The gross domestic product of mainland Norway, which excludes the largely petroleum-based offshore sector, grew by 0.3 percent in the third quarter of 2018. Services in general, like technical and business services as well as the IT sector, saw pronounced growth. The construction sector has likewise continued to contribute to growth. Meanwhile, the drought in the summer caused a pronounced decrease in agricultural output, which lowered mainland growth by 0.2 percentage points. Also, weak growth in consumption, especially in September, impacted the wholesale and retail trade negatively and slowed growth in the third quarter. Leading Economic Index in Norway averaged 0.55 percent from 2016 until 2018, reaching an all time high of 1 percent in November of 2017 and a record low of -0.40 percent in July of 2016.

Norway GDP Mainland 3-Month Average
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Norway Business Last Previous Highest Lowest Unit
Business Confidence 8.90 8.90 20.10 -22.90 Index Points [+]
Manufacturing PMI 56.10 56.00 64.10 36.90 [+]
Industrial Production 4.50 0.70 15.40 -13.10 percent [+]
Industrial Production Mom 2.30 -1.50 12.30 -9.30 percent [+]
Manufacturing Production 3.00 1.50 8.90 -10.40 percent [+]
Capacity Utilization 79.20 78.90 85.50 76.20 percent [+]
Changes in Inventories 29903.00 30104.00 57276.00 3245.00 NOK Million [+]
Bankruptcies 457.00 419.00 595.00 43.00 Companies and Individuals [+]
Car Registrations 14095.00 14055.00 19014.50 4089.00 [+]
Internet Speed 23539.08 23633.20 23633.20 4055.36 KBps [+]
IP Addresses 2663340.00 2550734.00 3708569.00 1631719.00 IP [+]
Leading Economic Index 0.30 0.60 1.00 -0.40 percent [+]
Mining Production -11.70 -4.10 69.00 -28.20 percent [+]
Steel Production 55.00 50.50 97.00 0.00 Thousand Tonnes [+]
Competitiveness Index 78.16 78.94 78.94 5.14 Points [+]
Competitiveness Rank 16.00 14.00 17.00 11.00 [+]
Corruption Index 85.00 85.00 91.00 79.00 Points [+]
Corruption Rank 3.00 6.00 14.00 3.00 [+]
Ease of Doing Business 7.00 8.00 10.00 6.00 [+]
Electricity Production 11198.00 10544.00 16376.00 6653.00 Gigawatt-hour [+]


Norway GDP Mainland 3-Month Average

In Norway, rolling three-month growth is calculated by comparing a three-month period with the previous three-month period, for example growth in May to July compared with February to April. This page provides - Norway GDP Mainland 3-Month Average- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway GDP Mainland 3-Month Average - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.60 1.00 -0.40 2016 - 2018 percent Monthly
SA




Country Last Previous
Argentina -4.50 Oct/18
Australia 0.10 Oct/18
Brazil -0.09 Sep/18
Canada -0.10 Sep/18
Japan 100.50 Oct/18
Mexico 2.10 Sep/18
Russia 2.50 Oct/18
Singapore 112.00 Sep/18
South Africa -0.20 Sep/18
South Korea 113.40 Oct/18
Turkey 1.01 Sep/18
United Kingdom 0.40 Oct/18
United States 124.54 Oct/18


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