Gross domestic product (GDP) in Norway
Norway: Gross domestic product (GDP) was 470.26 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
470.26 billion constant 2015 US$
Change on year
up 1.1%
World rank
31st
of 209 countries
All-time high
470.26 billion constant 2015 US$
in 2025
All-time low
68.71 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross domestic product (GDP) in Norway, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, gross domestic product (gdp) in Norway stood at 470.26 billion constant 2015 US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 17.4% over ten years.
Over the whole period, gross domestic product (gdp) in Norway peaked at 470.26 billion constant 2015 US$ in 2025 and was at its lowest, 68.71 billion constant 2015 US$, in 1960.
That places Norway 31st out of 209 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Gross domestic product (GDP) in Norway, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 68.71 billion constant 2015 US$ | — |
| 1961 | 73.02 billion constant 2015 US$ | +6.3% |
| 1962 | 75.07 billion constant 2015 US$ | +2.8% |
| 1963 | 77.91 billion constant 2015 US$ | +3.8% |
| 1964 | 81.82 billion constant 2015 US$ | +5.0% |
| 1965 | 86.14 billion constant 2015 US$ | +5.3% |
| 1966 | 89.40 billion constant 2015 US$ | +3.8% |
| 1967 | 94.99 billion constant 2015 US$ | +6.3% |
| 1968 | 97.14 billion constant 2015 US$ | +2.3% |
| 1969 | 101.52 billion constant 2015 US$ | +4.5% |
| 1970 | 103.49 billion constant 2015 US$ | +1.9% |
| 1971 | 109.40 billion constant 2015 US$ | +5.7% |
| 1972 | 115.19 billion constant 2015 US$ | +5.3% |
| 1973 | 120.36 billion constant 2015 US$ | +4.5% |
| 1974 | 125.13 billion constant 2015 US$ | +4.0% |
| 1975 | 131.32 billion constant 2015 US$ | +4.9% |
| 1976 | 139.00 billion constant 2015 US$ | +5.8% |
| 1977 | 144.77 billion constant 2015 US$ | +4.2% |
| 1978 | 150.35 billion constant 2015 US$ | +3.9% |
| 1979 | 156.90 billion constant 2015 US$ | +4.4% |
| 1980 | 164.00 billion constant 2015 US$ | +4.5% |
| 1981 | 166.75 billion constant 2015 US$ | +1.7% |
| 1982 | 167.15 billion constant 2015 US$ | +0.2% |
| 1983 | 173.74 billion constant 2015 US$ | +3.9% |
| 1984 | 184.29 billion constant 2015 US$ | +6.1% |
| 1985 | 194.54 billion constant 2015 US$ | +5.6% |
| 1986 | 202.41 billion constant 2015 US$ | +4.0% |
| 1987 | 205.95 billion constant 2015 US$ | +1.7% |
| 1988 | 205.27 billion constant 2015 US$ | -0.3% |
| 1989 | 207.38 billion constant 2015 US$ | +1.0% |
| 1990 | 211.44 billion constant 2015 US$ | +2.0% |
| 1991 | 217.49 billion constant 2015 US$ | +2.9% |
| 1992 | 225.24 billion constant 2015 US$ | +3.6% |
| 1993 | 231.71 billion constant 2015 US$ | +2.9% |
| 1994 | 243.39 billion constant 2015 US$ | +5.0% |
| 1995 | 253.49 billion constant 2015 US$ | +4.2% |
| 1996 | 266.09 billion constant 2015 US$ | +5.0% |
| 1997 | 279.64 billion constant 2015 US$ | +5.1% |
| 1998 | 287.26 billion constant 2015 US$ | +2.7% |
| 1999 | 293.53 billion constant 2015 US$ | +2.2% |
| 2000 | 303.64 billion constant 2015 US$ | +3.4% |
| 2001 | 310.21 billion constant 2015 US$ | +2.2% |
| 2002 | 314.73 billion constant 2015 US$ | +1.5% |
| 2003 | 318.18 billion constant 2015 US$ | +1.1% |
| 2004 | 331.96 billion constant 2015 US$ | +4.3% |
