GDP in Norway
Norway: GDP was 5.20 trillion in 2024. β Volatile
Latest (2024)
5.20 trillion
Change on year
up 1.9%
World rank
19th
of 74 countries
All-time high
5.73 trillion
in 2022
All-time low
37.88 billion
in 1960
Years of data
65
1960β2024
GDP in Norway, 1960β2024
Source: UNICEF.
Analysis
The most recent figure for gdp in Norway is 5.20 trillion, measured in 2024.
That represents a change of up 1.9% on the previous year and up 64.4% over ten years.
Over the whole period, gdp in Norway peaked at 5.73 trillion in 2022 and was at its lowest, 37.88 billion, in 1960.
That places Norway 19th out of 74 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 56.55 billion | 37.88 billion | 79.54 billion | 10 |
| 1970s | 169.10 billion | 91.53 billion | 269.07 billion | 10 |
| 1980s | 519.57 billion | 318.28 billion | 708.64 billion | 10 |
| 1990s | 969.50 billion | 749.86 billion | 1.27 trillion | 10 |
| 2000s | 1.97 trillion | 1.51 trillion | 2.62 trillion | 10 |
| 2010s | 3.14 trillion | 2.61 trillion | 3.60 trillion | 10 |
| 2020s | 4.76 trillion | 3.46 trillion | 5.73 trillion | 5 |
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)
- Taxes less subsidies on products (current LCU), annual growth rate 2.99 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.9203 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 87,058 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0724 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 13.8 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 10.08 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0992 (2025)
- Gdp worldbank constant usd, annual growth rate 1.09 % change on previous year (2025)
Frequently asked questions
- What is gdp in Norway?
- Gdp in Norway was 5.20 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Norway?
- The highest recorded value was 5.73 trillion in 2022.
- What is the lowest gdp recorded in Norway?
- The lowest recorded value was 37.88 billion in 1960.
- How does Norway rank for gdp?
- Norway ranks 19th out of 74 countries with data for 2024.
- Is gdp rising or falling in Norway?
- Over the last ten years it is up 64.4%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 65 observations, free to reuse under UNICEF Terms of Use (attribution required).