GDP (constant LCU) (UNICEF) in Norway
Norway: GDP (constant LCU) (UNICEF) was 3.79 trillion in 2024. ▲ Rising
Latest (2024)
3.79 trillion
Change on year
up 2.1%
World rank
15th
of 74 countries
All-time high
3.79 trillion
in 2024
All-time low
587.98 billion
in 1960
Years of data
65
1960–2024
GDP in Norway, 1960–2024
Source: UNICEF.
Analysis
In 2024, gdp in Norway stood at 3.79 trillion. That is the highest value across all 65 years on record.
That represents a change of up 2.1% on the previous year and up 16.5% over ten years.
Over the whole period, gdp in Norway peaked at 3.79 trillion in 2024 and was at its lowest, 587.98 billion, in 1960.
Norway ranks 15th of 74 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
GDP (constant LCU) (UNICEF) in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 587.98 billion | — |
| 1961 | 624.86 billion | +6.3% |
| 1962 | 642.45 billion | +2.8% |
| 1963 | 666.76 billion | +3.8% |
| 1964 | 700.16 billion | +5.0% |
| 1965 | 737.17 billion | +5.3% |
| 1966 | 765.09 billion | +3.8% |
| 1967 | 812.95 billion | +6.3% |
| 1968 | 831.32 billion | +2.3% |
| 1969 | 868.77 billion | +4.5% |
| 1970 | 885.65 billion | +1.9% |
| 1971 | 935.90 billion | +5.7% |
| 1972 | 985.79 billion | +5.3% |
| 1973 | 1.03 trillion | +4.5% |
| 1974 | 1.07 trillion | +3.9% |
| 1975 | 1.12 trillion | +5.0% |
| 1976 | 1.19 trillion | +5.8% |
| 1977 | 1.24 trillion | +4.2% |
| 1978 | 1.29 trillion | +3.9% |
| 1979 | 1.34 trillion | +4.4% |
| 1980 | 1.40 trillion | +4.6% |
| 1981 | 1.43 trillion | +1.6% |
| 1982 | 1.43 trillion | +0.2% |
| 1983 | 1.49 trillion | +4.0% |
| 1984 | 1.58 trillion | +6.1% |
| 1985 | 1.66 trillion | +5.6% |
| 1986 | 1.73 trillion | +4.0% |
| 1987 | 1.76 trillion | +1.8% |
| 1988 | 1.76 trillion | -0.3% |
| 1989 | 1.78 trillion | +1.0% |
| 1990 | 1.81 trillion | +1.9% |
| 1991 | 1.87 trillion | +3.1% |
| 1992 | 1.93 trillion | +3.6% |
| 1993 | 1.99 trillion | +2.8% |
| 1994 | 2.09 trillion | +5.1% |
| 1995 | 2.18 trillion | +4.2% |
| 1996 | 2.28 trillion | +5.0% |
| 1997 | 2.41 trillion | +5.3% |
| 1998 | 2.47 trillion | +2.7% |
| 1999 | 2.52 trillion | +2.1% |
| 2000 | 2.60 trillion | +3.3% |
| 2001 | 2.66 trillion | +2.1% |
| 2002 | 2.69 trillion | +1.4% |
| 2003 | 2.72 trillion | +0.9% |
| 2004 | 2.83 trillion | +4.0% |
| 2005 | 2.91 trillion | +2.7% |
| 2006 | 2.98 trillion | +2.5% |
| 2007 | 3.06 trillion | +2.9% |
| 2008 | 3.08 trillion | +0.5% |
| 2009 | 3.02 trillion | -1.9% |
| 2010 | 3.04 trillion | +0.8% |
| 2011 | 3.08 trillion | +1.1% |
| 2012 | 3.16 trillion | +2.7% |
| 2013 | 3.19 trillion | +1.0% |
| 2014 | 3.26 trillion | +2.0% |
| 2015 | 3.32 trillion | +1.9% |
| 2016 | 3.36 trillion | +1.2% |
| 2017 | 3.44 trillion | +2.5% |
| 2018 | 3.47 trillion | +0.8% |
| 2019 | 3.51 trillion | +1.1% |
| 2020 | 3.46 trillion | -1.3% |
| 2021 | 3.60 trillion | +3.9% |
| 2022 | 3.71 trillion | +3.2% |
| 2023 | 3.72 trillion | +0.1% |
| 2024 | 3.79 trillion | +2.1% |
Norway compared with similar countries
- Norway's 3.79 trillion is above the median for high income countries, which is 445.69 billion, 8.5× the median. (42 countries reporting)
- Norway's 3.79 trillion is above the median for Europe & Central Asia, which is 490.93 billion, 7.7× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 723.75 billion | 587.98 billion | 868.77 billion | 10 |
| 1970s | 1.11 trillion | 885.65 billion | 1.34 trillion | 10 |
| 1980s | 1.60 trillion | 1.40 trillion | 1.78 trillion | 10 |
| 1990s | 2.15 trillion | 1.81 trillion | 2.52 trillion | 10 |
| 2000s | 2.85 trillion | 2.60 trillion | 3.08 trillion | 10 |
| 2010s | 3.28 trillion | 3.04 trillion | 3.51 trillion | 10 |
| 2020s | 3.66 trillion | 3.46 trillion | 3.79 trillion | 5 |
Countries ranked near Norway
More economy & growth data for Norway
- Real gdp growth, annual growth rate -23.81 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,340 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4463 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 978.78 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.99 % change on previous year (2025)
Frequently asked questions
- What is gdp in Norway?
- Gdp in Norway was 3.79 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Norway?
- The highest recorded value was 3.79 trillion in 2024.
- What is the lowest gdp recorded in Norway?
- The lowest recorded value was 587.98 billion in 1960.
- How does Norway rank for gdp?
- Norway ranks 15th out of 74 countries with data for 2024.
- Is gdp rising or falling in Norway?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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