Economic Outlook No 118 — Indicator of competitiveness based on in Norway
Norway: Economic Outlook No 118 — Indicator of competitiveness based on was 89.3 in 2027. ▼ Falling
Economic Outlook No 118 — Indicator of competitiveness based on in Norway, 1970–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2027, economic outlook no 118 — indicator of competitiveness based on in Norway stood at 89.3.
That represents a change of up 0.3% on the previous year and down 12.9% over ten years.
Over the whole period, economic outlook no 118 — indicator of competitiveness based on in Norway peaked at 120.18 in 1977 and was at its lowest, 87.51, in 2024.
That places Norway 37th out of 39 countries with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 58 years of available data.
Economic Outlook No 118 — Indicator of competitiveness based on in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 106.89 | — |
| 1971 | 105.84 | -1.0% |
| 1972 | 107.43 | +1.5% |
| 1973 | 111.19 | +3.5% |
| 1974 | 113.91 | +2.4% |
| 1975 | 117.08 | +2.8% |
| 1976 | 119.16 | +1.8% |
| 1977 | 120.18 | +0.9% |
| 1978 | 113.38 | -5.7% |
| 1979 | 107.55 | -5.1% |
| 1980 | 108.75 | +1.1% |
| 1981 | 114.19 | +5.0% |
| 1982 | 119.46 | +4.6% |
| 1983 | 119.19 | -0.2% |
| 1984 | 117.44 | -1.5% |
| 1985 | 116.36 | -0.9% |
| 1986 | 114.75 | -1.4% |
| 1987 | 116.84 | +1.8% |
| 1988 | 120.03 | +2.7% |
| 1989 | 119.54 | -0.4% |
| 1990 | 117.75 | -1.5% |
| 1991 | 113.56 | -3.6% |
| 1992 | 113.39 | -0.2% |
| 1993 | 108.98 | -3.9% |
| 1994 | 105.98 | -2.8% |
| 1995 | 108.44 | +2.3% |
| 1996 | 107.09 | -1.2% |
| 1997 | 108.3 | +1.1% |
| 1998 | 105.6 | -2.5% |
| 1999 | 106.66 | +1.0% |
| 2000 | 104.98 | -1.6% |
| 2001 | 108.85 | +3.7% |
| 2002 | 117.58 | +8.0% |
| 2003 | 116.07 | -1.3% |
| 2004 | 110.85 | -4.5% |
| 2005 | 114.8 | +3.6% |
| 2006 | 114.23 | -0.5% |
| 2007 | 113.89 | -0.3% |
| 2008 | 113.82 | -0.1% |
| 2009 | 112.05 | -1.6% |
| 2010 | 116.78 | +4.2% |
| 2011 | 117.05 | +0.2% |
| 2012 | 116.81 | -0.2% |
| 2013 | 114.67 | -1.8% |
| 2014 | 109.81 | -4.2% |
| 2015 | 101.48 | -7.6% |
| 2016 | 101.97 | +0.5% |
| 2017 | 102.5 | +0.5% |
| 2018 | 103.01 | +0.5% |
| 2019 | 100.51 | -2.4% |
| 2020 | 94.27 | -6.2% |
| 2021 | 100 | +6.1% |
| 2022 | 96.85 | -3.2% |
| 2023 | 88.33 | -8.8% |
| 2024 | 87.51 | -0.9% |
| 2025 | 88.28 | +0.9% |
| 2026 | 89 | +0.8% |
| 2027 | 89.3 | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 112.26 | 105.84 | 120.18 | 10 |
| 1980s | 116.65 | 108.75 | 120.03 | 10 |
| 1990s | 109.57 | 105.6 | 117.75 | 10 |
| 2000s | 112.71 | 104.98 | 117.58 | 10 |
| 2010s | 108.46 | 100.51 | 117.05 | 10 |
| 2020s | 91.69 | 87.51 | 100 | 8 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0612 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 5,785 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.6357 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 60,137 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.055 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 5,206 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 46,282 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.51 % change on previous year (2025)
Frequently asked questions
- What is economic outlook no 118 — indicator of competitiveness based on in Norway?
- Economic outlook no 118 — indicator of competitiveness based on in Norway was 89.3 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — indicator of competitiveness based on recorded in Norway?
- The highest recorded value was 120.18 in 1977.
- What is the lowest economic outlook no 118 — indicator of competitiveness based on recorded in Norway?
- The lowest recorded value was 87.51 in 2024.
- How does Norway rank for economic outlook no 118 — indicator of competitiveness based on?
- Norway ranks 37th out of 39 countries with data for 2027.
- Is economic outlook no 118 — indicator of competitiveness based on rising or falling in Norway?
- Over the last ten years it is down 12.9%. The long-run trend across the full record is falling.
- 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 118 — Indicator of competitiveness based on relative consumer prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under OECD Terms and Conditions (attribution required).
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 118 (Edition 2025/2) EO118 Database documentation EO118 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