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Norway GDP Annual Growth Rate: -0.8% (2020)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Norway is estimated to be $489 Billion US dollars at the end of 2020.

The economy of Norway has grown at an average annual growth rate of 0.9% in the last four years and is ranked the 18th largest economy in Europe, ahead of Hungary.

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

GDP Annual Growth Rate: Norway


Source: World Bank, World Economics
0 0 0 Norway|#FE1800|5.20446359906359, 66.2190837814041, 81.8877967082859, 25.6661688224545, 13.8950964387048, 0.898225086322796, 9.82522417020564, -14.2520578589733, 11.4988064790158, 24.4335027373295, 20.5401229164328, 1.0072183295059, -3.69353108972435, 4.3317415409509, 6.03544411456952, 17.0470783912463, 11.5698374000073, 16.666670729861, 16.7115939857574, 14.0071971053407, 2.00215978084151, -3.44078415827026, 5.96402764067663, 11.7568618379489, -0.130425740071871, 6.07407850817931, 8.41388363287596, 6.04296027492381, 3.87577430784711, 4.99681966342618, 3.04594000516114, 6.03351230687568, 2.64233797437467, 0.331496297334994, 6.55106639316263, 4.48280228319562, -1.10090483002305, -2.66859121195165, 1.29220503686167, 2.49022149209704, 5.37188878859551, 4.45268415095769, 8.20007797763616, 6.11239553317404, 1.71398520966892, 2.65886867278347, 9.04504293414206, 5.1047994273881, 1.4585557818867, 4.63037451650305, 1.07155897720727, 2.3232584068849, 1.11882882717687, 0.851897613690838, -0.762477535422946 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,








 





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Economic Indicators: Norway 2017 2018 2019 2020
GDP Annual Growth Rate (%) 2.3 1.1 0.9 -0.8
GDP per Capita Annual Growth Rate (%) 1.5 0.5 0.2 -1.3
Real GDP (US$ Billions, 2010) 483 489 493 489
Real GDP per Capita (US$, 2010) 91,549 91,964 92,124 90,885
Current GDP (Billions, US$) 398 437 406 362
Current GDP per Capita (US$) 75,497 82,268 75,826 67,294
Real GDP PPP (Billions, 2017) 332 336 340 342
Real GDP per Capita PPP (int$ 2017) 62,711 63,024 63,267 63,096
Data Quality Rating for Norway See how much you can trust Norway's GDP Data





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