Norway - Economic Indicators

Overview Last Reference
GDP Growth Rate 0.4 % Jun/18
Unemployment Rate 3.9 % Jun/18
Inflation Rate 3.4 % Aug/18
Interest Rate 0.75 % Sep/18
Balance of Trade 31807 NOK Million Aug/18
Government Debt to GDP 36.2 % Dec/17

Markets Last Reference
Currency 8.13 Sep/18
Stock Market 1046 points Sep/18
Government Bond 10Y 1.94 % Sep/18
GDP Last Reference
GDP Growth Rate 0.4 % Jun/18
GDP Annual Growth Rate 3.3 % Jun/18
GDP 399 USD Billion Dec/17
GDP Constant Prices 805405 NOK Million Jun/18
Gross National Product 881187 NOK Million Jun/18
Gross Fixed Capital Formation 204223 NOK Million Jun/18
GDP per capita 91219 USD Dec/17
GDP per capita PPP 64800 USD Dec/17
GDP From Agriculture 5445 NOK Million Jun/18
GDP From Construction 49785 NOK Million Jun/18
GDP From Manufacturing 51335 NOK Million Jun/18
GDP From Mining 1208 NOK Million Jun/18
GDP From Public Administration 48528 NOK Million Jun/18
GDP From Utilities 4981 NOK Million Jun/18
Labour Last Reference
Unemployment Rate 3.9 % Jun/18
Employed Persons 2692 Thousand Jun/18
Unemployed Persons 81349 Aug/18
Labor Force Participation Rate 70.4 % Jun/18
Long Term Unemployment Rate 1 % Mar/18
Youth Unemployment Rate 9.9 % Jun/18
Labour Costs 134 Index Points Jun/18
Productivity 120 Index Points Jun/18
Job Vacancies 68400 Mar/18
Wage Growth 2.7 % Jun/18
Wages in Manufacturing 107 Index Points Jun/18
Population 5.3 Million Dec/18
Retirement Age Women 62 Dec/18
Retirement Age Men 62 Dec/18
Employment Change 0.3 % Jun/18
Employment Rate 67.6 % Jun/18
Full Time Employment 1889 Thousand Mar/18
Part Time Employment 663 Thousand Mar/18
Wages 45570 NOK/Month Jun/18
Prices Last Reference
Inflation Rate 3.4 % Aug/18
Consumer Price Index CPI 109 Index Points Aug/18
Harmonised Consumer Prices 110 Index Points Aug/18
Core Consumer Prices 106 Index Points Aug/18
Core Inflation Rate 1.9 % Aug/18
GDP Deflator 109 Index Points Jun/18
Producer Prices 265 Index Points Aug/18
Producer Prices Change 22.8 % Aug/18
Export Prices 155 Index Points Jun/18
Import Prices 143 Index Points Jun/18
Food Inflation 3.2 % Aug/18
CPI Housing Utilities 114 Index Points Aug/18
CPI Transportation 109 Index Points Aug/18
Inflation Rate Mom -0.4 % Aug/18
Money Last Reference
Interest Rate 0.75 % Sep/18
Interbank Rate 1.11 % Sep/18
Money Supply M0 95740 NOK Million Jul/18
Money Supply M1 2124180 NOK Million Jul/18
Money Supply M2 2278252 NOK Million Jul/18
Foreign Exchange Reserves 553510 NOK Million Aug/18
Loans to Private Sector 1765840 NOK Million Jul/18
Deposit Interest Rate -0.25 % Sep/18
Central Bank Balance Sheet 9067423 NOK Millions Jul/18
Lending Rate 1.75 % Sep/18
Loan Growth 5.7 % Jul/18
Private Debt to GDP 287 % Dec/17
Trade Last Reference
Balance of Trade 31807 NOK Million Aug/18
Exports 88126 NOK Million Aug/18
Imports 56319 NOK Million Aug/18
Current Account 80938 NOK Million Jun/18
Current Account to GDP 5.7 % Dec/17
External Debt 5222383 NOK Million Jun/18
Terms of Trade 108 Index Points Jun/18
Capital Flows 139446 NOK Million Jun/18
Crude Oil Production 1350 BBL/D/1K May/18
Foreign Direct Investment -33665 NOK Million Jun/18
Terrorism Index 0 Dec/17
Weapons Sales 134 USD Million Dec/17
Government Last Reference
Government Debt to GDP 36.2 % Dec/17
Government Budget 4.4 % of GDP Dec/17
Government Budget Value 3111 NOK Million Jun/18
Government Spending 198133 NOK Million Jun/18
Government Spending to GDP 50.3 % Dec/17
Government Revenues 341375 NOK Million Jun/18
Government Debt 629080 NOK Million Jun/18
Fiscal Expenditure 338264 NOK Million Jun/18
Asylum Applications 280 persons Aug/18
Credit Rating 98.71
Military Expenditure 6330 USD Million Dec/17
Business Last Reference
Business Confidence 9.2 Index Points Jun/18
Manufacturing PMI 60.5 Aug/18
Industrial Production -0.8 % Jul/18
Industrial Production Mom -2.4 % Jul/18
Manufacturing Production 1.5 % Jul/18
Capacity Utilization 78.9 % Jun/18
Changes in Inventories 35634 NOK Million Jun/18
Bankruptcies 386 Companies and Individuals Aug/18
Car Registrations 15976 Aug/18
Internet Speed 23539 KBps Mar/17
IP Addresses 2663340 IP Mar/17
Competitiveness Index 5.4 Points Dec/18
Competitiveness Rank 11 Dec/18
Corruption Index 85 Points Dec/17
Corruption Rank 3 Dec/17
Ease of Doing Business 8 Dec/17
Electricity Production 9681 Gigawatt-hour Jun/18
Leading Economic Index 0.8 % Jul/18
Mining Production -2.8 % Jul/18
Steel Production 15 Thousand Tonnes Jul/18
Consumer Last Reference
Consumer Confidence 16.4 Index Points Sep/18
Retail Sales MoM 0.7 % Jul/18
Retail Sales YoY 0.1 % Jul/18
Consumer Spending 369614 NOK Million Jun/18
Disposable Personal Income 300593 NOK Million Jun/18
Personal Savings 6.6 % Jun/18
Consumer Credit 3375325 NOK Million Jul/18
Gasoline Prices 1.9 USD/Liter Aug/18
Household Spending -2.1 % Jul/18
Households Debt To Gdp 102 % of GDP Dec/17
Households Debt To Income 198 % Dec/17
Housing Last Reference
Housing Index 116 Index Points Jun/18
Building Permits 2570 Jul/18
Home Ownership Rate 82.6 % Dec/17
Housing Starts 2805 units Jul/18
New Home Sales 26383 Jun/18
Taxes Last Reference
Corporate Tax Rate 24 % Dec/18
Personal Income Tax Rate 38.52 % Dec/18
Sales Tax Rate 25 % Dec/18
Social Security Rate 22.3 % Dec/18
Social Security Rate For Companies 14.1 % Dec/18
Social Security Rate For Employees 8.2 % Dec/18
Climate Last Reference
Precipitation 163 mm Dec/15
Temperature -2.91 celsius Dec/15


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Economic Indicators for Norway including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Norway economy.