Adjusted net national income in Norway
Norway: Adjusted net national income was 15.7% in 2021. ◆ Volatile
Adjusted net national income in Norway, 1971–2021
Source: Staff estimates, World Bank (WB). Measured in annual % growth.
Analysis
Norway recorded 15.7% for adjusted net national income in 2021. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 306.3% on the previous year and up 523.0% over ten years.
Over the whole period, adjusted net national income in Norway peaked at 15.7% in 2021 and was at its lowest, -7.6%, in 2020.
That places Norway 10th out of 154 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income in Norway, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 6.7% | — |
| 1972 | 2.8% | -57.9% |
| 1973 | 6.9% | +145.1% |
| 1974 | 2.1% | -70.1% |
| 1975 | 1.2% | -43.2% |
| 1976 | 2.2% | +91.7% |
| 1977 | 1.2% | -45.6% |
| 1978 | 0.1% | -91.4% |
| 1979 | 2.9% | +2720.3% |
| 1980 | 7.8% | +165.4% |
| 1981 | 5.0% | -36.2% |
| 1982 | 0.7% | -86.0% |
| 1983 | 0.8% | +13.3% |
| 1984 | 6.5% | +723.5% |
| 1985 | 5.2% | -19.9% |
| 1986 | -0.6% | -111.9% |
| 1987 | -1.9% | +214.6% |
| 1988 | -3.5% | +80.8% |
| 1989 | -1.5% | -57.8% |
| 1990 | 0.9% | -158.1% |
| 1991 | 5.4% | +522.0% |
| 1992 | 1.7% | -68.8% |
| 1993 | 2.4% | +41.1% |
| 1994 | 5.3% | +125.0% |
| 1995 | 5.6% | +5.2% |
| 1996 | 5.2% | -7.7% |
| 1997 | 9.1% | +76.9% |
| 1998 | 3.5% | -61.6% |
| 1999 | 2.2% | -37.1% |
| 2000 | 7.8% | +251.3% |
| 2001 | 4.5% | -42.0% |
| 2002 | -1.7% | -138.1% |
| 2003 | 1.8% | -202.3% |
| 2004 | 7.8% | +343.6% |
| 2005 | 10.5% | +34.7% |
| 2006 | 6.6% | -36.9% |
| 2007 | 2.6% | -60.3% |
| 2008 | 2.3% | -12.8% |
| 2009 | -7.2% | -414.5% |
| 2010 | 5.1% | -170.3% |
| 2011 | 2.5% | -50.4% |
| 2012 | 4.4% | +75.5% |
| 2013 | 2.2% | -51.1% |
| 2014 | 1.5% | -28.5% |
| 2015 | -0.9% | -161.2% |
| 2016 | -1.5% | +58.2% |
| 2017 | 2.6% | -271.5% |
| 2018 | 3.4% | +33.7% |
| 2019 | -3.2% | -192.5% |
| 2020 | -7.6% | +139.3% |
| 2021 | 15.7% | -306.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.9% | 0.1% | 6.9% | 9 |
| 1980s | 1.8% | -3.5% | 7.8% | 10 |
| 1990s | 4.1% | 0.9% | 9.1% | 10 |
| 2000s | 3.5% | -7.2% | 10.5% | 10 |
| 2010s | 1.6% | -3.2% | 5.1% | 10 |
| 2020s | 4.0% | -7.6% | 15.7% | 2 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 0.0198 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.257 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 24,312 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.0192 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1.85 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 174,725 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.99 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5505 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted net national income in Norway?
- Adjusted net national income in Norway was 15.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in Norway?
- The highest recorded value was 15.7% in 2021.
- What is the lowest adjusted net national income recorded in Norway?
- The lowest recorded value was -7.6% in 2020.
- How does Norway rank for adjusted net national income?
- Norway ranks 10th out of 154 countries with data for 2021.
- Is adjusted net national income rising or falling in Norway?
- Over the last ten years it is up 523.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.