00 371992.00 NOK Million Jun 2022
Personal Savings 8.20 11.60 percent Jun 2022
Household Spending -6.00 -5.00 percent Sep 2022
Gasoline Prices 2.06 2.15 USD/Liter Sep 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
8.20 11.60 19.80 -3.60 1999 - 2022 percent Quarterly