Norway Household Saving Ratio  Forecast


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Personal Savings in Norway is expected to be 9.20 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 6.30 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 Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 17.3 14 12 15 16 17
Retail Sales MoM -0.8 0.4 0.2 0.14 0.14 0.9
Retail Sales YoY 1.3 0.5 2.05 2.06 2.07 1.4
Consumer Spending 351857 355079 356602 357589 358502 360800
Disposable Personal Income 342491 343349 341765 342218 341216 338035
Personal Savings 5.8 9.2 6.24 6.28 6.3 8.4
Consumer Credit 3222039 3259068 3294547 3324603 3349895 3444079
Household Spending -0.1 2 0.19 0.18 0.18 2.1
Households Debt To Gdp 101 99.33 98.83 98.43 98.04 95.47
Households Debt To Income 195 196 195 195 195 192
Gasoline Prices 1.89 1.97 1.98 1.97 1.96 1.88
Consumer Confidence Current Conditions 11.59 19.32 21.98 22.48 21.66 16.21
Consumer Confidence Economic Expectations 12.42 10.92 8.27 7.44 6.53 4.45
Consumer Confidence Financial Expectations 25.56 23.64 22.96 23.22 22.86 21.5
Consumer Confidence Major Purchases Expectations 13.28 15.2 17.16 18.91 20.25 21.79