Gross domestic product (GDP) at current market prices by NUTS 3 region in Norway
Norway: Gross domestic product (GDP) at current market prices by NUTS 3 region was 425,446 Million euro in 2021. ▲ Rising
Latest (2021)
425,446 Million euro
Change on year
up 31.8%
World rank
15th
of 45 countries
All-time high
425,446 Million euro
in 2021
All-time low
279,533 Million euro
in 2009
Years of data
14
2008–2021
Gross domestic product (GDP) at current market prices by NUTS 3 region in Norway, 2008–2021
Source: Eurostat. Measured in Million euro.
Analysis
In 2021, gross domestic product (gdp) at current market prices by nuts 3 region in Norway stood at 425,446 Million euro. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 31.8% on the previous year and up 18.0% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Norway peaked at 425,446 Million euro in 2021 and was at its lowest, 279,533 Million euro, in 2009.
That places Norway 15th out of 45 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Gross domestic product (GDP) at current market prices by NUTS 3 region in Norway, year by year
| Year | Million euro | Change |
|---|---|---|
| 2008 | 318,851 Million euro | — |
| 2009 | 279,533 Million euro | -12.3% |
| 2010 | 325,494 Million euro | +16.4% |
| 2011 | 360,552 Million euro | +10.8% |
| 2012 | 399,069 Million euro | +10.7% |
| 2013 | 395,857 Million euro | -0.8% |
| 2014 | 378,456 Million euro | -4.4% |
| 2015 | 349,757 Million euro | -7.6% |
| 2016 | 335,397 Million euro | -4.1% |
| 2017 | 356,289 Million euro | +6.2% |
| 2018 | 372,658 Million euro | +4.6% |
| 2019 | 365,130 Million euro | -2.0% |
| 2020 | 322,824 Million euro | -11.6% |
| 2021 | 425,446 Million euro | +31.8% |
Norway compared with similar countries
- Norway's 425,446 Million euro is above the median for Europe & Central Asia, which is 282,710 Million euro, 1.5× the median. (32 countries reporting)
- Norway's 425,446 Million euro is above the median for high income countries, which is 320,787 Million euro, 1.3× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 299,192 Million euro | 279,533 Million euro | 318,851 Million euro | 2 |
| 2010s | 363,866 Million euro | 325,494 Million euro | 399,069 Million euro | 10 |
| 2020s | 374,135 Million euro | 322,824 Million euro | 425,446 Million euro | 2 |
Countries ranked near Norway
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) at current market prices by nuts 3 region in Norway?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Norway was 425,446 Million euro in 2021, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Norway?
- The highest recorded value was 425,446 Million euro in 2021.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Norway?
- The lowest recorded value was 279,533 Million euro in 2009.
- How does Norway rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Norway ranks 15th out of 45 countries with data for 2021.
- Is gross domestic product (gdp) at current market prices by nuts 3 region rising or falling in Norway?
- Over the last ten years it is up 18.0%. 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 Gross domestic product (GDP) at current market prices by NUTS 3 region. Statizoid updates them automatically from the source API.
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