Annual GDP growth in Norway
Norway: Annual GDP growth was 2.1% in 2024. ◆ Volatile
Latest (2024)
2.1%
Change on year
up 2,807.9%
World rank
130th
of 196 countries
All-time high
4.0%
in 2004
All-time low
-1.9%
in 2009
Years of data
25
2000–2024
Annual GDP growth in Norway, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Norway recorded 2.1% for annual gdp growth in 2024.
Compared with earlier readings it is up 2,807.9% on the previous year and up 2.4% over ten years.
Over the whole period, annual gdp growth in Norway peaked at 4.0% in 2004 and was at its lowest, -1.9%, in 2009.
Norway ranks 130th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.3% | — |
| 2001 | 2.1% | -37.7% |
| 2002 | 1.4% | -33.4% |
| 2003 | 0.9% | -31.4% |
| 2004 | 4.0% | +324.9% |
| 2005 | 2.7% | -33.1% |
| 2006 | 2.5% | -8.3% |
| 2007 | 2.9% | +18.4% |
| 2008 | 0.5% | -83.5% |
| 2009 | -1.9% | -502.6% |
| 2010 | 0.8% | -140.6% |
| 2011 | 1.1% | +40.5% |
| 2012 | 2.7% | +145.8% |
| 2013 | 1.0% | -62.6% |
| 2014 | 2.0% | +101.5% |
| 2015 | 1.9% | -9.3% |
| 2016 | 1.2% | -37.3% |
| 2017 | 2.5% | +111.5% |
| 2018 | 0.8% | -66.4% |
| 2019 | 1.1% | +35.6% |
| 2020 | -1.3% | -213.7% |
| 2021 | 3.9% | -405.8% |
| 2022 | 3.2% | -16.9% |
| 2023 | 0.1% | -97.8% |
| 2024 | 2.1% | +2808.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | -1.9% | 4.0% | 10 |
| 2010s | 1.5% | 0.8% | 2.7% | 10 |
| 2020s | 1.6% | -1.3% | 3.9% | 5 |
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)
- GNI, Atlas method (current US$), annual growth rate -2.04 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 97,312 current US$ per person (2025)
- GNI (current US$), annual growth rate 6.43 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.04 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 97,980 current US$ per person (2025)
- GNI (current LCU), annual growth rate 2.97 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 10.77 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Norway?
- Annual gdp growth in Norway was 2.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Norway?
- The highest recorded value was 4.0% in 2004.
- What is the lowest annual gdp growth recorded in Norway?
- The lowest recorded value was -1.9% in 2009.
- How does Norway rank for annual gdp growth?
- Norway ranks 130th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Norway?
- Over the last ten years it is up 2.4%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).