Economic Outlook No 115 — Private final consumption expenditure in Norway
Norway: Economic Outlook No 115 — Private final consumption expenditure was 2.12 trillion in 2025. ◆ Volatile
Economic Outlook No 115 — Private final consumption expenditure in Norway, 1960–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2025, economic outlook no 115 — private final consumption expenditure in Norway stood at 2.12 trillion. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.3% on the previous year and up 56.8% over ten years.
Over the whole period, economic outlook no 115 — private final consumption expenditure in Norway peaked at 2.12 trillion in 2025 and was at its lowest, 21.73 billion, in 1960.
That places Norway 17th out of 37 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 115 — Private final consumption expenditure in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 21.73 billion | — |
| 1961 | 23.67 billion | +8.9% |
| 1962 | 25.48 billion | +7.6% |
| 1963 | 27.12 billion | +6.4% |
| 1964 | 29.44 billion | +8.6% |
| 1965 | 31.44 billion | +6.8% |
| 1966 | 33.69 billion | +7.2% |
| 1967 | 36.57 billion | +8.5% |
| 1968 | 39.09 billion | +6.9% |
| 1969 | 43.57 billion | +11.5% |
| 1970 | 47.83 billion | +9.8% |
| 1971 | 53.68 billion | +12.2% |
| 1972 | 58.91 billion | +9.7% |
| 1973 | 65.45 billion | +11.1% |
| 1974 | 73.82 billion | +12.8% |
| 1975 | 86.49 billion | +17.2% |
| 1976 | 99.46 billion | +15.0% |
| 1977 | 114.86 billion | +15.5% |
| 1978 | 121.88 billion | +6.1% |
| 1979 | 133.81 billion | +9.8% |
| 1980 | 149.58 billion | +11.8% |
| 1981 | 169.51 billion | +13.3% |
| 1982 | 190.77 billion | +12.5% |
| 1983 | 210.81 billion | +10.5% |
| 1984 | 230.67 billion | +9.4% |
| 1985 | 266.49 billion | +15.5% |
| 1986 | 299.53 billion | +12.4% |
| 1987 | 322.15 billion | +7.6% |
| 1988 | 333.85 billion | +3.6% |
| 1989 | 348.01 billion | +4.2% |
| 1990 | 366.54 billion | +5.3% |
| 1991 | 387.87 billion | +5.8% |
| 1992 | 405.99 billion | +4.7% |
| 1993 | 425.43 billion | +4.8% |
| 1994 | 444.16 billion | +4.4% |
| 1995 | 470.91 billion | +6.0% |
| 1996 | 506.99 billion | +7.7% |
| 1997 | 535.34 billion | +5.6% |
| 1998 | 564.44 billion | +5.4% |
| 1999 | 597.04 billion | +5.8% |
| 2000 | 639.95 billion | +7.2% |
| 2001 | 667.51 billion | +4.3% |
| 2002 | 697.96 billion | +4.6% |
| 2003 | 740.69 billion | +6.1% |
| 2004 | 790.32 billion | +6.7% |
| 2005 | 834.55 billion | +5.6% |
| 2006 | 891.91 billion | +6.9% |
| 2007 | 951.21 billion | +6.6% |
| 2008 | 1.00 trillion | +5.2% |
| 2009 | 1.03 trillion | +2.5% |
| 2010 | 1.09 trillion | +6.0% |
| 2011 | 1.13 trillion | +3.5% |
| 2012 | 1.18 trillion | +4.6% |
| 2013 | 1.23 trillion | +4.9% |
| 2014 | 1.29 trillion | +4.4% |
| 2015 | 1.35 trillion | +5.1% |
| 2016 | 1.41 trillion | +4.2% |
| 2017 | 1.47 trillion | +4.3% |
| 2018 | 1.53 trillion | +3.8% |
| 2019 | 1.58 trillion | +3.3% |
| 2020 | 1.50 trillion | -4.8% |
| 2021 | 1.63 trillion | +8.1% |
| 2022 | 1.82 trillion | +11.7% |
| 2023 | 1.92 trillion | +5.9% |
| 2024 | 2.04 trillion | +5.8% |
| 2025 | 2.12 trillion | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 31.18 billion | 21.73 billion | 43.57 billion | 10 |
| 1970s | 85.62 billion | 47.83 billion | 133.81 billion | 10 |
| 1980s | 252.14 billion | 149.58 billion | 348.01 billion | 10 |
| 1990s | 470.47 billion | 366.54 billion | 597.04 billion | 10 |
| 2000s | 824.08 billion | 639.95 billion | 1.03 trillion | 10 |
| 2010s | 1.33 trillion | 1.09 trillion | 1.58 trillion | 10 |
| 2020s | 1.84 trillion | 1.50 trillion | 2.12 trillion | 6 |
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)
- 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)
- Services, value added (current US$), per capita 52,073 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.44 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 5.72 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 541,338 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.33 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5247 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 115 — private final consumption expenditure in Norway?
- Economic outlook no 115 — private final consumption expenditure in Norway was 2.12 trillion in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 115 — private final consumption expenditure recorded in Norway?
- The highest recorded value was 2.12 trillion in 2025.
- What is the lowest economic outlook no 115 — private final consumption expenditure recorded in Norway?
- The lowest recorded value was 21.73 billion in 1960.
- How does Norway rank for economic outlook no 115 — private final consumption expenditure?
- Norway ranks 17th out of 37 countries with data for 2025.
- Is economic outlook no 115 — private final consumption expenditure rising or falling in Norway?
- Over the last ten years it is up 56.8%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid updates them automatically from the source API.
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About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP