The Gross Domestic Product (GDP) in Norway was worth 362.01 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Norway represents 0.32 percent of the world economy. source: World Bank

GDP in Norway averaged 168.96 USD Billion from 1960 until 2020, reaching an all time high of 522.76 USD Billion in 2013 and a record low of 5.16 USD Billion in 1960. This page provides the latest reported value for - Norway GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway GDP - values, historical data and charts - was last updated on September of 2021.

GDP in Norway is expected to reach 400.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway GDP is projected to trend around 440.00 USD Billion in 2022 and 490.00 USD Billion in 2023, according to our econometric models.

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Norway GDP

Actual Previous Highest Lowest Dates Unit Frequency
362.01 405.51 522.76 5.16 1960 - 2020 USD Billion Yearly
Current USD

Norway GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 -0.60 4.30 -4.60 percent [+]
GDP Annual Growth Rate 6.10 -1.40 10.20 -4.40 percent [+]
GDP 362.01 405.51 522.76 5.16 USD Billion [+]
GDP Constant Prices 905355.00 895250.00 910824.00 324308.00 NOK Million [+]
Gross National Product 948764.00 937345.00 948764.00 55200.00 NOK Million [+]
Gross Fixed Capital Formation 213794.00 210347.00 228710.00 73364.00 NOK Million [+]
GDP per capita 90884.61 92123.71 92123.71 23167.44 USD [+]
GDP per capita PPP 63585.90 64452.81 64452.81 42136.62 USD [+]
GDP From Agriculture 5892.00 5833.00 6557.00 2931.00 NOK Million [+]
GDP From Construction 50927.00 52044.00 53621.00 22135.00 NOK Million [+]
GDP From Manufacturing 55645.00 55788.00 58605.00 39402.00 NOK Million [+]
GDP From Mining 999.00 985.00 2266.00 730.00 NOK Million [+]
GDP From Public Administration 55983.00 55793.00 55983.00 23458.00 NOK Million [+]
GDP From Utilities 5670.00 5648.00 6440.00 3306.00 NOK Million [+]


Norway GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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