Norway Mainland GDP Expands 0.4% in Q4

2026-02-09 07:21 By Judith Sib-at 1 min. read

Norway’s mainland GDP, which excludes the petroleum-based offshore sector, expanded by 0.4% quarter-on-quarter in the three months to December 2025, following a 0.1% growth in the previous period.

This was the fourth straight quarter of growth and the fastest rate since the first quarter, supported by increases in gross fixed capital formation (7.2% vs 0.1% in Q3), household consumption (1.4% vs 1.1%), and government spending (0.4% vs 0.1%).

Meanwhile, both exports and imports rose at an equal pace of 3.6%.

On an annual basis, mainland GDP rose by 1.9% in the fourth quarter, after a 1.4% increase in the third quarter.

For 2025 as a whole, mainland GDP grew by 1.8%, accelerating from 0.6% rise in 2024 and was close to normal growth rate.

Growth was broad-based, with solid performances across many industries, including suppliers to oil extraction, export-oriented industry, tourism, retail trade, power supply, and fish farming.



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