Norway Household Saving Ratio - Forecast

Personal Savings in Norway is expected to be 6.70 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 7.20 in 12 months time. In the long-term, the Norway Household Saving Ratio is projected to trend around 8.70 percent in 2020, according to our econometric models.


Forecast Data Chart
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Norway Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence 16.4 19 17 14 14 17
Retail Sales MoM 0.7 0.3 0.2 1.1 -2 0.6
Retail Sales YoY 0.1 2.1 2.5 2.2 2.4 2
Consumer Spending 369614 367336 372462 373386 378854 390171
Disposable Personal Income 300593 277523 292547 277844 298137 293381
Personal Savings 6.6 6.7 6.9 7 7.2 8.7
Consumer Credit 3375325 3405744 3452903 3499821 3546597 4007416
Household Spending -2.1 0.5 0.9 -0.7 0.4 0.5
Households Debt To Gdp 102 103 103 103 103 103
Households Debt To Income 198 198 199 200 200 205
Gasoline Prices 1.9 1.94 1.83 1.73 1.63 1.29
Consumer Confidence Current Conditions 11.59 20.31 19.29 18.33 17.56 15.92
Consumer Confidence Economic Expectations 12.42 5.92 5.54 5.06 4.71 3.19
Consumer Confidence Financial Expectations 25.56 23.58 23.37 23.42 23.35 23.4
Consumer Confidence Major Purchases Expectations 13.28 10.62 11.07 11.19 11.31 11.23