The GDP for mainland Norway, which excludes the largely petroleum-based offshore sector, expanded by 0.4 percent from a month earlier in September 2022, easily beating market expectations of a 0.3 percent contraction. It followed an upwardly revised 0.7 percent advance in August. Considering Q3, the economy expanded 0.8 percent, driven by the service industries and especially in wholesale trade. source: Statistics Norway

Leading Economic Index in Norway averaged 0.16 percent from 2016 until 2022, reaching an all time high of 3.70 percent in June of 2020 and a record low of -7.10 percent in March of 2020. This page provides - Norway GDP Mainland 3-Month Average- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway GDP Growth Mainland MoM - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Leading Economic Index in Norway is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway GDP Growth Mainland MoM is projected to trend around 0.50 percent in 2023 and 0.40 percent in 2024, according to our econometric models.

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Norway GDP Growth Mainland MoM

Calendar GMT Actual Previous Consensus TEForecast
2022-11-18 07:00 AM Sep 0.4% 0.7% -0.3%
2022-12-13 07:00 AM Oct 0.4%

Related Last Previous Unit Reference
Business Confidence -4.40 2.30 points Sep 2022
Industrial Production Mom -2.40 3.10 percent Sep 2022
Industrial Production 0.90 4.70 percent Sep 2022
Manufacturing Production 0.10 -1.10 percent Sep 2022
Capacity Utilization 80.60 80.90 percent Sep 2022
New Orders 146.10 97.80 points Dec 2017
Changes in Inventories 53085.00 49246.00 NOK Million Sep 2022
Bankruptcies 358.00 360.00 Companies and Individuals Oct 2022
Car Registrations 13808.00 14758.00 Oct 2022
Mining Production 3.00 3.00 percent Sep 2022
Leading Economic Index 0.40 0.70 percent Sep 2022