Gross domestic product (GDP), annual growth rate (Bolt) in Norway
Norway: Gross domestic product (GDP), annual growth rate (Bolt) was 3.28 % change on previous year in 2022. ◆ Volatile
Latest (2022)
3.28 % change on previous year
Change on year
down 15.9%
World rank
94th
of 166 countries
All-time high
15.58 % change on previous year
in 1919
All-time low
-9.79 % change on previous year
in 1921
Years of data
192
1831–2022
Gross domestic product (GDP), annual growth rate in Norway, 1831–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Norway recorded 3.28 % change on previous year for gross domestic product (gdp), annual growth rate in 2022.
Compared with earlier readings it is down 15.9% on the previous year and up 20.7% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Norway peaked at 15.58 % change on previous year in 1919 and was at its lowest, -9.79 % change on previous year, in 1921.
Norway ranks 94th of 166 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.
Gross domestic product (GDP), annual growth rate (Bolt) in Norway, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1831 | -4.88 % change on previous year | — |
| 1832 | 3.98 % change on previous year | -181.5% |
| 1833 | 9.48 % change on previous year | +138.2% |
| 1834 | 2.22 % change on previous year | -76.6% |
| 1835 | -0.3983 % change on previous year | -118.0% |
| 1836 | -1.31 % change on previous year | +229.5% |
| 1837 | 0.7917 % change on previous year | -160.3% |
| 1838 | 2.13 % change on previous year | +169.5% |
| 1839 | 1.62 % change on previous year | -24.1% |
| 1840 | 8.19 % change on previous year | +405.8% |
| 1841 | 0.1043 % change on previous year | -98.7% |
| 1842 | 0.5916 % change on previous year | +467.2% |
| 1843 | -2.6 % change on previous year | -539.1% |
| 1844 | 4.31 % change on previous year | -265.7% |
| 1845 | 5.44 % change on previous year | +26.4% |
| 1846 | 0.6187 % change on previous year | -88.6% |
| 1847 | 4.23 % change on previous year | +583.7% |
| 1848 | -7.39 % change on previous year | -274.6% |
| 1849 | 2.74 % change on previous year | -137.1% |
| 1850 | 5.24 % change on previous year | +91.2% |
| 1851 | 3.72 % change on previous year | -29.1% |
| 1852 | 2.53 % change on previous year | -31.8% |
| 1853 | 6.45 % change on previous year | +154.4% |
| 1854 | 5.91 % change on previous year | -8.3% |
| 1855 | 3.58 % change on previous year | -39.3% |
| 1856 | -0.4919 % change on previous year | -113.7% |
| 1857 | -3.95 % change on previous year | +703.5% |
| 1858 | 7.32 % change on previous year | -285.1% |
| 1859 | -0.8688 % change on previous year | -111.9% |
| 1860 | 5.57 % change on previous year | -741.4% |
| 1861 | 0.6993 % change on previous year | -87.5% |
| 1862 | 7.67 % change on previous year | +997.2% |
| 1863 | -1.25 % change on previous year | -116.3% |
| 1864 | 2.73 % change on previous year | -318.3% |
| 1865 | 5.96 % change on previous year | +118.1% |
| 1866 | -3.95 % change on previous year | -166.3% |
| 1867 | 1.34 % change on previous year | -133.9% |
| 1868 | -0.3413 % change on previous year | -125.4% |
| 1869 | 5.57 % change on previous year | -1732.4% |
| 1870 | 5.08 % change on previous year | -8.9% |
| 1871 | 5.15 % change on previous year | +1.4% |
| 1872 | 3.49 % change on previous year | -32.2% |
| 1873 | 4.08 % change on previous year | +16.9% |
| 1874 | -2.14 % change on previous year | -152.4% |
| 1875 | 3.79 % change on previous year | -277.4% |
| 1876 | 4.26 % change on previous year | +12.4% |
| 1877 | 0.1538 % change on previous year | -96.4% |
| 1878 | -3.32 % change on previous year | -2260.9% |
| 1879 | 5.32 % change on previous year | -260.1% |
| 1880 | 3.97 % change on previous year | -25.4% |
| 1881 | -2.35 % change on previous year | -159.3% |
| 1882 | 3.49 % change on previous year | -248.2% |
| 1883 | 2.08 % change on previous year | -40.3% |