| 2005 | 341.82 billion constant 2015 US$ | +3.0% |
| 2006 | 351.55 billion constant 2015 US$ | +2.8% |
| 2007 | 363.57 billion constant 2015 US$ | +3.4% |
| 2008 | 366.56 billion constant 2015 US$ | +0.8% |
| 2009 | 360.65 billion constant 2015 US$ | -1.6% |
| 2010 | 364.28 billion constant 2015 US$ | +1.0% |
| 2011 | 369.32 billion constant 2015 US$ | +1.4% |
| 2012 | 379.75 billion constant 2015 US$ | +2.8% |
| 2013 | 384.58 billion constant 2015 US$ | +1.3% |
| 2014 | 392.64 billion constant 2015 US$ | +2.1% |
| 2015 | 400.67 billion constant 2015 US$ | +2.0% |
| 2016 | 405.84 billion constant 2015 US$ | +1.3% |
| 2017 | 416.68 billion constant 2015 US$ | +2.7% |
| 2018 | 421.31 billion constant 2015 US$ | +1.1% |
| 2019 | 427.50 billion constant 2015 US$ | +1.5% |
| 2020 | 421.68 billion constant 2015 US$ | -1.4% |
| 2021 | 439.15 billion constant 2015 US$ | +4.1% |
| 2022 | 457.07 billion constant 2015 US$ | +4.1% |
| 2023 | 458.68 billion constant 2015 US$ | +0.4% |
| 2024 | 465.21 billion constant 2015 US$ | +1.4% |
| 2025 | 470.26 billion constant 2015 US$ | +1.1% |
Norway compared with similar countries
- Norway's 470.26 billion constant 2015 US$ is above the median for high income countries, which is 76.03 billion constant 2015 US$, 6.2× the median. (80 countries reporting)
- Norway's 470.26 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 71.17 billion constant 2015 US$, 6.6× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 84.57 billion constant 2015 US$ | 68.71 billion constant 2015 US$ | 101.52 billion constant 2015 US$ | 10 |
| 1970s | 129.59 billion constant 2015 US$ | 103.49 billion constant 2015 US$ | 156.90 billion constant 2015 US$ | 10 |
| 1980s | 187.15 billion constant 2015 US$ | 164.00 billion constant 2015 US$ | 207.38 billion constant 2015 US$ | 10 |
| 1990s | 250.93 billion constant 2015 US$ | 211.44 billion constant 2015 US$ | 293.53 billion constant 2015 US$ | 10 |
| 2000s | 336.29 billion constant 2015 US$ | 303.64 billion constant 2015 US$ | 366.56 billion constant 2015 US$ | 10 |
| 2010s | 396.26 billion constant 2015 US$ | 364.28 billion constant 2015 US$ | 427.50 billion constant 2015 US$ | 10 |
| 2020s | 452.01 billion constant 2015 US$ | 421.68 billion constant 2015 US$ | 470.26 billion constant 2015 US$ | 6 |
Countries ranked near Norway
- 28 Egypt 503.37 billion constant 2015 US$ compare
- 29 Thailand 485.78 billion constant 2015 US$ compare
- 30 Philippines 474.84 billion constant 2015 US$ compare
- 32 United Arab Emirates 457.09 billion constant 2015 US$ compare
- 33 Malaysia 444.41 billion constant 2015 US$ compare
- 34 Vietnam 437.71 billion constant 2015 US$ compare
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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Norway?
- Gross domestic product (gdp) in Norway was 470.26 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Norway?
- The highest recorded value was 470.26 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Norway?
- The lowest recorded value was 68.71 billion constant 2015 US$ in 1960.
- How does Norway rank for gross domestic product (gdp)?
- Norway ranks 31st out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Norway?
- Over the last ten years it is up 17.4%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.