Norway GDP Annual Growth Rate: 1.5% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Norway is estimated to be $442 Billion US dollars at the end of 2024.

The economy of Norway has grown at an average annual growth rate of 2.2% in the last four years and is ranked the 12th largest economy in Europe, ahead of Austria.

World Economics Rates Norway's Offical GDP Data as Grade A

GDP Annual Growth Rate: Norway


Source: World Bank, World Economics
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Economic Indicators: Norway 2021 2022 2023 2024
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
Real GDP (US$ Billions, 2010) 421 433 436 442
Real GDP per Capita (US$, 2010) 77,813 79,435 78,912 79,173
Current GDP (Billions, US$) 503 594 485 493
Current GDP per Capita (US$) 93,073 108,798 87,925 88,215
Real GDP PPP (Billions, 2017) 470 486 488 496
Real GDP per Capita PPP (int$ 2017) 64,974 66,786 67,928 67,027
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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