| 1884 | -1.97 % change on previous year | -194.6% |
| 1885 | 0.0173 % change on previous year | -100.9% |
| 1886 | 1.89 % change on previous year | +10821.9% |
| 1887 | 2.28 % change on previous year | +21.0% |
| 1888 | 5.12 % change on previous year | +124.1% |
| 1889 | 3.45 % change on previous year | -32.6% |
| 1890 | 0.4376 % change on previous year | -87.3% |
| 1891 | 0.5465 % change on previous year | +24.9% |
| 1892 | 0.1356 % change on previous year | -75.2% |
| 1893 | 3.23 % change on previous year | +2280.2% |
| 1894 | 5.05 % change on previous year | +56.4% |
| 1895 | 5.3 % change on previous year | +5.0% |
| 1896 | 3.05 % change on previous year | -42.4% |
| 1897 | 5.21 % change on previous year | +70.7% |
| 1898 | 3.01 % change on previous year | -42.3% |
| 1899 | 0.6972 % change on previous year | -76.8% |
| 1900 | 1.34 % change on previous year | +91.6% |
| 1901 | 1.81 % change on previous year | +35.2% |
| 1902 | 0.7945 % change on previous year | -56.0% |
| 1903 | 1.25 % change on previous year | +57.1% |
| 1904 | 0.3324 % change on previous year | -73.4% |
| 1905 | 1.56 % change on previous year | +369.9% |
| 1906 | 5.69 % change on previous year | +264.5% |
| 1907 | 1.61 % change on previous year | -71.7% |
| 1908 | 2.87 % change on previous year | +78.1% |
| 1909 | 1.73 % change on previous year | -39.5% |
| 1910 | 5.81 % change on previous year | +235.0% |
| 1911 | 3.9 % change on previous year | -32.9% |
| 1912 | 3.55 % change on previous year | -8.9% |
| 1913 | 10.09 % change on previous year | +184.3% |
| 1914 | -0.7859 % change on previous year | -107.8% |
| 1915 | 2.71 % change on previous year | -444.4% |
| 1916 | 10.03 % change on previous year | +270.7% |
| 1917 | -9.74 % change on previous year | -197.1% |
| 1918 | -5.14 % change on previous year | -47.2% |
| 1919 | 15.58 % change on previous year | -402.9% |
| 1920 | 4.18 % change on previous year | -73.2% |
| 1921 | -9.79 % change on previous year | -334.6% |
| 1922 | 9.34 % change on previous year | -195.3% |
| 1923 | 7.28 % change on previous year | -22.1% |
| 1924 | -1.12 % change on previous year | -115.5% |
| 1925 | -0.4754 % change on previous year | -57.7% |
| 1926 | 0.943 % change on previous year | -298.4% |
| 1927 | 5.55 % change on previous year | +488.7% |
| 1928 | 5.37 % change on previous year | -3.3% |
| 1929 | 6.87 % change on previous year | +28.0% |
| 1930 | 4.03 % change on previous year | -41.4% |
| 1931 | -7.82 % change on previous year | -294.1% |
| 1932 | 4.99 % change on previous year | -163.8% |
| 1933 | 2.51 % change on previous year | -49.7% |
| 1934 | 3.52 % change on previous year | +40.4% |
| 1935 | 4.99 % change on previous year | +41.8% |
| 1936 | 6.74 % change on previous year | +35.0% |
| 1937 | 4.45 % change on previous year | -33.9% |
| 1938 | 2.24 % change on previous year | -49.8% |
| 1939 | 4.83 % change on previous year | +116.0% |
| 1940 | -8.48 % change on previous year | -275.5% |
| 1941 | 2.4 % change on previous year | -128.3% |
| 1942 | -3.86 % change on previous year | -261.0% |
| 1943 | -2 % change on previous year | -48.1% |
| 1944 | -5.21 % change on previous year | +160.0% |
| 1945 | 12.05 % change on previous year | -331.4% |
| 1946 | 10.19 % change on previous year | -15.4% |
| 1947 | 13.56 % change on previous year | +33.1% |
| 1948 | 6.96 % change on previous year | -48.7% |
| 1949 | 2.67 % change on previous year | -61.6% |
| 1950 | 4.88 % change on previous year | +82.7% |
| 1951 | 5.41 % change on previous year | +10.9% |
| 1952 | 3.52 % change on previous year | -34.8% |
| 1953 | 3.97 % change on previous year | +12.7% |
| 1954 | 5.05 % change on previous year | +27.1% |
| 1955 | 2.21 % change on previous year | -56.2% |
| 1956 | 5.33 % change on previous year | +141.5% |
| 1957 | 3.01 % change on previous year | -43.5% |
| 1958 | 0.0027 % change on previous year | -99.9% |
