GDP in Norway
Norway: GDP was 5.52 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
5.52 trillion current LCU
Change on year
up 2.5%
World rank
72nd
of 214 countries
All-time high
5.94 trillion current LCU
in 2022
All-time low
37.70 billion current LCU
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 current LCU.
Analysis
The most recent figure for gdp in Norway is 5.52 trillion current LCU, measured in 2025.
The figure is up 2.5% on the previous year and up 70.8% over ten years.
Over the whole period, gdp in Norway peaked at 5.94 trillion current LCU in 2022 and was at its lowest, 37.70 billion current LCU, in 1960.
That places Norway 72nd out of 214 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 37.70 billion current LCU | — |
| 1961 | 41.13 billion current LCU | +9.1% |
| 1962 | 44.30 billion current LCU | +7.7% |
| 1963 | 47.54 billion current LCU | +7.3% |
| 1964 | 52.28 billion current LCU | +10.0% |
| 1965 | 57.67 billion current LCU | +10.3% |
| 1966 | 62.23 billion current LCU | +7.9% |
| 1967 | 68.09 billion current LCU | +9.4% |
| 1968 | 72.71 billion current LCU | +6.8% |
| 1969 | 79.17 billion current LCU | +8.9% |
| 1970 | 91.10 billion current LCU | +15.1% |
| 1971 | 102.47 billion current LCU | +12.5% |
| 1972 | 113.87 billion current LCU | +11.1% |
| 1973 | 129.35 billion current LCU | +13.6% |
| 1974 | 149.76 billion current LCU | +15.8% |
| 1975 | 171.14 billion current LCU | +14.3% |
| 1976 | 195.43 billion current LCU | +14.2% |
| 1977 | 220.19 billion current LCU | +12.7% |
| 1978 | 243.01 billion current LCU | +10.4% |
| 1979 | 268.07 billion current LCU | +10.3% |
| 1980 | 316.98 billion current LCU | +18.2% |
| 1981 | 363.84 billion current LCU | +14.8% |
| 1982 | 403.07 billion current LCU | +10.8% |
| 1983 | 448.13 billion current LCU | +11.2% |
| 1984 | 504.92 billion current LCU | +12.7% |
| 1985 | 560.64 billion current LCU | +11.0% |
| 1986 | 580.03 billion current LCU | +3.5% |
| 1987 | 632.74 billion current LCU | +9.1% |
| 1988 | 661.46 billion current LCU | +4.5% |
| 1989 | 705.83 billion current LCU | +6.7% |
| 1990 | 747.06 billion current LCU | +5.8% |
| 1991 | 785.40 billion current LCU | +5.1% |
| 1992 | 807.88 billion current LCU | +2.9% |
| 1993 | 850.17 billion current LCU | +5.2% |
| 1994 | 891.55 billion current LCU | +4.9% |
| 1995 | 957.14 billion current LCU | +7.4% |
| 1996 | 1.05 trillion current LCU | +9.5% |
| 1997 | 1.13 trillion current LCU | +8.0% |
| 1998 | 1.15 trillion current LCU | +2.0% |
| 1999 | 1.26 trillion current LCU | +9.0% |
| 2000 | 1.50 trillion current LCU | +19.4% |
| 2001 | 1.56 trillion current LCU | +3.9% |
| 2002 | 1.56 trillion current LCU | -0.1% |
| 2003 | 1.62 trillion current LCU | +4.0% |
| 2004 | 1.79 trillion current LCU | +10.4% |
| 2005 | 2.01 trillion current LCU | +12.0% |
| 2006 | 2.24 trillion current LCU | +11.8% |
| 2007 | 2.39 trillion current LCU | +6.6% |
| 2008 | 2.66 trillion current LCU | +11.4% |
| 2009 | 2.49 trillion current LCU | -6.5% |
| 2010 | 2.66 trillion current LCU | +6.9% |
| 2011 | 2.87 trillion current LCU | +8.1% |
| 2012 | 3.05 trillion current LCU | +6.3% |
| 2013 | 3.17 trillion current LCU | +3.9% |
| 2014 | 3.25 trillion current LCU | +2.4% |
| 2015 | 3.23 trillion current LCU | -0.6% |
| 2016 | 3.22 trillion current LCU | -0.4% |
| 2017 | 3.44 trillion current LCU | +6.8% |
| 2018 | 3.70 trillion current LCU | +7.5% |
| 2019 | 3.73 trillion current LCU | +1.0% |
| 2020 | 3.60 trillion current LCU | -3.6% |
| 2021 | 4.48 trillion current LCU | +24.5% |
| 2022 | 5.94 trillion current LCU | +32.5% |
| 2023 | 5.30 trillion current LCU | -10.6% |
| 2024 | 5.38 trillion current LCU | +1.5% |
| 2025 | 5.52 trillion current LCU | +2.5% |
Norway compared with similar countries
- Norway's 5.52 trillion current LCU is above the median for high income countries, which is 211.72 billion current LCU, 26.1× the median. (82 countries reporting)
- Norway's 5.52 trillion current LCU is above the median for Europe & Central Asia, which is 433.17 billion current LCU, 12.7× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 56.28 billion current LCU | 37.70 billion current LCU | 79.17 billion current LCU | 10 |
| 1970s | 168.44 billion current LCU | 91.10 billion current LCU | 268.07 billion current LCU | 10 |
| 1980s | 517.76 billion current LCU | 316.98 billion current LCU | 705.83 billion current LCU | 10 |
| 1990s | 963.08 billion current LCU | 747.06 billion current LCU | 1.26 trillion current LCU | 10 |
| 2000s | 1.98 trillion current LCU | 1.50 trillion current LCU | 2.66 trillion current LCU | 10 |
| 2010s | 3.23 trillion current LCU | 2.66 trillion current LCU | 3.73 trillion current LCU | 10 |
| 2020s | 5.04 trillion current LCU | 3.60 trillion current LCU | 5.94 trillion current LCU | 6 |
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)
- 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 5.52 trillion current LCU 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 5.94 trillion current LCU in 2022.
- What is the lowest gdp recorded in Norway?
- The lowest recorded value was 37.70 billion current LCU in 1960.
- How does Norway rank for gdp?
- Norway ranks 72nd out of 214 countries with data for 2025.
- Is gdp rising or falling in Norway?
- Over the last ten years it is up 70.8%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.