GDP in Norway
Norway: GDP was 530.76 billion current US$ in 2025. ◆ Volatile
Latest (2025)
530.76 billion current US$
Change on year
up 6.0%
World rank
31st
of 214 countries
All-time high
617.32 billion current US$
in 2022
All-time low
5.17 billion current 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 current US$.
Analysis
In 2025, gdp in Norway stood at 530.76 billion current US$.
That represents a change of up 6.0% on the previous year and up 32.5% over ten years.
Over the whole period, gdp in Norway peaked at 617.32 billion current US$ in 2022 and was at its lowest, 5.17 billion current US$, in 1960.
Norway ranks 31st of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 5.17 billion current US$ | — |
| 1961 | 5.64 billion current US$ | +9.1% |
| 1962 | 6.08 billion current US$ | +7.7% |
| 1963 | 6.52 billion current US$ | +7.3% |
| 1964 | 7.17 billion current US$ | +10.0% |
| 1965 | 8.07 billion current US$ | +12.6% |
| 1966 | 8.71 billion current US$ | +7.9% |
| 1967 | 9.53 billion current US$ | +9.4% |
| 1968 | 10.18 billion current US$ | +6.8% |
| 1969 | 11.08 billion current US$ | +8.9% |
| 1970 | 12.75 billion current US$ | +15.1% |
| 1971 | 14.52 billion current US$ | +13.9% |
| 1972 | 17.28 billion current US$ | +19.0% |
| 1973 | 22.43 billion current US$ | +29.8% |
| 1974 | 27.03 billion current US$ | +20.5% |
| 1975 | 32.74 billion current US$ | +21.1% |
| 1976 | 35.82 billion current US$ | +9.4% |
| 1977 | 41.36 billion current US$ | +15.5% |
| 1978 | 46.36 billion current US$ | +12.1% |
| 1979 | 52.94 billion current US$ | +14.2% |
| 1980 | 64.18 billion current US$ | +21.2% |
| 1981 | 63.39 billion current US$ | -1.2% |
| 1982 | 62.45 billion current US$ | -1.5% |
| 1983 | 61.42 billion current US$ | -1.7% |
| 1984 | 61.87 billion current US$ | +0.7% |
| 1985 | 65.21 billion current US$ | +5.4% |
| 1986 | 78.44 billion current US$ | +20.3% |
| 1987 | 93.91 billion current US$ | +19.7% |
| 1988 | 101.50 billion current US$ | +8.1% |
| 1989 | 102.23 billion current US$ | +0.7% |
| 1990 | 119.34 billion current US$ | +16.7% |
| 1991 | 121.15 billion current US$ | +1.5% |
| 1992 | 130.00 billion current US$ | +7.3% |
| 1993 | 119.84 billion current US$ | -7.8% |
| 1994 | 126.32 billion current US$ | +5.4% |
| 1995 | 151.08 billion current US$ | +19.6% |
| 1996 | 162.43 billion current US$ | +7.5% |
| 1997 | 160.01 billion current US$ | -1.5% |
| 1998 | 152.96 billion current US$ | -4.4% |
| 1999 | 161.31 billion current US$ | +5.5% |
| 2000 | 170.62 billion current US$ | +5.8% |
| 2001 | 173.59 billion current US$ | +1.7% |
| 2002 | 195.36 billion current US$ | +12.5% |
| 2003 | 229.19 billion current US$ | +17.3% |
| 2004 | 265.66 billion current US$ | +15.9% |
| 2005 | 311.42 billion current US$ | +17.2% |
| 2006 | 349.77 billion current US$ | +12.3% |
| 2007 | 407.81 billion current US$ | +16.6% |
| 2008 | 472.06 billion current US$ | +15.8% |
| 2009 | 395.66 billion current US$ | -16.2% |
| 2010 | 440.13 billion current US$ | +11.2% |
| 2011 | 512.87 billion current US$ | +16.5% |
| 2012 | 525.08 billion current US$ | +2.4% |
| 2013 | 540.13 billion current US$ | +2.9% |
| 2014 | 515.83 billion current US$ | -4.5% |
| 2015 | 400.67 billion current US$ | -22.3% |
| 2016 | 383.28 billion current US$ | -4.3% |
| 2017 | 415.67 billion current US$ | +8.5% |
| 2018 | 454.59 billion current US$ | +9.4% |
| 2019 | 424.25 billion current US$ | -6.7% |
| 2020 | 382.25 billion current US$ | -9.9% |
| 2021 | 521.59 billion current US$ | +36.5% |
| 2022 | 617.32 billion current US$ | +18.4% |
| 2023 | 502.20 billion current US$ | -18.6% |
| 2024 | 500.89 billion current US$ | -0.3% |
| 2025 | 530.76 billion current US$ | +6.0% |
Norway compared with similar countries
- Norway's 530.76 billion current US$ is above the median for high income countries, which is 102.03 billion current US$, 5.2× the median. (82 countries reporting)
- Norway's 530.76 billion current US$ is above the median for Europe & Central Asia, which is 103.11 billion current US$, 5.1× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.82 billion current US$ | 5.17 billion current US$ | 11.08 billion current US$ | 10 |
| 1970s | 30.32 billion current US$ | 12.75 billion current US$ | 52.94 billion current US$ | 10 |
| 1980s | 75.46 billion current US$ | 61.42 billion current US$ | 102.23 billion current US$ | 10 |
| 1990s | 140.44 billion current US$ | 119.34 billion current US$ | 162.43 billion current US$ | 10 |
| 2000s | 297.12 billion current US$ | 170.62 billion current US$ | 472.06 billion current US$ | 10 |
| 2010s | 461.25 billion current US$ | 383.28 billion current US$ | 540.13 billion current US$ | 10 |
| 2020s | 509.17 billion current US$ | 382.25 billion current US$ | 617.32 billion current US$ | 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gdp in Norway?
- Gdp in Norway was 530.76 billion current US$ 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 617.32 billion current US$ in 2022.
- What is the lowest gdp recorded in Norway?
- The lowest recorded value was 5.17 billion current US$ in 1960.
- How does Norway rank for gdp?
- Norway ranks 31st out of 214 countries with data for 2025.
- Is gdp rising or falling in Norway?
- Over the last ten years it is up 32.5%. 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 US$). 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 indicator is expressed in United States dollars.