| 1959 | 4.21 % change on previous year | +157325.8% |
| 1960 | 5.64 % change on previous year | +33.8% |
| 1961 | 6.27 % change on previous year | +11.1% |
| 1962 | 2.81 % change on previous year | -55.1% |
| 1963 | 3.83 % change on previous year | +36.0% |
| 1964 | 4.98 % change on previous year | +30.1% |
| 1965 | 5.31 % change on previous year | +6.7% |
| 1966 | 3.77 % change on previous year | -28.9% |
| 1967 | 6.25 % change on previous year | +65.7% |
| 1968 | 2.24 % change on previous year | -64.2% |
| 1969 | 4.51 % change on previous year | +101.5% |
| 1970 | 1.99 % change on previous year | -56.0% |
| 1971 | 5.13 % change on previous year | +158.0% |
| 1972 | 5.1 % change on previous year | -0.6% |
| 1973 | 4.41 % change on previous year | -13.5% |
| 1974 | 4.2 % change on previous year | -4.9% |
| 1975 | 5.23 % change on previous year | +24.6% |
| 1976 | 5.86 % change on previous year | +12.1% |
| 1977 | 4.27 % change on previous year | -27.2% |
| 1978 | 3.49 % change on previous year | -18.3% |
| 1979 | 4.48 % change on previous year | +28.4% |
| 1980 | 4.95 % change on previous year | +10.5% |
| 1981 | 0.9627 % change on previous year | -80.6% |
| 1982 | 0.2102 % change on previous year | -78.2% |
| 1983 | 3.59 % change on previous year | +1605.6% |
| 1984 | 5.9 % change on previous year | +64.6% |
| 1985 | 5.2 % change on previous year | -11.9% |
| 1986 | 3.6 % change on previous year | -30.8% |
| 1987 | 2.05 % change on previous year | -43.0% |
| 1988 | -0.0413 % change on previous year | -102.0% |
| 1989 | 0.9583 % change on previous year | -2423.0% |
| 1990 | 2.08 % change on previous year | +117.2% |
| 1991 | 6.28 % change on previous year | +201.6% |
| 1992 | 6.74 % change on previous year | +7.4% |
| 1993 | 6.02 % change on previous year | -10.7% |
| 1994 | 8.3 % change on previous year | +37.9% |
| 1995 | 7.35 % change on previous year | -11.5% |
| 1996 | 8.26 % change on previous year | +12.4% |
| 1997 | 8.53 % change on previous year | +3.3% |
| 1998 | 5.78 % change on previous year | -32.3% |
| 1999 | 5.17 % change on previous year | -10.5% |
| 2000 | 6.38 % change on previous year | +23.4% |
| 2001 | 5.23 % change on previous year | -18.0% |
| 2002 | 4.55 % change on previous year | -13.0% |
| 2003 | 4.03 % change on previous year | -11.4% |
| 2004 | 7.16 % change on previous year | +77.4% |
| 2005 | 5.78 % change on previous year | -19.3% |
| 2006 | 5.56 % change on previous year | -3.7% |
| 2007 | 6.09 % change on previous year | +9.4% |
| 2008 | 3.47 % change on previous year | -42.9% |
| 2009 | 1.42 % change on previous year | -59.2% |
| 2010 | 3.69 % change on previous year | +160.3% |
| 2011 | 4.08 % change on previous year | +10.7% |
| 2012 | 2.72 % change on previous year | -33.4% |
| 2013 | 1.02 % change on previous year | -62.6% |
| 2014 | 2.05 % change on previous year | +101.6% |
| 2015 | 1.86 % change on previous year | -9.3% |
| 2016 | 1.16 % change on previous year | -37.3% |
| 2017 | 2.46 % change on previous year | +111.5% |
| 2018 | 0.8288 % change on previous year | -66.4% |
| 2019 | 1.12 % change on previous year | +35.6% |
| 2020 | -1.28 % change on previous year | -213.7% |
| 2021 | 3.9 % change on previous year | -405.0% |
| 2022 | 3.28 % change on previous year | -15.9% |
Norway compared with similar countries
- Norway's 3.28 % change on previous year is below the median for high income countries, which is 3.67 % change on previous year, 89% of the median. (55 countries reporting)
- Norway's 3.28 % change on previous year is below the median for Europe & Central Asia, which is 3.71 % change on previous year, 88% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate (Bolt) in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1959 | +157325.8% | 0.0027 % change on previous year | 4.21 % change on previous year |
| 1886 | +10821.9% | 0.0173 % change on previous year | 1.89 % change on previous year |
