GDP growth in Norway
Norway: GDP growth was 2.1 in 2024. ◆ Volatile
Latest (2024)
2.1
Change on year
up 2,807.9%
World rank
40th
of 74 countries
All-time high
6.27
in 1961
All-time low
-1.94
in 2009
Years of data
64
1961–2024
GDP growth in Norway, 1961–2024
Source: UNICEF.
Analysis
The most recent figure for gdp growth in Norway is 2.1, measured in 2024.
The figure is up 2,807.9% on the previous year and up 2.4% over ten years.
Over the whole period, gdp growth in Norway peaked at 6.27 in 1961 and was at its lowest, -1.94, in 2009.
Norway ranks 40th of 74 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 6.27 | — |
| 1962 | 2.81 | -55.1% |
| 1963 | 3.79 | +34.5% |
| 1964 | 5.01 | +32.4% |
| 1965 | 5.29 | +5.5% |
| 1966 | 3.79 | -28.4% |
| 1967 | 6.26 | +65.2% |
| 1968 | 2.26 | -63.9% |
| 1969 | 4.5 | +99.3% |
| 1970 | 1.94 | -56.9% |
| 1971 | 5.67 | +192.0% |
| 1972 | 5.33 | -6.0% |
| 1973 | 4.53 | -15.0% |
| 1974 | 3.92 | -13.5% |
| 1975 | 4.95 | +26.3% |
| 1976 | 5.83 | +17.6% |
| 1977 | 4.16 | -28.6% |
| 1978 | 3.87 | -7.0% |
| 1979 | 4.37 | +13.0% |
| 1980 | 4.56 | +4.4% |
| 1981 | 1.6 | -65.0% |
| 1982 | 0.2353 | -85.3% |
| 1983 | 3.97 | +1588.3% |
| 1984 | 6.05 | +52.3% |
| 1985 | 5.55 | -8.2% |
| 1986 | 4.04 | -27.2% |
| 1987 | 1.75 | -56.6% |
| 1988 | -0.2552 | -114.6% |
| 1989 | 1.04 | -506.9% |
| 1990 | 1.93 | +86.1% |
| 1991 | 3.08 | +59.6% |
| 1992 | 3.57 | +15.9% |
| 1993 | 2.85 | -20.4% |
| 1994 | 5.06 | +77.7% |
| 1995 | 4.16 | -17.8% |
| 1996 | 5.03 | +21.0% |
| 1997 | 5.28 | +5.1% |
| 1998 | 2.67 | -49.5% |
| 1999 | 2.07 | -22.4% |
| 2000 | 3.32 | +60.2% |
| 2001 | 2.07 | -37.7% |
| 2002 | 1.38 | -33.4% |
| 2003 | 0.9449 | -31.4% |
| 2004 | 4.01 | +324.9% |
| 2005 | 2.69 | -33.1% |
| 2006 | 2.46 | -8.3% |
| 2007 | 2.91 | +18.4% |
| 2008 | 0.4819 | -83.5% |
| 2009 | -1.94 | -502.6% |
| 2010 | 0.7871 | -140.6% |
| 2011 | 1.11 | +40.5% |
| 2012 | 2.72 | +145.8% |
| 2013 | 1.02 | -62.6% |
| 2014 | 2.05 | +101.5% |
| 2015 | 1.86 | -9.3% |
| 2016 | 1.16 | -37.3% |
| 2017 | 2.46 | +111.5% |
| 2018 | 0.8289 | -66.4% |
| 2019 | 1.12 | +35.6% |
| 2020 | -1.28 | -213.7% |
| 2021 | 3.91 | -405.8% |
| 2022 | 3.25 | -16.9% |
| 2023 | 0.0721 | -97.8% |
| 2024 | 2.1 | +2808.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.44 | 2.26 | 6.27 | 9 |
| 1970s | 4.46 | 1.94 | 5.83 | 10 |
| 1980s | 2.86 | -0.2552 | 6.05 | 10 |
| 1990s | 3.57 | 1.93 | 5.28 | 10 |
| 2000s | 1.83 | -1.94 | 4.01 | 10 |
| 2010s | 1.51 | 0.7871 | 2.72 | 10 |
| 2020s | 1.61 | -1.28 | 3.91 | 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)
- GNI, Atlas method (current US$), annual growth rate -2.04 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 97,312 current US$ per person (2025)
- GNI (current US$), annual growth rate 6.43 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.04 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 97,980 current US$ per person (2025)
- GNI (current LCU), annual growth rate 2.97 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 10.77 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp growth in Norway?
- Gdp growth in Norway was 2.1 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in Norway?
- The highest recorded value was 6.27 in 1961.
- What is the lowest gdp growth recorded in Norway?
- The lowest recorded value was -1.94 in 2009.
- How does Norway rank for gdp growth?
- Norway ranks 40th out of 74 countries with data for 2024.
- Is gdp growth rising or falling in Norway?
- Over the last ten years it is up 2.4%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
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