Norway Household Saving Ratio  Forecast


Personal Savings in Norway is expected to be 6.19 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 6.37 in 12 months time. In the long-term, the Norway Household Saving Ratio is projected to trend around 8.40 percent in 2020, according to our econometric models.


Norway Household Saving Ratio
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Norway Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence 16.2 15 14 12 15 17
Retail Sales MoM 0.4 0.6 0.4 0.14 0.13 0.9
Retail Sales YoY 3.5 2.51 0.5 2.55 2.55 1.4
Consumer Spending 351857 353664 355691 357691 359540 377814
Disposable Personal Income 342491 351930 358324 358078 363052 392589
Personal Savings 5.8 6.19 9.2 6.32 6.37 8.4
Consumer Credit 3183494 3216394 3256717 3291168 3320299 3434725
Gasoline Prices 1.85 1.75 1.78 1.77 1.77 1.77
Household Spending 1.7 0.04 2 0.19 0.18 2.1
Households Debt To Gdp 102 103 103 104 104 105
Households Debt To Income 195 197 199 200 201 211
Consumer Confidence Current Conditions 11.59 12.02 18.79 20.89 21.12 15.99
Consumer Confidence Economic Expectations 12.42 11.04 10.28 7.5 6.77 3.49
Consumer Confidence Financial Expectations 25.56 22.79 23.48 23.15 23.33 23.4
Consumer Confidence Major Purchases Expectations 13.28 9.59 11.54 11.04 10.96 11.19