Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Stock Market (points) 2279.35 2333 2243 2195 2147
Currency 9.48 9.5 9.38 9.31 9.25
Government Bond 10Y (%) 4.29 4.37 4.29 4.25 4.2

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.40 0.5 0.4 0.4 0.1
GDP Annual Growth Rate (%) 1.70 1.5 1.6 1.7 1.4
Unemployment Rate (%) 4.60 4.6 4.7 4.7 4.6
Inflation Rate (%) 3.10 3.2 3.1 2.8 2.6
Interest Rate (%) 4.25 4.25 4.5 4.5 4.5
Balance of Trade (NOK Million) 62602.00 55989 43060 71800 86900
Current Account (NOK Million) 266830.00 195000 199000 185000 205000
Business Confidence (points) 1.20 -6 -3 -2 -4
Retail Sales MoM (%) 0.30 0.5 -0.4 0.3 0.3
Consumer Confidence (points) -20.00 -20 -18 -17 -16
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 Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.40 0.5 0.4 0.4 0.1
GDP Annual Growth Rate (%) 1.70 1.5 1.6 1.7 1.4
GDP Constant Prices (NOK Million) 1372249.00 1378995 1397668 1390633 1391460
Gross National Product (NOK Million) 1422075.00 1458815 1433662 1446250 1441984
Gross Fixed Capital Formation (NOK Million) 286834.00 301082 299024 314301 290850
GDP from Mining (NOK Million) 1744.00 1703 1662 1498 1768
GDP from Agriculture (NOK Million) 6019.00 5945 6832 6178 6103
GDP from Manufacturing (NOK Million) 79871.00 81539 81093 80725 80989
GDP from Public Administration (NOK Million) 74789.00 74556 75177 75746 75836
GDP from Utilities (NOK Million) 31461.00 34072 33637 33499 31901
GDP from Construction (NOK Million) 58863.00 60351 59910 60029 59687
GDP (USD Billion) 483.73 491
GDP per Capita (USD) 79670.14 80945
GDP per Capita PPP (USD) 91108.24 92566
Full Year GDP Growth (%) 1.10 1.6

Labour Actual Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 4.60 4.6 4.7 4.7 4.6
Long Term Unemployment Rate (%) 0.80 0.8 0.8 0.9 0.9
Youth Unemployment Rate (%) 11.20 11.2 11.3 11.3 11.2
Labour Costs (points) 134.05 155 139 137 139
Wages in Manufacturing (NOK/Month) 63510.00 63809 62155 63814 65923
Wage Growth (%) 4.41 4.4 4.2 4 3.8
Wages (NOK/Month) 63630.00 63997 61739 63534 66048
Population (Million) 5.59 5.64

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 3.10 3.2 3.1 2.8 2.6
Consumer Price Index CPI (points) 103.00 103 104 104 105
Core Inflation Rate (%) 3.40 3.3 3.4 3.3 3
Core Consumer Prices (points) 103.10 104 104 104 105
GDP Deflator (points) 104.80 105 103 101 108
Producer Prices (points) 140.10 146 131 125 153
Producer Prices Change (%) 24.00 29 17 12 7
Food Inflation (%) 3.40 2.5 2.7 3 3
Core Inflation Rate MoM (%) 0.40 0.4 0.2 0.2 0.4
Inflation Rate MoM (%) 0.20 0.3 0.2 0.3 0.3
CPI Transportation (points) 102.10 102 103 103 103
CPI Housing Utilities (points) 102.90 102 104 105 106

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 4.25 4.25 4.5 4.5 4.5
Interbank Rate (%) 4.25 4.25 4.5 4.5 4.5
Loans to Private Sector (NOK Million) 2151548.00 2197300 2186575 2187404 2233423
Deposit Interest Rate (%) 3.25 3.25 3.5 3.5 3.5
Loan Growth (%) 4.40 4.5 4.6 4.5 4.4
Lending Rate (%) 5.25 5.25 5.5 5.5 5.5
Private Debt to GDP (%) 175.30 175

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (NOK Million) 62602.00 55989 43060 71800 86900
Current Account (NOK Million) 266830.00 195000 199000 185000 205000
Exports (NOK Million) 158119.00 155700 144000 177700 191000
Imports (NOK Million) 95517.00 99711 100940 105900 104100
Crude Oil Production (BBL/D/1K) 1983.00 1950 1980 1940 1900
Current Account to GDP (% of GDP) 14.20 17.9

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Business Confidence (points) 1.20 -6 -3 -2 -4
Manufacturing Production MoM (%) -0.90 -0.4 0.5 0.4 0.7

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Retail Sales MoM (%) 0.30 0.5 -0.4 0.3 0.3
Consumer Confidence (points) -20.00 -20 -18 -17 -16
Retail Sales YoY (%) 0.90 1.7 2 2.3 2.1
Consumer Spending (NOK Million) 519808.00 521538 527072 534529 527085
Disposable Personal Income (NOK Million) 538077.00 429177 420870 428659 545610
Consumer Credit (NOK Million) 4708578.00 4615703 4680544 4738487 4757236
Gasoline Prices (USD/Liter) 2.08 2.93 2.51 2.09 2.09

Housing Actual Q2/26 Q3/26 Q4/26 Q1/27
Housing Index (points) 372.89 372 373 366 383
House Price Index YoY (%) 3.80 3.8 4 4 4.1
House Price Index MoM (%) 0.10 0.4 0.5 0.5 0.4

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 54.30 56
Government Budget (% of GDP) 10.40 7.5
Government Spending to GDP (% of GDP) 49.50 50.1