The Norwegian economy expanded 3% year-on-year in the first quarter of 2023, accelerating from a 1.2% growth in the previous three-month period and pointing to the largest rise since the second quarter of 2022. source: Statistics Norway
GDP Annual Growth Rate in Norway averaged 2.48 percent from 1979 until 2023, reaching an all time high of 10.20 percent in the first quarter of 1980 and a record low of -4.60 percent in the second quarter of 2009. This page provides - Norway GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
GDP Annual Growth Rate in Norway is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway GDP Annual Growth Rate is projected to trend around 1.80 percent in 2024 and 2.20 percent in 2025, according to our econometric models.