| 1989 | +2423.0% | -0.0413 % change on previous year | 0.9583 % change on previous year |
| 1893 | +2280.2% | 0.1356 % change on previous year | 3.23 % change on previous year |
| 1878 | -2260.9% | 0.1538 % change on previous year | -3.32 % change on previous year |
| 1869 | +1732.4% | -0.3413 % change on previous year | 5.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1830s | 1.51 % change on previous year | -4.88 % change on previous year | 9.48 % change on previous year | 9 |
| 1840s | 1.62 % change on previous year | -7.39 % change on previous year | 8.19 % change on previous year | 10 |
| 1850s | 2.94 % change on previous year | -3.95 % change on previous year | 7.32 % change on previous year | 10 |
| 1860s | 2.4 % change on previous year | -3.95 % change on previous year | 7.67 % change on previous year | 10 |
| 1870s | 2.59 % change on previous year | -3.32 % change on previous year | 5.32 % change on previous year | 10 |
| 1880s | 1.8 % change on previous year | -2.35 % change on previous year | 5.12 % change on previous year | 10 |
| 1890s | 2.67 % change on previous year | 0.1356 % change on previous year | 5.3 % change on previous year | 10 |
| 1900s | 1.9 % change on previous year | 0.3324 % change on previous year | 5.69 % change on previous year | 10 |
| 1910s | 3.6 % change on previous year | -9.74 % change on previous year | 15.58 % change on previous year | 10 |
| 1920s | 2.81 % change on previous year | -9.79 % change on previous year | 9.34 % change on previous year | 10 |
| 1930s | 3.05 % change on previous year | -7.82 % change on previous year | 6.74 % change on previous year | 10 |
| 1940s | 2.83 % change on previous year | -8.48 % change on previous year | 13.56 % change on previous year | 10 |
| 1950s | 3.76 % change on previous year | 0.0027 % change on previous year | 5.41 % change on previous year | 10 |
| 1960s | 4.56 % change on previous year | 2.24 % change on previous year | 6.27 % change on previous year | 10 |
| 1970s | 4.41 % change on previous year | 1.99 % change on previous year | 5.86 % change on previous year | 10 |
| 1980s | 2.74 % change on previous year | -0.0413 % change on previous year | 5.9 % change on previous year | 10 |
| 1990s | 6.45 % change on previous year | 2.08 % change on previous year | 8.53 % change on previous year | 10 |
| 2000s | 4.97 % change on previous year | 1.42 % change on previous year | 7.16 % change on previous year | 10 |
| 2010s | 2.1 % change on previous year | 0.8288 % change on previous year | 4.08 % change on previous year | 10 |
| 2020s | 1.97 % change on previous year | -1.28 % change on previous year | 3.9 % change on previous year | 3 |
Countries ranked near Norway
- 91 Cameroon 3.38 % change on previous year compare
- 92 Bulgaria 3.36 % change on previous year compare
- 93 Puerto Rico 3.36 % change on previous year compare
- 95 Nigeria 3.25 % change on previous year compare
- 96 Equatorial Guinea 3.25 % change on previous year compare
- 97 Ghana 3.22 % change on previous year 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0071 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), annual growth rate in Norway?
- Gross domestic product (gdp), annual growth rate in Norway was 3.28 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Norway?
- The highest recorded value was 15.58 % change on previous year in 1919.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Norway?
- The lowest recorded value was -9.79 % change on previous year in 1921.
- How does Norway rank for gross domestic product (gdp), annual growth rate?
- Norway ranks 94th out of 166 countries with data for 2022.
- Is gross domestic product (gdp), annual growth rate rising or falling in Norway?
- Over the last ten years it is up 20.7%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 192 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.