GDP in Norway
Norway: GDP was 470.26 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
470.26 billion constant 2015 US$
Change on year
up 1.1%
World rank
31st
of 212 countries
All-time high
470.26 billion constant 2015 US$
in 2025
All-time low
68.71 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
GDP in Norway, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in Norway is 470.26 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 17.4% over ten years.
Over the whole period, gdp in Norway peaked at 470.26 billion constant 2015 US$ in 2025 and was at its lowest, 68.71 billion constant 2015 US$, in 1960.
Norway ranks 31st of 212 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
GDP in Norway, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 68.71 billion constant 2015 US$ | — |
| 1961 | 73.02 billion constant 2015 US$ | +6.3% |
| 1962 | 75.07 billion constant 2015 US$ | +2.8% |
| 1963 | 77.91 billion constant 2015 US$ | +3.8% |
| 1964 | 81.82 billion constant 2015 US$ | +5.0% |
| 1965 | 86.14 billion constant 2015 US$ | +5.3% |
| 1966 | 89.40 billion constant 2015 US$ | +3.8% |
| 1967 | 94.99 billion constant 2015 US$ | +6.3% |
| 1968 | 97.14 billion constant 2015 US$ | +2.3% |
| 1969 | 101.52 billion constant 2015 US$ | +4.5% |
| 1970 | 103.49 billion constant 2015 US$ | +1.9% |
| 1971 | 109.40 billion constant 2015 US$ | +5.7% |
| 1972 | 115.19 billion constant 2015 US$ | +5.3% |
| 1973 | 120.36 billion constant 2015 US$ | +4.5% |
| 1974 | 125.13 billion constant 2015 US$ | +4.0% |
| 1975 | 131.32 billion constant 2015 US$ | +4.9% |
| 1976 | 139.00 billion constant 2015 US$ | +5.8% |
| 1977 | 144.77 billion constant 2015 US$ | +4.2% |
| 1978 | 150.35 billion constant 2015 US$ | +3.9% |
| 1979 | 156.90 billion constant 2015 US$ | +4.4% |
| 1980 | 164.00 billion constant 2015 US$ | +4.5% |
| 1981 | 166.75 billion constant 2015 US$ | +1.7% |
| 1982 | 167.15 billion constant 2015 US$ | +0.2% |
| 1983 | 173.74 billion constant 2015 US$ | +3.9% |
| 1984 | 184.29 billion constant 2015 US$ | +6.1% |
| 1985 | 194.54 billion constant 2015 US$ | +5.6% |
| 1986 | 202.41 billion constant 2015 US$ | +4.0% |
| 1987 | 205.95 billion constant 2015 US$ | +1.7% |
| 1988 | 205.27 billion constant 2015 US$ | -0.3% |
| 1989 | 207.38 billion constant 2015 US$ | +1.0% |
| 1990 | 211.44 billion constant 2015 US$ | +2.0% |
| 1991 | 217.49 billion constant 2015 US$ | +2.9% |
| 1992 | 225.24 billion constant 2015 US$ | +3.6% |
| 1993 | 231.71 billion constant 2015 US$ | +2.9% |
| 1994 | 243.39 billion constant 2015 US$ | +5.0% |
| 1995 | 253.49 billion constant 2015 US$ | +4.2% |
| 1996 | 266.09 billion constant 2015 US$ | +5.0% |
| 1997 | 279.64 billion constant 2015 US$ | +5.1% |
| 1998 | 287.26 billion constant 2015 US$ | +2.7% |
| 1999 | 293.53 billion constant 2015 US$ | +2.2% |
| 2000 | 303.64 billion constant 2015 US$ | +3.4% |
| 2001 | 310.21 billion constant 2015 US$ | +2.2% |
| 2002 | 314.73 billion constant 2015 US$ | +1.5% |
| 2003 | 318.18 billion constant 2015 US$ | +1.1% |
| 2004 | 331.96 billion constant 2015 US$ | +4.3% |
| 2005 | 341.82 billion constant 2015 US$ | +3.0% |
| 2006 | 351.55 billion constant 2015 US$ | +2.8% |
