Formal Savings Statistics in Norway (2026)
In 2021, 80.9% of adults in Norway saved at a formal financial institution, according to World Bank Global Findex data. Up from 79.3% in 2017 to 80.9% in 2021 (+1.6 percentage points). Norway ranks #1 of 46 economies in Europe & Central Asia on this measure, and #1 of 142 globally.
Key Statistics
- Latest value (2021)
- 80.9% (2021)
- Formal Savings in Norway as of 2021, the most recent observation in World Bank Global Findex data.
- Change since 2017
- +1.6 pp (2021)
- Up from 79.3% in 2017 to 80.9% in 2021 (+1.6 percentage points).
- Earliest value in this dataset (2014)
- 78.4% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 78.4% in 2014 to 80.9% in 2021.
- Record high (2021)
- 80.9% (2021)
- The 2021 value is the highest in the available World Bank Global Findex series for Norway.
- Rank in Europe & Central Asia
- #1 of 46 (2021)
- Norway ranks 1 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #1 of 142 (2021)
- Norway ranks 1 of 142 countries with data globally.
- Europe & Central Asia average
- 40.6% (2021)
- Norway (80.9%) is above the average of 40.6% across the 46 countries in Europe & Central Asia with data.
- Among women (2021)
- 83.9% (2021)
- Value for women in Norway, same 2021 World Bank Global Findex data.
- Among men (2021)
- 78.1% (2021)
- Value for men in Norway, same 2021 World Bank Global Findex data.
- Gender gap (women minus men)
- +5.7 pp (2021)
- In 2021, the figure was 83.9% for women and 78.1% for men — 5.7 percentage points higher among women.
- Among the poorest 40% (2021)
- 77.1% (2021)
- Value for adults in the poorest 40% of households in Norway in 2021.
- Poorest-40% gap vs national
- −3.8 pp (2021)
- The poorest 40% (77.1%) are 3.8 percentage points below the national figure (80.9%).
- Internet use in Norway (2024)
- 99% (2024)
- 99% of the population in Norway used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 5.6 million (2024)
- Norway had a population of 5.6 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2021
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2021 | 80.9% | +1.6 pp |
| 2017 | 79.3% | +0.9 pp |
| 2014 | 78.4% | — |
Frequently asked questions
What share of adults in Norway saved at a formal financial institution?
80.9% of adults in Norway saved at a formal financial institution in 2021, according to World Bank Global Findex data.
Is there a gender gap in formal savings in Norway?
Yes — in 2021 the figure was 83.9% for women and 78.1% for men, a gap of 5.7 percentage points in favor of women.
How recent is the formal savings data for Norway?
The most recent observation is from 2021. World Bank Global Findex data is reported with a lag, so 2021 is the latest available year for Norway.
Where does the formal savings data for Norway come from?
The data comes from the World Bank Global Findex (indicator fin17a). The latest observation for Norway is from 2021; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank Global Findex, indicator
fin17a, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .