Gross domestic product (GDP), Constant prices, Purchasing power in Norway
Norway: Gross domestic product (GDP), Constant prices, Purchasing power was 344.69 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Norway, 1960–2019
Source: International Monetary Fund.
Analysis
Norway recorded 344.69 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 60 years on record.
The figure is up 0.9% on the previous year and up 15.7% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Norway peaked at 344.69 in 2019 and was at its lowest, 58.34, in 1960.
That places Norway 54th out of 193 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 58.34 | — |
| 1961 | 62 | +6.3% |
| 1962 | 63.75 | +2.8% |
| 1963 | 66.16 | +3.8% |
| 1964 | 69.48 | +5.0% |
| 1965 | 73.15 | +5.3% |
| 1966 | 75.92 | +3.8% |
| 1967 | 80.67 | +6.3% |
| 1968 | 82.49 | +2.3% |
| 1969 | 86.21 | +4.5% |
| 1970 | 87.93 | +2.0% |
| 1971 | 92.44 | +5.1% |
| 1972 | 97.15 | +5.1% |
| 1973 | 101.44 | +4.4% |
| 1974 | 105.69 | +4.2% |
| 1975 | 111.21 | +5.2% |
| 1976 | 117.73 | +5.9% |
| 1977 | 122.76 | +4.3% |
| 1978 | 127.04 | +3.5% |
| 1979 | 132.59 | +4.4% |
| 1980 | 138.65 | +4.6% |
| 1981 | 140.86 | +1.6% |
| 1982 | 141.19 | +0.2% |
| 1983 | 146.8 | +4.0% |
| 1984 | 155.69 | +6.1% |
| 1985 | 164.34 | +5.6% |
| 1986 | 170.98 | +4.0% |
| 1987 | 173.98 | +1.8% |
| 1988 | 173.53 | -0.3% |
| 1989 | 175.33 | +1.0% |
| 1990 | 178.72 | +1.9% |
| 1991 | 184.23 | +3.1% |
| 1992 | 190.82 | +3.6% |
| 1993 | 196.25 | +2.8% |
| 1994 | 206.17 | +5.1% |
| 1995 | 214.74 | +4.2% |
| 1996 | 225.53 | +5.0% |
| 1997 | 237.45 | +5.3% |
| 1998 | 243.69 | +2.6% |
| 1999 | 248.59 | +2.0% |
| 2000 | 256.56 | +3.2% |
| 2001 | 261.88 | +2.1% |
| 2002 | 265.67 | +1.4% |
| 2003 | 268.09 | +0.9% |
| 2004 | 278.73 | +4.0% |
| 2005 | 286.05 | +2.6% |
| 2006 | 292.91 | +2.4% |
| 2007 | 301.68 | +3.0% |
| 2008 | 303.12 | +0.5% |
| 2009 | 297.88 | -1.7% |
| 2010 | 299.97 | +0.7% |
| 2011 | 302.92 | +1.0% |
| 2012 | 311.11 | +2.7% |
| 2013 | 314.32 | +1.0% |
| 2014 | 320.51 | +2.0% |
| 2015 | 326.82 | +2.0% |
| 2016 | 330.32 | +1.1% |
| 2017 | 337.99 | +2.3% |
| 2018 | 341.77 | +1.1% |
| 2019 | 344.69 | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 71.82 | 58.34 | 86.21 | 10 |
| 1970s | 109.6 | 87.93 | 132.59 | 10 |
| 1980s | 158.13 | 138.65 | 175.33 | 10 |
| 1990s | 212.62 | 178.72 | 248.59 | 10 |
| 2000s | 281.26 | 256.56 | 303.12 | 10 |
| 2010s | 323.04 | 299.97 | 344.69 | 10 |
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), constant prices, purchasing power in Norway?
- Gross domestic product (gdp), constant prices, purchasing power in Norway was 344.69 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Norway?
- The highest recorded value was 344.69 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Norway?
- The lowest recorded value was 58.34 in 1960.
- How does Norway rank for gross domestic product (gdp), constant prices, purchasing power?
- Norway ranks 54th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Norway?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.