Gdp penn world table in Norway

Norway: Gdp penn world table was 545.17 billion in 2023. ◆ Volatile

Latest (2023)
545.17 billion
Change on year
down 4.4%
World rank
46th
of 184 countries
All-time high
570.07 billion
in 2022
All-time low
36.49 billion
in 1950
Years of data
74
1950–2023

Gdp penn world table in Norway, 1950–2023

0200.0B400.0B600.0B195019862023

Source: Our World in Data.

Analysis

In 2023, gdp penn world table in Norway stood at 545.17 billion.

Compared with earlier readings it is down 4.4% on the previous year and up 2.5% over ten years.

Over the whole period, gdp penn world table in Norway peaked at 570.07 billion in 2022 and was at its lowest, 36.49 billion, in 1950.

Norway ranks 46th of 184 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 penn world table in Norway, year by year

Annual values for Gdp penn world table in Norway, 1950 to 2023.
Year Value Change
1950 36.49 billion —
1951 38.41 billion +5.3%
1952 40.30 billion +4.9%
1953 42.25 billion +4.9%
1954 43.34 billion +2.6%
1955 44.74 billion +3.2%
1956 46.45 billion +3.8%
1957 48.63 billion +4.7%
1958 48.24 billion -0.8%
1959 49.55 billion +2.7%
1960 50.75 billion +2.4%
1961 53.61 billion +5.6%
1962 54.63 billion +1.9%
1963 56.48 billion +3.4%
1964 59.92 billion +6.1%
1965 63.18 billion +5.4%
1966 65.41 billion +3.5%
1967 69.53 billion +6.3%
1968 72.12 billion +3.7%
1969 74.99 billion +4.0%
1970 61.38 billion -18.2%
1971 66.09 billion +7.7%
1972 73.15 billion +10.7%
1973 75.20 billion +2.8%
1974 81.37 billion +8.2%
1975 90.67 billion +11.4%
1976 101.63 billion +12.1%
1977 104.99 billion +3.3%
1978 113.94 billion +8.5%
1979 121.15 billion +6.3%
1980 128.90 billion +6.4%
1981 129.91 billion +0.8%
1982 128.39 billion -1.2%
1983 134.44 billion +4.7%
1984 142.37 billion +5.9%
1985 143.72 billion +1.0%
1986 139.31 billion -3.1%
1987 143.05 billion +2.7%
1988 137.40 billion -3.9%
1989 143.13 billion +4.2%
1990 158.90 billion +11.0%
1991 159.54 billion +0.4%
1992 164.87 billion +3.3%
1993 166.64 billion +1.1%
1994 173.04 billion +3.8%
1995 186.01 billion +7.5%
1996 209.25 billion +12.5%
1997 221.32 billion +5.8%
1998 210.38 billion -4.9%
1999 234.78 billion +11.6%
2000 289.72 billion +23.4%
2001 296.40 billion +2.3%
2002 286.29 billion -3.4%
2003 309.42 billion +8.1%
2004 331.10 billion +7.0%
2005 403.10 billion +21.7%
2006 436.08 billion +8.2%
2007 446.42 billion +2.4%
2008 507.79 billion +13.7%
2009 429.05 billion -15.5%
2010 465.70 billion +8.5%
2011 514.57 billion +10.5%
2012 545.19 billion +6.0%
2013 532.03 billion -2.4%
2014 502.86 billion -5.5%
2015 424.35 billion -15.6%
2016 409.24 billion -3.6%
2017 428.02 billion +4.6%
2018 470.42 billion +9.9%
2019 480.53 billion +2.1%
2020 477.68 billion -0.6%
2021 528.30 billion +10.6%
2022 570.07 billion +7.9%
2023 545.17 billion -4.4%

Norway compared with similar countries

  • Norway's 545.17 billion is above the median for high income countries, which is 277.84 billion, 2.0× the median. (66 countries reporting)
  • Norway's 545.17 billion is above the median for Europe & Central Asia, which is 314.74 billion, 1.7× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 43.84 billion 36.49 billion 49.55 billion 10
1960s 62.06 billion 50.75 billion 74.99 billion 10
1970s 88.96 billion 61.38 billion 121.15 billion 10
1980s 137.06 billion 128.39 billion 143.72 billion 10
1990s 188.47 billion 158.90 billion 234.78 billion 10
2000s 373.54 billion 286.29 billion 507.79 billion 10
2010s 477.29 billion 409.24 billion 545.19 billion 10
2020s 530.30 billion 477.68 billion 570.07 billion 4

Countries ranked near Norway

  1. 43 Iraq 618.05 billion compare
  2. 44 Singapore 596.79 billion compare
  3. 45 Austria 573.87 billion compare
  4. 47 Chile 515.93 billion compare
  5. 48 Peru 485.29 billion compare
  6. 49 Czechia 483.87 billion compare

See the full ranking of 184 places →

More economy & growth data for Norway

All data for Norway →

Frequently asked questions

What is gdp penn world table in Norway?
Gdp penn world table in Norway was 545.17 billion in 2023, according to Our World in Data.
What is the highest gdp penn world table recorded in Norway?
The highest recorded value was 570.07 billion in 2022.
What is the lowest gdp penn world table recorded in Norway?
The lowest recorded value was 36.49 billion in 1950.
How does Norway rank for gdp penn world table?
Norway ranks 46th out of 184 countries with data for 2023.
Is gdp penn world table rising or falling in Norway?
Over the last ten years it is up 2.5%. The long-run trend across the full record is volatile.
Where does this Norway data come from?
The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.

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Gdp penn world table in Norway. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/norway/

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About this data

Indicator
Gdp penn world table
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed