Markets Actual Q4/26 Q1/27 Q2/27 Q3/27
Stock Market (points) 2468.02 2378 2325 2273 2273
Currency 9.61 9.39 9.32 9.26 9.26
Government Bond 10Y (%) 4.62 4.59 4.54 4.49 4.49

Overview Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 0.70 0.2 0.1 0 -0.1
GDP Annual Growth Rate (%) 2.00 1.2 0.9 0.4 0.1
Unemployment Rate (%) 4.50 4.6 4.6 4.7 4.7
Inflation Rate (%) 3.30 3.2 3 2.8 2.6
Interest Rate (%) 4.50 4.5 4.5 4.5 4.5
Balance of Trade (NOK Million) 100440.00 50800 88900 56300 43900
Current Account (NOK Million) 279000.00 185000 205000 174000 188000
Business Confidence (points) 2.60 -2 -4 -1 1
Retail Sales MoM (%) 0.60 0.3 0.3 0.4 -0.3
Consumer Confidence (points) -16.60 -17 -16 -12 -13
Current Account to GDP (% of GDP) 14.20 17.9
Government Debt to GDP (% of GDP) 54.30 56
Government Budget (% of GDP) 10.40 19.5

GDP Actual Q4/26 Q1/27 Q2/27 Q3/27
GDP Growth Rate (%) 0.70 0.2 0.1 0 -0.1
GDP Annual Growth Rate (%) 2.00 1.2 0.9 0.4 0.1
GDP Constant Prices (NOK Million) 1381038.00 1383796 1384182 1386562 1382419
Gross National Product (NOK Million) 1422075.00 1439140 1434874 1427763 1423497
Gross Fixed Capital Formation (NOK Million) 299471.00 312756 289327 300669 299770
GDP from Agriculture (NOK Million) 114.00 6148 5329 114 114
GDP from Public Administration (NOK Million) 75320.00 75374 75355 75621 75395
GDP from Manufacturing (NOK Million) 81434.00 80329 80411 81760 81515
GDP from Mining (NOK Million) 1742.00 1491 1645 1749 1744
GDP from Utilities (NOK Million) 28043.00 33334 36846 28155 28071
GDP from Construction (NOK Million) 57106.00 59734 59542 57334 57163
GDP (USD Billion) 530.76 536
GDP per Capita (USD) 83812.76 84651
GDP per Capita PPP (USD) 95173.43 96125
Full Year GDP Growth (%) 1.10 1

Labour Actual Q4/26 Q1/27 Q2/27 Q3/27
Unemployment Rate (%) 4.50 4.6 4.6 4.7 4.7
Long Term Unemployment Rate (%) 0.70 0.9 0.9 0.8 0.8
Youth Unemployment Rate (%) 13.60 13.7 13.7 13.8 13.8
Labour Costs (points) 151.39 137 140 158 157
Wages in Manufacturing (NOK/Month) 64040.00 64060 66177 66666 66602
Wage Growth (%) 4.78 4.4 4.2 4.1 4
Wages (NOK/Month) 63700.00 63778 66302 66312 66248
Population (Million) 5.59 5.64

Prices Actual Q4/26 Q1/27 Q2/27 Q3/27
Inflation Rate (%) 3.30 3.2 3 2.8 2.6
Consumer Price Index CPI (points) 103.50 104 105 106 106
Core Inflation Rate (%) 3.00 2.7 2.7 2.6 2.6
Core Consumer Prices (points) 103.30 104 105 106 106
GDP Deflator (points) 107.40 102 107 110 110
Producer Prices (points) 148.30 134 153 137 154
Producer Prices Change (%) 30.10 20 7 5 4
Food Inflation (%) 1.60 3 3.1 2.8 2.7
Core Inflation Rate MoM (%) -0.50 0.2 0.4 0.3 0.2
Inflation Rate MoM (%) -0.30 0.3 0.3 0.2 0.2
CPI Transportation (points) 102.90 103 104 104 104
CPI Housing Utilities (points) 104.10 105 106 106 107

Money Actual Q4/26 Q1/27 Q2/27 Q3/27
Interest Rate (%) 4.50 4.5 4.5 4.5 4.5
Interbank Rate (%) 4.50 4.5 4.5 4.5 4.5
Loans to Private Sector (NOK Million) 2175245.00 2189004 2239078 2268575 2277482
Deposit Interest Rate (%) 3.50 3.5 3.5 3.5 3.5
Loan Growth (%) 4.50 4.6 4.7 4.8 4.7
Lending Rate (%) 5.50 5.5 5.5 5.5 5.5
Private Debt to GDP (%) 175.30 175

Trade Actual Q4/26 Q1/27 Q2/27 Q3/27
Balance of Trade (NOK Million) 100440.00 50800 88900 56300 43900
Current Account (NOK Million) 279000.00 185000 205000 174000 188000
Exports (NOK Million) 190996.00 152700 191000 159700 149000
Imports (NOK Million) 90555.00 101900 102100 103400 105100
Crude Oil Production (BBL/D/1K) 1730.00 1840 1900 1930 1960
Current Account to GDP (% of GDP) 14.20 17.9

Business Actual Q4/26 Q1/27 Q2/27 Q3/27
Business Confidence (points) 2.60 -2 -4 -1 1
Manufacturing Production MoM (%) 0.70 0.4 0.7 -0.6 0.6

Consumer Actual Q4/26 Q1/27 Q2/27 Q3/27
Retail Sales MoM (%) 0.60 0.3 0.3 0.4 -0.3
Consumer Confidence (points) -16.60 -17 -16 -12 -13
Retail Sales YoY (%) -1.00 0.5 2.1 1.8 2
Consumer Spending (NOK Million) 518345.00 532042 523632 520418 518863
Disposable Personal Income (NOK Million) 436578.00 429037 424143 438324 437015
Consumer Credit (NOK Million) 4790002.00 4873504 4911636 4986192 5015132
Gasoline Prices (USD/Liter) 2.04 2.26 2.36 2.47 2.47
Households Debt to Income (%) 203.00 200 197 196 195

Housing Actual Q4/26 Q1/27 Q2/27 Q3/27
Housing Index (points) 369.79 364 381 385 384
House Price Index YoY (%) 2.60 3.2 3.4 3.6 3.8
House Price Index MoM (%) 0.80 0.4 0.4 0.3 0.3

Government Actual Q4/26 Q1/27 Q2/27 Q3/27
Government Debt to GDP (% of GDP) 54.30 56
Government Budget (% of GDP) 10.40 19.5
Government Spending to GDP (% of GDP) 49.40 50.1