Norway GDP Annual Growth Rate  1979-2018 | Data | Chart | Calendar

Norway's gross domestic product expanded by 0.3 percent year-on-year in the first quarter of 2018, easing from an upwardly revised 1.6 percent growth in the previous period. GDP Annual Growth Rate in Norway averaged 2.55 percent from 1979 until 2018, reaching an all time high of 10.20 percent in the first quarter of 1980 and a record low of -4.30 percent in the second quarter of 2009.

Norway GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-14 07:00 AM GDP Growth Rate YoY 3.2% 0.1% 1.5%
2018-02-09 07:00 AM GDP Growth Rate YoY 1.4% 3.4% 3%
2018-05-15 06:00 AM GDP Growth Rate YoY 0.3% 1.6% 1.9%
2018-08-23 06:00 AM GDP Growth Rate YoY 0.3% 1.1%
2018-11-13 07:00 AM GDP Growth Rate YoY 2.1%


Norway GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 -0.30 4.00 -2.60 percent [+]
GDP Annual Growth Rate 0.30 1.60 10.20 -4.30 percent [+]
GDP 370.56 386.58 522.75 5.16 USD Billion [+]
GDP Constant Prices 812179.00 807102.00 812179.00 296903.00 NOK Million [+]
Gross National Product 848278.00 868972.00 868972.00 55200.00 NOK Million [+]
Gross Fixed Capital Formation 185182.00 195166.00 198284.00 69756.00 NOK Million [+]
GDP per capita 89818.32 89619.49 91594.18 23176.96 USD [+]
GDP per capita PPP 63810.79 63669.53 65072.43 42829.64 USD [+]
GDP From Agriculture 5389.00 5351.00 6155.00 2752.00 NOK Million [+]
GDP From Construction 48589.00 48547.00 48589.00 20792.00 NOK Million [+]
GDP From Manufacturing 51869.00 51985.00 57163.00 38577.00 NOK Million [+]
GDP From Mining 1346.00 1276.00 1849.00 596.00 NOK Million [+]
GDP From Public Administration 47518.00 46996.00 47518.00 21954.00 NOK Million [+]
GDP From Utilities 4973.00 4925.00 5618.00 2883.00 NOK Million [+]


Norway GDP Annual Growth Rate

Norway is one of the wealthiest countries in the world. Its wealth was build on the back of natural resources including oil and gas, hydropower and fish and supported by developed shipping industry. Components of the GDP on the expenditure side: household consumption (41 percent), gross fixed capital formation (24 percent) and government expenditure (22 percent). Exports of goods and services account for 38 percent of GDP while imports account for 30 percent, adding 8 percent of total GDP. This page provides - Norway GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 1.60 10.20 -4.30 1979 - 2018 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


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