Gross domestic product (GDP) in Norway
Norway: Gross domestic product (GDP) was 534.01 billion international-$ in 2021 prices in 2025. ▲ Rising
Latest (2025)
534.01 billion international-$ in 2021 prices
Change on year
up 1.1%
World rank
48th
of 198 countries
All-time high
534.01 billion international-$ in 2021 prices
in 2025
All-time low
240.10 billion international-$ in 2021 prices
in 1990
Years of data
36
1990–2025
Gross domestic product (GDP) in Norway, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Norway recorded 534.01 billion international-$ in 2021 prices for gross domestic product (gdp) in 2025. That is the highest value across all 36 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 534.01 billion international-$ in 2021 prices in 2025 and was at its lowest, 240.10 billion international-$ in 2021 prices, in 1990.
Norway ranks 48th of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross domestic product (GDP) in Norway, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 240.10 billion international-$ in 2021 prices | — |
| 1991 | 246.97 billion international-$ in 2021 prices | +2.9% |
| 1992 | 255.77 billion international-$ in 2021 prices | +3.6% |
| 1993 | 263.12 billion international-$ in 2021 prices | +2.9% |
| 1994 | 276.38 billion international-$ in 2021 prices | +5.0% |
| 1995 | 287.85 billion international-$ in 2021 prices | +4.2% |
| 1996 | 302.16 billion international-$ in 2021 prices | +5.0% |
| 1997 | 317.55 billion international-$ in 2021 prices | +5.1% |
| 1998 | 326.20 billion international-$ in 2021 prices | +2.7% |
| 1999 | 333.32 billion international-$ in 2021 prices | +2.2% |
| 2000 | 344.80 billion international-$ in 2021 prices | +3.4% |
| 2001 | 352.26 billion international-$ in 2021 prices | +2.2% |
| 2002 | 357.39 billion international-$ in 2021 prices | +1.5% |
| 2003 | 361.31 billion international-$ in 2021 prices | +1.1% |
| 2004 | 376.95 billion international-$ in 2021 prices | +4.3% |
| 2005 | 388.15 billion international-$ in 2021 prices | +3.0% |
| 2006 | 399.20 billion international-$ in 2021 prices | +2.8% |
| 2007 | 412.86 billion international-$ in 2021 prices | +3.4% |
| 2008 | 416.25 billion international-$ in 2021 prices | +0.8% |
| 2009 | 409.54 billion international-$ in 2021 prices | -1.6% |
| 2010 | 413.65 billion international-$ in 2021 prices | +1.0% |
| 2011 | 419.38 billion international-$ in 2021 prices | +1.4% |
| 2012 | 431.23 billion international-$ in 2021 prices | +2.8% |
| 2013 | 436.71 billion international-$ in 2021 prices | +1.3% |
| 2014 | 445.86 billion international-$ in 2021 prices | +2.1% |
| 2015 | 454.98 billion international-$ in 2021 prices | +2.0% |
| 2016 | 460.86 billion international-$ in 2021 prices | +1.3% |
| 2017 | 473.16 billion international-$ in 2021 prices | +2.7% |
| 2018 | 478.41 billion international-$ in 2021 prices | +1.1% |
| 2019 | 485.44 billion international-$ in 2021 prices | +1.5% |
| 2020 | 478.84 billion international-$ in 2021 prices | -1.4% |
| 2021 | 498.68 billion international-$ in 2021 prices | +4.1% |
| 2022 | 519.03 billion international-$ in 2021 prices | +4.1% |
| 2023 | 520.86 billion international-$ in 2021 prices | +0.4% |
| 2024 | 528.27 billion international-$ in 2021 prices | +1.4% |
| 2025 | 534.01 billion international-$ in 2021 prices | +1.1% |
Norway compared with similar countries
- Norway's 534.01 billion international-$ in 2021 prices is above the median for high income countries, which is 209.44 billion international-$ in 2021 prices, 2.5× the median. (74 countries reporting)
- Norway's 534.01 billion international-$ in 2021 prices is above the median for Europe & Central Asia, which is 249.10 billion international-$ in 2021 prices, 2.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 284.94 billion international-$ in 2021 prices | 240.10 billion international-$ in 2021 prices | 333.32 billion international-$ in 2021 prices | 10 |
| 2000s | 381.87 billion international-$ in 2021 prices | 344.80 billion international-$ in 2021 prices | 416.25 billion international-$ in 2021 prices | 10 |
| 2010s | 449.97 billion international-$ in 2021 prices | 413.65 billion international-$ in 2021 prices | 485.44 billion international-$ in 2021 prices | 10 |
| 2020s | 513.28 billion international-$ in 2021 prices | 478.84 billion international-$ in 2021 prices | 534.01 billion international-$ in 2021 prices | 6 |
Countries ranked near Norway
- 45 Iraq 573.26 billion international-$ in 2021 prices compare
- 46 Peru 555.96 billion international-$ in 2021 prices compare
- 47 Czechia 536.64 billion international-$ in 2021 prices compare
- 49 Hong Kong 515.36 billion international-$ in 2021 prices compare
- 50 Israel 487.88 billion international-$ in 2021 prices compare
- 51 Portugal 460.04 billion international-$ in 2021 prices 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Norway?
- Gross domestic product (gdp) in Norway was 534.01 billion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 534.01 billion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Norway?
- The lowest recorded value was 240.10 billion international-$ in 2021 prices in 1990.
- How does Norway rank for gross domestic product (gdp)?
- Norway ranks 48th out of 198 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 Eurostat, OECD, IMF, and World Bank (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
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.