Adjusted savings: carbon dioxide damage in Norway
Norway: Adjusted savings: carbon dioxide damage was 1.59 billion current US$ in 2021. ▲ Rising
Adjusted savings: carbon dioxide damage in Norway, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: carbon dioxide damage in Norway is 1.59 billion current US$, measured in 2021. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 34.2% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Norway peaked at 1.59 billion current US$ in 2021 and was at its lowest, 350.08 million current US$, in 1991.
Norway ranks 67th of 210 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Adjusted savings: carbon dioxide damage in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 355.17 million current US$ | — |
| 1991 | 350.08 million current US$ | -1.4% |
| 1992 | 404.56 million current US$ | +15.6% |
| 1993 | 454.73 million current US$ | +12.4% |
| 1994 | 503.89 million current US$ | +10.8% |
| 1995 | 525.73 million current US$ | +4.3% |
| 1996 | 550.74 million current US$ | +4.8% |
| 1997 | 604.96 million current US$ | +9.8% |
| 1998 | 648.64 million current US$ | +7.2% |
| 1999 | 704.72 million current US$ | +8.6% |
| 2000 | 636.48 million current US$ | -9.7% |
| 2001 | 673.81 million current US$ | +5.9% |
| 2002 | 692.65 million current US$ | +2.8% |
| 2003 | 781.05 million current US$ | +12.8% |
| 2004 | 823.81 million current US$ | +5.5% |
| 2005 | 845.73 million current US$ | +2.7% |
| 2006 | 912.28 million current US$ | +7.9% |
| 2007 | 972.18 million current US$ | +6.6% |
| 2008 | 989.51 million current US$ | +1.8% |
| 2009 | 1.03 billion current US$ | +4.5% |
| 2010 | 1.18 billion current US$ | +14.5% |
| 2011 | 1.18 billion current US$ | -0.2% |
| 2012 | 1.20 billion current US$ | +1.2% |
| 2013 | 1.28 billion current US$ | +6.8% |
| 2014 | 1.32 billion current US$ | +3.1% |
| 2015 | 1.37 billion current US$ | +4.3% |
| 2016 | 1.39 billion current US$ | +1.4% |
| 2017 | 1.41 billion current US$ | +1.4% |
| 2018 | 1.47 billion current US$ | +4.3% |
| 2019 | 1.47 billion current US$ | -0.5% |
| 2020 | 1.47 billion current US$ | +0.1% |
| 2021 | 1.59 billion current US$ | +8.0% |
Norway compared with similar countries
- Norway's 1.59 billion current US$ is above the median for high income countries, which is 970.21 million current US$, 1.6× the median. (78 countries reporting)
- Norway's 1.59 billion current US$ is below the median for Europe & Central Asia, which is 1.59 billion current US$, 100% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 510.32 million current US$ | 350.08 million current US$ | 704.72 million current US$ | 10 |
| 2000s | 836.12 million current US$ | 636.48 million current US$ | 1.03 billion current US$ | 10 |
| 2010s | 1.33 billion current US$ | 1.18 billion current US$ | 1.47 billion current US$ | 10 |
| 2020s | 1.53 billion current US$ | 1.47 billion current US$ | 1.59 billion current US$ | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Norway?
- Adjusted savings: carbon dioxide damage in Norway was 1.59 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Norway?
- The highest recorded value was 1.59 billion current US$ in 2021.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Norway?
- The lowest recorded value was 350.08 million current US$ in 1991.
- How does Norway rank for adjusted savings: carbon dioxide damage?
- Norway ranks 67th out of 210 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Norway?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.