GDP (current LCU), annual growth rate in Norway

Norway: GDP (current LCU), annual growth rate was 2.51 % change on previous year in 2025. ◆ Volatile

Latest (2025)
2.51 % change on previous year
Change on year
up 71.8%
World rank
191st
of 212 countries
All-time high
32.46 % change on previous year
in 2022
All-time low
-10.62 % change on previous year
in 2023
Years of data
65
1961–2025

GDP (current LCU), annual growth rate in Norway, 1961–2025

-100102030196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Norway recorded 2.51 % change on previous year for gdp (current lcu), annual growth rate in 2025.

That represents a change of up 71.8% on the previous year and up 518.1% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Norway peaked at 32.46 % change on previous year in 2022 and was at its lowest, -10.62 % change on previous year, in 2023.

Norway ranks 191st of 212 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Norway, year by year

Annual values for GDP (current LCU), annual growth rate in Norway, 1961 to 2025.
Year % change on previous year Change
1961 9.09 % change on previous year
1962 7.71 % change on previous year -15.1%
1963 7.31 % change on previous year -5.3%
1964 9.97 % change on previous year +36.4%
1965 10.31 % change on previous year +3.5%
1966 7.91 % change on previous year -23.3%
1967 9.41 % change on previous year +18.9%
1968 6.78 % change on previous year -27.9%
1969 8.89 % change on previous year +31.0%
1970 15.07 % change on previous year +69.5%
1971 12.49 % change on previous year -17.1%
1972 11.12 % change on previous year -11.0%
1973 13.59 % change on previous year +22.2%
1974 15.78 % change on previous year +16.1%
1975 14.28 % change on previous year -9.5%
1976 14.19 % change on previous year -0.6%
1977 12.67 % change on previous year -10.7%
1978 10.36 % change on previous year -18.2%
1979 10.31 % change on previous year -0.5%
1980 18.25 % change on previous year +76.9%
1981 14.78 % change on previous year -19.0%
1982 10.78 % change on previous year -27.1%
1983 11.18 % change on previous year +3.7%
1984 12.67 % change on previous year +13.4%
1985 11.03 % change on previous year -12.9%
1986 3.46 % change on previous year -68.7%
1987 9.09 % change on previous year +162.8%
1988 4.54 % change on previous year -50.1%
1989 6.71 % change on previous year +47.8%
1990 5.84 % change on previous year -12.9%
1991 5.13 % change on previous year -12.2%
1992 2.86 % change on previous year -44.2%
1993 5.23 % change on previous year +82.9%
1994 4.87 % change on previous year -7.0%
1995 7.36 % change on previous year +51.2%
1996 9.45 % change on previous year +28.5%
1997 8.04 % change on previous year -15.0%
1998 1.96 % change on previous year -75.6%
1999 9.01 % change on previous year +358.7%
2000 19.37 % change on previous year +115.0%
2001 3.94 % change on previous year -79.7%
2002 -0.075 % change on previous year -101.9%
2003 4.04 % change on previous year -5490.4%
2004 10.36 % change on previous year +156.3%
2005 12.04 % change on previous year +16.2%
2006 11.81 % change on previous year -1.9%
2007 6.57 % change on previous year -44.4%
2008 11.38 % change on previous year +73.3%
2009 -6.55 % change on previous year -157.6%
2010 6.92 % change on previous year -205.7%
2011 8.05 % change on previous year +16.4%
2012 6.27 % change on previous year -22.1%
2013 3.88 % change on previous year -38.1%
2014 2.44 % change on previous year -37.3%
2015 -0.6008 % change on previous year -124.7%
2016 -0.355 % change on previous year -40.9%
2017 6.79 % change on previous year -2013.7%
2018 7.52 % change on previous year +10.7%
2019 0.9849 % change on previous year -86.9%
2020 -3.59 % change on previous year -464.8%
2021 24.48 % change on previous year -781.5%
2022 32.46 % change on previous year +32.6%
2023 -10.62 % change on previous year -132.7%
2024 1.46 % change on previous year -113.8%
2025 2.51 % change on previous year +71.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.6 % change on previous year 6.78 % change on previous year 10.31 % change on previous year 9
1970s 12.99 % change on previous year 10.31 % change on previous year 15.78 % change on previous year 10
1980s 10.25 % change on previous year 3.46 % change on previous year 18.25 % change on previous year 10
1990s 5.98 % change on previous year 1.96 % change on previous year 9.45 % change on previous year 10
2000s 7.29 % change on previous year -6.55 % change on previous year 19.37 % change on previous year 10
2010s 4.19 % change on previous year -0.6008 % change on previous year 8.05 % change on previous year 10
2020s 7.79 % change on previous year -10.62 % change on previous year 32.46 % change on previous year 6

Countries ranked near Norway

  1. 188 Greenland 2.75 % change on previous year compare
  2. 189 Puerto Rico 2.65 % change on previous year compare
  3. 190 Italy 2.54 % change on previous year compare
  4. 192 Oman 2.3 % change on previous year compare
  5. 193 Azerbaijan 2.03 % change on previous year compare
  6. 194 France 2.03 % change on previous year compare

See the full ranking of 213 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Norway?
Gdp (current lcu), annual growth rate in Norway was 2.51 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Norway?
The highest recorded value was 32.46 % change on previous year in 2022.
What is the lowest gdp (current lcu), annual growth rate recorded in Norway?
The lowest recorded value was -10.62 % change on previous year in 2023.
How does Norway rank for gdp (current lcu), annual growth rate?
Norway ranks 191st out of 212 countries with data for 2025.
Is gdp (current lcu), annual growth rate rising or falling in Norway?
Over the last ten years it is up 518.1%. The long-run trend across the full record is volatile.
Where does this Norway data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Norway. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gdp-current-lcu-annual-growth-rate/norway/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
213 places, 11,594 data points, 1961–2025
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.