Norway GDP: $493 Billion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

Norway GDP Forecast: $493 Billion in 2024, $501.7 Billion projected for 2025 (Current Market Prices).

GDP in Norway is estimated to be $493 Billion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest Norway's 2025 GDP estimate could be $501.7 Billion. This Norway GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 1.8%.

The economy of Norway has grown at an average annual growth rate of 1.7% in the last four years and is ranked the 12th largest economy in Europe, ahead of Austria.

See the full Norway data sheet covering Economics, Demographics and ESG

Current GDP (US$): Norway


Source: World Bank, World Economics
Notes: Current Market Prices
0 0 0 Norway|#FE1800|6553269535.51009, 7206522121.80418, 8111945661.21624, 8753940266.90184, 9577383653.18303, 10227087165.2414, 11136187439.8326, 12814123115.2613, 14583114840.0629, 17358610849.701, 22534253702.8686, 27145693810.1341, 32877805200.023, 35942270686.3374, 41508030431.1074, 46522900253.7054, 53132244623.9213, 64439382896.0156, 63596654760.8677, 62647195537.6511, 61627240831.0948, 62057955032.7758, 65416879914.3907, 78693118044.0045, 94229907235.6215, 101900260856.222, 102633934390.615, 119791843059.572, 121872464483.487, 130838040067.584, 120579213712.804, 127131319428.701, 152029612324.788, 163520109150.671, 161356631888.484, 154230295158.447, 162383706021.13, 171457201935.968, 174239354070.977, 195914852576.467, 229385469337.024, 265268662473.297, 309978579743.888, 346915160681.708, 402643260487.572, 464917553191.489, 387976400617.019, 431052143940.438, 501360549669.404, 512777309840.997, 526014468085.106, 501736471832.848, 388159512245.53, 370956547619.048, 401745275035.261, 439788625883.8, 408742840909.091, 367633418886.627, 503367986030.268, 593726965415.619, 485310823603.662, 492823435153.047 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Norway 2021 2022 2023 2024
Current GDP (Billions, US$) 503 594 485 493
Current GDP per Capita (US$) 93,073 108,798 87,925 88,215
Real GDP (US$ Billions, 2010) 421 433 436 442
Real GDP per Capita (US$, 2010) 77,813 79,435 78,912 79,173
Real GDP PPP (Billions, 2017) 470 486 488 496
Real GDP per Capita PPP (int$ 2017) 64,974 66,786 67,928 67,027
GDP Annual Growth Rate (%) 3.9 3.0 0.5 1.5
GDP per Capita Annual Growth Rate (%) 3.4 2.1 -0.7 0.3
Data Quality Rating for Norway See how much you can trust Norway's GDP Data




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NORWAY'S ECONOMICS
NORWAY'S DEMOGRAPHY
NORWAY'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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