GERD by sector of performance and socioeconomic objectives (NABS 2007) in Norway
Norway: GERD by sector of performance and socioeconomic objectives (NABS 2007) was 8,121 Million euro in 2024. ▲ Rising
Latest (2024)
8,121 Million euro
Change on year
down 1.8%
World rank
26th
of 54 countries
All-time high
8,800 Million euro
in 2022
All-time low
3,290 Million euro
in 2004
Years of data
22
2003–2024
GERD by sector of performance and socioeconomic objectives in Norway, 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gerd by sector of performance and socioeconomic objectives in Norway stood at 8,121 Million euro.
The figure is down 1.8% on the previous year and up 26.0% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in Norway peaked at 8,800 Million euro in 2022 and was at its lowest, 3,290 Million euro, in 2004.
Norway ranks 26th of 54 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
GERD by sector of performance and socioeconomic objectives (NABS 2007) in Norway, year by year
| Year | Million euro | Change |
|---|---|---|
| 2003 | 3,401 Million euro | — |
| 2004 | 3,290 Million euro | -3.3% |
| 2005 | 3,683 Million euro | +12.0% |
| 2006 | 4,008 Million euro | +8.8% |
| 2007 | 4,587 Million euro | +14.4% |
| 2008 | 4,928 Million euro | +7.4% |
| 2009 | 4,799 Million euro | -2.6% |
| 2010 | 5,342 Million euro | +11.3% |
| 2011 | 5,831 Million euro | +9.1% |
| 2012 | 6,427 Million euro | +10.2% |
| 2013 | 6,501 Million euro | +1.1% |
| 2014 | 6,448 Million euro | -0.8% |
| 2015 | 6,728 Million euro | +4.3% |
| 2016 | 6,818 Million euro | +1.3% |
| 2017 | 7,417 Million euro | +8.8% |
| 2018 | 7,583 Million euro | +2.2% |
| 2019 | 7,799 Million euro | +2.9% |
| 2020 | 7,245 Million euro | -7.1% |
| 2021 | 8,031 Million euro | +10.8% |
| 2022 | 8,800 Million euro | +9.6% |
| 2023 | 8,267 Million euro | -6.1% |
| 2024 | 8,121 Million euro | -1.8% |
Norway compared with similar countries
- Norway's 8,121 Million euro is above the median for Europe & Central Asia, which is 5,020 Million euro, 1.6× the median. (35 countries reporting)
- Norway's 8,121 Million euro is below the median for high income countries, which is 8,893 Million euro, 91% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,099 Million euro | 3,290 Million euro | 4,928 Million euro | 7 |
| 2010s | 6,689 Million euro | 5,342 Million euro | 7,799 Million euro | 10 |
| 2020s | 8,093 Million euro | 7,245 Million euro | 8,800 Million euro | 5 |
Countries ranked near Norway
More economy & growth data for Norway
- Real gdp growth, annual growth rate -23.81 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,340 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.4463 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 978.78 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.99 % change on previous year (2025)
Frequently asked questions
- What is gerd by sector of performance and socioeconomic objectives in Norway?
- Gerd by sector of performance and socioeconomic objectives in Norway was 8,121 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and socioeconomic objectives recorded in Norway?
- The highest recorded value was 8,800 Million euro in 2022.
- What is the lowest gerd by sector of performance and socioeconomic objectives recorded in Norway?
- The lowest recorded value was 3,290 Million euro in 2004.
- How does Norway rank for gerd by sector of performance and socioeconomic objectives?
- Norway ranks 26th out of 54 countries with data for 2024.
- Is gerd by sector of performance and socioeconomic objectives rising or falling in Norway?
- Over the last ten years it is up 26.0%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
Download this data
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