Economic Outlook No 117 — Private final consumption expenditure in Norway
Norway: Economic Outlook No 117 — Private final consumption expenditure was 2.21 in 2026. ◆ Volatile
Economic Outlook No 117 — Private final consumption expenditure in Norway, 1961–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — private final consumption expenditure in Norway stood at 2.21.
Compared with earlier readings it is down 18.6% on the previous year and up 96.4% over ten years.
Over the whole period, economic outlook no 117 — private final consumption expenditure in Norway peaked at 9.23 in 1985 and was at its lowest, -6.22, in 2020.
That places Norway 14th out of 38 countries with data for 2026, 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 117 — Private final consumption expenditure in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 5.83 | — |
| 1962 | 3.08 | -47.2% |
| 1963 | 3.39 | +10.1% |
| 1964 | 3.74 | +10.3% |
| 1965 | 2.46 | -34.1% |
| 1966 | 3.59 | +46.0% |
| 1967 | 3.84 | +6.8% |
| 1968 | 3.67 | -4.3% |
| 1969 | 7.67 | +109.0% |
| 1970 | -0.0095 | -100.1% |
| 1971 | 5.58 | -58633.6% |
| 1972 | 2.74 | -50.9% |
| 1973 | 3.54 | +29.0% |
| 1974 | 2.97 | -16.1% |
| 1975 | 5.46 | +84.0% |
| 1976 | 6 | +9.8% |
| 1977 | 6.32 | +5.5% |
| 1978 | -1.68 | -126.6% |
| 1979 | 4.2 | -349.9% |
| 1980 | 2.07 | -50.7% |
| 1981 | 0.3022 | -85.4% |
| 1982 | 1.12 | +271.1% |
| 1983 | 1.98 | +76.6% |
| 1984 | 3.19 | +61.2% |
| 1985 | 9.23 | +189.1% |
| 1986 | 5.05 | -45.3% |
| 1987 | -0.6172 | -112.2% |
| 1988 | -2.11 | +242.1% |
| 1989 | -0.6114 | -71.0% |
| 1990 | 0.6926 | -213.3% |
| 1991 | 2.08 | +200.9% |
| 1992 | 2.36 | +13.4% |
| 1993 | 2.27 | -3.9% |
| 1994 | 3.39 | +49.5% |
| 1995 | 3.61 | +6.4% |
| 1996 | 6.32 | +75.0% |
| 1997 | 3.12 | -50.6% |
| 1998 | 2.83 | -9.4% |
| 1999 | 3.73 | +32.0% |
| 2000 | 4.17 | +11.7% |
| 2001 | 2.06 | -50.5% |
| 2002 | 3.14 | +52.0% |
| 2003 | 3.19 | +1.8% |
| 2004 | 5.45 | +70.7% |
| 2005 | 4.4 | -19.2% |
| 2006 | 4.96 | +12.7% |
| 2007 | 5.31 | +7.0% |
| 2008 | 1.68 | -68.4% |
| 2009 | 0.0304 | -98.2% |
| 2010 | 3.81 | +12422.4% |
| 2011 | 2.36 | -37.9% |
| 2012 | 3.5 | +48.1% |
| 2013 | 2.81 | -19.7% |
| 2014 | 2.07 | -26.3% |
| 2015 | 2.71 | +30.8% |
| 2016 | 1.12 | -58.5% |
| 2017 | 2.24 | +99.3% |
| 2018 | 1.43 | -36.0% |
| 2019 | 1.02 | -28.7% |
| 2020 | -6.22 | -708.4% |
| 2021 | 5.1 | -181.9% |
| 2022 | 7.84 | +53.7% |
| 2023 | -1.23 | -115.7% |
| 2024 | 1.16 | -194.0% |
| 2025 | 2.71 | +133.8% |
| 2026 | 2.21 | -18.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.14 | 2.46 | 7.67 | 9 |
| 1970s | 3.51 | -1.68 | 6.32 | 10 |
| 1980s | 1.96 | -2.11 | 9.23 | 10 |
| 1990s | 3.04 | 0.6926 | 6.32 | 10 |
| 2000s | 3.44 | 0.0304 | 5.45 | 10 |
| 2010s | 2.31 | 1.02 | 3.81 | 10 |
| 2020s | 1.65 | -6.22 | 7.84 | 7 |
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 economic outlook no 117 — private final consumption expenditure in Norway?
- Economic outlook no 117 — private final consumption expenditure in Norway was 2.21 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — private final consumption expenditure recorded in Norway?
- The highest recorded value was 9.23 in 1985.
- What is the lowest economic outlook no 117 — private final consumption expenditure recorded in Norway?
- The lowest recorded value was -6.22 in 2020.
- How does Norway rank for economic outlook no 117 — private final consumption expenditure?
- Norway ranks 14th out of 38 countries with data for 2026.
- Is economic outlook no 117 — private final consumption expenditure rising or falling in Norway?
- Over the last ten years it is up 96.4%. 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 117 — Private final consumption expenditure, volume, growth. Statizoid updates them automatically from the source API.
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About this data
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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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