| 2007 | 363.57 billion constant 2015 US$ | +3.4% |
| 2008 | 366.56 billion constant 2015 US$ | +0.8% |
| 2009 | 360.65 billion constant 2015 US$ | -1.6% |
| 2010 | 364.28 billion constant 2015 US$ | +1.0% |
| 2011 | 369.32 billion constant 2015 US$ | +1.4% |
| 2012 | 379.75 billion constant 2015 US$ | +2.8% |
| 2013 | 384.58 billion constant 2015 US$ | +1.3% |
| 2014 | 392.64 billion constant 2015 US$ | +2.1% |
| 2015 | 400.67 billion constant 2015 US$ | +2.0% |
| 2016 | 405.84 billion constant 2015 US$ | +1.3% |
| 2017 | 416.68 billion constant 2015 US$ | +2.7% |
| 2018 | 421.31 billion constant 2015 US$ | +1.1% |
| 2019 | 427.50 billion constant 2015 US$ | +1.5% |
| 2020 | 421.68 billion constant 2015 US$ | -1.4% |
| 2021 | 439.15 billion constant 2015 US$ | +4.1% |
| 2022 | 457.07 billion constant 2015 US$ | +4.1% |
| 2023 | 458.68 billion constant 2015 US$ | +0.4% |
| 2024 | 465.21 billion constant 2015 US$ | +1.4% |
| 2025 | 470.26 billion constant 2015 US$ | +1.1% |
Norway compared with similar countries
- Norway's 470.26 billion constant 2015 US$ is above the median for high income countries, which is 76.03 billion constant 2015 US$, 6.2× the median. (80 countries reporting)
- Norway's 470.26 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 70.96 billion constant 2015 US$, 6.6× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 84.57 billion constant 2015 US$ | 68.71 billion constant 2015 US$ | 101.52 billion constant 2015 US$ | 10 |
| 1970s | 129.59 billion constant 2015 US$ | 103.49 billion constant 2015 US$ | 156.90 billion constant 2015 US$ | 10 |
| 1980s | 187.15 billion constant 2015 US$ | 164.00 billion constant 2015 US$ | 207.38 billion constant 2015 US$ | 10 |
| 1990s | 250.93 billion constant 2015 US$ | 211.44 billion constant 2015 US$ | 293.53 billion constant 2015 US$ | 10 |
| 2000s | 336.29 billion constant 2015 US$ | 303.64 billion constant 2015 US$ | 366.56 billion constant 2015 US$ | 10 |
| 2010s | 396.26 billion constant 2015 US$ | 364.28 billion constant 2015 US$ | 427.50 billion constant 2015 US$ | 10 |
| 2020s | 452.01 billion constant 2015 US$ | 421.68 billion constant 2015 US$ | 470.26 billion constant 2015 US$ | 6 |
Countries ranked near Norway
- 28 Egypt 503.37 billion constant 2015 US$ compare
- 29 Thailand 485.78 billion constant 2015 US$ compare
- 30 Philippines 474.84 billion constant 2015 US$ compare
- 32 United Arab Emirates 457.09 billion constant 2015 US$ compare
- 33 Malaysia 444.41 billion constant 2015 US$ compare
- 34 Vietnam 437.71 billion constant 2015 US$ compare
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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gdp in Norway?
- Gdp in Norway was 470.26 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Norway?
- The highest recorded value was 470.26 billion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in Norway?
- The lowest recorded value was 68.71 billion constant 2015 US$ in 1960.
- How does Norway rank for gdp?
- Norway ranks 31st out of 212 countries with data for 2025.
- Is gdp rising or falling in Norway?
- Over the last ten years it is up 17.4%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.