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Norway

Economy overviewEurope

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GDP2.1%
Inflation3.1%
Unemploy.4%
Debt52.8%
Invest.24.1%
Fiscal12.8% GDP
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GDP Growth
2.1%
2024 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$87k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$102k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
1.6%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$483.6bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2024
2.1%
2023
0.1%
2022
3.2%
2021
3.9%
2020
-1.3%
2019
1.1%
2018
0.8%
2017
2.5%
2016
1.2%
2015
1.9%
2014

Compare with peers

🇩🇪
Germany
GDP: -0.5%
🇬🇧
United Kingdom
GDP: 1.1%
🇫🇷
France
GDP: 1.2%
🇮🇹
Italy
GDP: 0.7%
🇪🇸
Spain
GDP: 3.5%
🇹🇷
Türkiye
GDP: 3.3%