Norway GDP: $496 Billion

GROSS DOMESTIC PRODUCT (REAL PPP IN 2021 PRICES)

Norway GDP Forecast: $496 Billion in 2024, $504.9 Billion projected for 2025 (PPP).

GDP in Norway is estimated to be $496 Billion international dollars at the end of 2024 in GDP PPP terms.

Looking ahead to 2025, projections suggest Norway's 2025 GDP estimate could be $504.9 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 1.4% 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

Real GDP PPP (Int$): Norway


Source: World Economics
Notes: 2021 Constant Prices (Int$)
0 0 0 Norway|#FE1800|24342952291.6125, 24593513158.6722, 27094904645.3885, 23769237226.6277, 33123758664.8413, 46385209427.0876, 55203374972.9772, 67029870117.0621, 81402805860.5408, 85049450400.3528, 90522022268.5786, 109606726483.838, 123967053281.396, 142356405548.988, 165344952679.726, 193429487759.038, 197662121998.513, 190079435136.528, 200601210216.524, 206770003609.275, 225684049128.404, 232867358354.145, 241499505920.27, 248572191040.941, 261807688635.352, 273158777983.022, 287620168090.247, 303667773970.605, 311852102317.579, 318258204887.221, 328796049972.423, 335762416332.768, 340689654565.119, 343818768653.588, 358030482766.237, 367683866890.088, 376724466047.423, 388352724696.041, 390211614784.568, 383586989570.141, 386298160723.054, 390127139598.903, 400965534118.593, 405155133613.088, 413295164980.416, 432311889453.515, 437406468598.622, 448455268619.579, 452203727690.304, 457343106971.625, 451571250658.69, 469939722449.445, 485863136051.361, 488360472570.665, 495920292686.059 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
Real GDP PPP (Billions, 2017) 470 486 488 496
Real GDP per Capita PPP (int$ 2017) 64,974 66,786 67,928 67,027
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, 2015) 421 433 436 442
Real GDP per Capita (US$, 2015) 77,813 79,435 78,912 79,173
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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