The Norwegian economy expanded 1.7% year-on-year in the first quarter of 2026, easing from a downwardly revised 2% growth in the previous period. This marks the softest expansion in three quarters. GDP Annual Growth Rate in Norway averaged 2.48 percent from 1979 until 2026, reaching an all time high of 10.10 percent in the first quarter of 1980 and a record low of -4.20 percent in the second quarter of 2009. source: Statistics Norway
GDP Annual Growth Rate in Norway is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway GDP Annual Growth Rate is projected to trend around 0.20 percent in 2027 and -0.20 percent in 2028, according to our econometric models.