The gross domestic product (GDP) in Norway contracted 0.2 percent month-on-month in January 2023, following a downwardly revised 0.3 percent expansion in December. source: Statistics Norway

Monthly GDP MoM in Norway averaged 0.14 percent from 2016 until 2023, reaching an all time high of 3.50 percent in June of 2020 and a record low of -5.90 percent in March of 2020. This page includes a chart with historical data for Norway Monthly GDP MoM. Norway Monthly GDP MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

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Norway Monthly GDP MoM

Calendar GMT Actual Previous Consensus TEForecast
2023-02-15 07:00 AM Dec 0.4% 0% 0.1%
2023-03-16 07:00 AM Jan -0.2% 0.3% -0.1%
2023-04-12 06:00 AM Feb -0.2%

Norway Monthly GDP MoM
Norway is one of the wealthiest countries in the world. Its wealth was build on the back of natural resources including oil and gas, hydropower and fish and supported by developed shipping industry. Components of the GDP on the expenditure side: household consumption (41 percent), gross fixed capital formation (24 percent) and government expenditure (22 percent). Exports of goods and services account for 38 percent of GDP while imports account for 30 percent, adding 8 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 0.30 3.50 -5.90 2016 - 2023 percent Monthly