The Gross Domestic Product (GDP) in Norway was worth 403.34 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Norway represents 0.34 percent of the world economy.

GDP in Norway averaged 165.66 USD Billion from 1960 until 2019, 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 2020. source: World Bank

GDP in Norway is expected to reach 360.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway GDP is projected to trend around 420.00 USD Billion in 2021 and 490.00 USD Billion in 2022, according to our econometric models.

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Norway GDP

Actual Previous Highest Lowest Dates Unit Frequency
403.34 434.17 522.76 5.16 1960 - 2019 USD Billion Yearly
Current USD

Norway GDP Last Previous Highest Lowest Unit
GDP Growth Rate -5.10 -1.70 4.00 -5.10 percent [+]
GDP Annual Growth Rate -4.70 0.90 10.20 -4.70 percent [+]
GDP 403.34 434.17 522.76 5.16 USD Billion [+]
GDP Constant Prices 798949.00 842040.00 856575.00 304538.00 NOK Million [+]
Gross National Product 799964.00 899181.00 930228.00 55200.00 NOK Million [+]
Gross Fixed Capital Formation 206478.00 213797.00 225253.00 71387.00 NOK Million [+]
GDP per capita 92556.30 92119.50 92556.30 23167.40 USD [+]
GDP per capita PPP 63633.10 63332.80 63633.10 41406.30 USD [+]
GDP From Agriculture 5298.00 5347.00 6172.00 2759.00 NOK Million [+]
GDP From Construction 47938.00 51784.00 52893.00 21411.00 NOK Million [+]
GDP From Manufacturing 51370.00 55110.00 59063.00 39709.00 NOK Million [+]
GDP From Mining 1224.00 1278.00 2071.00 668.00 NOK Million [+]
GDP From Public Administration 51704.00 52265.00 52265.00 22758.00 NOK Million [+]
GDP From Utilities 5606.00 5708.00 6054.00 3107.00 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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