Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Stock Market (points) 2523.80 2486 2390 2337 2285
Currency 9.27 9.29 9.18 9.11 9.05
Government Bond 10Y (%) 4.56 4.5 4.42 4.38 4.34

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.70 0.4 0.2 0.1 0.2
GDP Annual Growth Rate (%) 2.00 1.6 1.7 1.4 1.2
Unemployment Rate (%) 4.20 4.5 4.6 4.6 4.7
Inflation Rate (%) 3.30 3.3 3 2.5 2.4
Interest Rate (%) 4.25 4.5 4.5 4.5 4.5
Balance of Trade (NOK Million) 84330.00 44060 46800 86900 56300
Current Account (NOK Million) 279000.00 199000 185000 205000 174000
Business Confidence (points) 2.60 -3 -2 -4 -1
Consumer Confidence (points) -16.60 -18 -17 -16 -12
Retail Sales MoM (%) -0.70 -0.4 0.3 0.3 0.4
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 7.5

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.70 0.4 0.2 0.1 0.2
GDP Annual Growth Rate (%) 2.00 1.6 1.7 1.4 1.2
GDP Constant Prices (NOK Million) 1381038.00 1397668 1390633 1391041 1397610
Gross National Product (NOK Million) 1422075.00 1433662 1446250 1441984 1439140
Gross Fixed Capital Formation (NOK Million) 299471.00 299024 314301 290760 303065
GDP from Agriculture (NOK Million) 114.00 6832 6178 5355 115
GDP from Utilities (NOK Million) 28043.00 33637 33499 37028 28380
GDP from Construction (NOK Million) 57106.00 59910 60029 59837 57791
GDP from Public Administration (NOK Million) 75320.00 75177 75746 75729 76224
GDP from Manufacturing (NOK Million) 81434.00 81093 80725 80810 82411
GDP from Mining (NOK Million) 1742.00 1662 1498 1653 1763
GDP (USD Billion) 530.76 536
GDP per Capita (USD) 83812.76 84567
GDP per Capita PPP (USD) 95173.43 96030
Full Year GDP Growth (%) 1.10 0.9

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 4.20 4.5 4.6 4.6 4.7
Long Term Unemployment Rate (%) 0.70 0.8 0.9 0.9 0.8
Youth Unemployment Rate (%) 12.10 12.4 12.5 12.5 12.6
Labour Costs (points) 134.05 139 137 139 139
Wages in Manufacturing (NOK/Month) 64040.00 62155 63814 65923 66409
Wage Growth (%) 4.78 4.2 4 3.8 3.7
Wages (NOK/Month) 63700.00 61739 63534 66048 66057
Population (Million) 5.59 5.64

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 3.30 3.3 3 2.5 2.4
Consumer Price Index CPI (points) 103.50 104 104 105 105
Core Inflation Rate (%) 3.00 3 3.2 3 2.9
Core Consumer Prices (points) 103.30 104 104 105 106
GDP Deflator (points) 107.40 103 102 107 110
Producer Prices (points) 148.30 128 125 153 137
Producer Prices Change (%) 30.10 14 12 7 5
Food Inflation (%) 1.60 2.7 3 3.1 2.8
Core Inflation Rate MoM (%) -0.50 0.2 0.2 0.4 0.3
Inflation Rate MoM (%) -0.30 0.4 0.3 0.3 0.2
CPI Housing Utilities (points) 104.10 104 105 105 105
CPI Transportation (points) 102.90 103 104 104 104

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 4.25 4.5 4.5 4.5 4.5
Interbank Rate (%) 4.25 4.5 4.5 4.5 4.5
Loans to Private Sector (NOK Million) 2162690.00 2178215 2182726 2232662 2262121
Deposit Interest Rate (%) 3.25 3.5 3.5 3.5 3.5
Loan Growth (%) 4.30 4.2 4.3 4.4 4.5
Lending Rate (%) 5.25 5.5 5.5 5.5 5.5
Private Debt to GDP (%) 175.30 175

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (NOK Million) 84330.00 44060 46800 86900 56300
Current Account (NOK Million) 279000.00 199000 185000 205000 174000
Imports (NOK Million) 89261.00 99940 105900 104100 103400
Exports (NOK Million) 173591.00 144000 152700 191000 159700
Crude Oil Production (BBL/D/1K) 1730.00 1780 1840 1900 1930
Current Account to GDP (% of GDP) 14.20 17.9

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Business Confidence (points) 2.60 -3 -2 -4 -1
Manufacturing Production MoM (%) 0.70 0.5 0.4 0.7 -0.6

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Consumer Confidence (points) -16.60 -18 -17 -16 -12
Retail Sales MoM (%) -0.70 -0.4 0.3 0.3 0.4
Retail Sales YoY (%) -2.00 2 2.3 2.1 1.8
Consumer Spending (NOK Million) 518345.00 526989 534670 526226 524565
Disposable Personal Income (NOK Million) 436578.00 421819 431157 426245 441817
Consumer Credit (NOK Million) 4769748.00 4680460 4738388 4756828 4814911
Gasoline Prices (USD/Liter) 2.27 2.51 2.09 2.09 2.09
Households Debt to Income (%) 203.00 207 207 206 207

Housing Actual Q3/26 Q4/26 Q1/27 Q2/27
Housing Index (points) 369.79 373 366 383 387
House Price Index YoY (%) 2.60 4 4 4.1 4.1
House Price Index MoM (%) 0.80 0.4 0.5 0.4 0.5

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Government Debt to GDP (% of GDP) 54.30 56
Government Budget (% of GDP) 10.40 7.5
Government Spending to GDP (% of GDP) 49.40 50.1