The Gross Domestic Product (GDP) in Norway expanded 2 percent in the second quarter of 2026 over the same quarter of the previous year, accelerating from a downwardly revised 1 percent growth in the first quarter. source: Statistics Norway

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. This page provides - Norway GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

GDP Annual Growth Rate in Norway is expected to be 1.60 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 0.90 percent in 2027 and 0.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-28 06:00 AM
GDP Growth Rate YoY
Q1 1.7% 2% 2.4%
2026-08-27 06:00 AM
GDP Growth Rate YoY
Q2 2.0% 1.6% 1.1%
2026-11-20 07:00 AM
GDP Growth Rate YoY
Q3 2.0% 1.6%


Related Last Previous Unit Reference
Full Year GDP Growth 1.10 1.40 percent Dec 2025
GDP Growth Rate YoY 2.00 1.00 percent Jun 2026
GDP Constant Prices 1381038.00 1371835.00 NOK Million Jun 2026
GDP from Agriculture 114.00 5281.00 NOK Million Jun 2026
GDP from Construction 57106.00 59011.00 NOK Million Jun 2026
GDP from Manufacturing 81434.00 79694.00 NOK Million Jun 2026
GDP from Mining 1742.00 1630.00 NOK Million Jun 2026
GDP from Public Administration 75320.00 74683.00 NOK Million Jun 2026
GDP from Utilities 28043.00 36517.00 NOK Million Jun 2026
GDP Growth Rate 0.70 0.40 percent Jun 2026
Gross Fixed Capital Formation 299471.00 286746.00 NOK Million Jun 2026
Gross National Product 1422075.00 1411085.00 NOK Million Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.00 10.10 -4.20 1979 - 2026 percent Quarterly
NSA