Armenia vs Norway: Gross savings
Gross savings over time
- Armenia
- Norway
How they compare
Norway currently reports 2.06 trillion current LCU against 1.91 trillion current LCU in Armenia, a difference of 141.21 billion current LCU.
That makes Norway's figure about 1.1 times Armenia's.
The two have swapped places 4 times across 33 shared years of data; in 1993 it was Norway ahead.
Globally, Armenia ranks 54th and Norway ranks 51st of 177 countries.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.