Gross domestic product (GDP), Current prices, Domestic currency in Norway
Norway: Gross domestic product (GDP), Current prices, Domestic currency was 3,568 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Norway, 1960–2019
Source: International Monetary Fund.
Analysis
Norway recorded 3,568 for gross domestic product (gdp), current prices, domestic currency in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 0.4% on the previous year and up 46.9% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Norway peaked at 3,568 in 2019 and was at its lowest, 38.32, in 1960.
That places Norway 70th out of 194 countries with data for 2019, putting it 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), Current prices, Domestic currency in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 38.32 | — |
| 1961 | 41.8 | +9.1% |
| 1962 | 45.03 | +7.7% |
| 1963 | 48.32 | +7.3% |
| 1964 | 53.13 | +10.0% |
| 1965 | 58.62 | +10.3% |
| 1966 | 63.26 | +7.9% |
| 1967 | 69.21 | +9.4% |
| 1968 | 73.9 | +6.8% |
| 1969 | 80.47 | +8.9% |
| 1970 | 92.59 | +15.1% |
| 1971 | 103.5 | +11.8% |
| 1972 | 114.67 | +10.8% |
| 1973 | 130.07 | +13.4% |
| 1974 | 150.76 | +15.9% |
| 1975 | 172.68 | +14.5% |
| 1976 | 196.99 | +14.1% |
| 1977 | 222.07 | +12.7% |
| 1978 | 243.89 | +9.8% |
| 1979 | 269.07 | +10.3% |
| 1980 | 318.28 | +18.3% |
| 1981 | 365.01 | +14.7% |
| 1982 | 404.32 | +10.8% |
| 1983 | 449.66 | +11.2% |
| 1984 | 506.49 | +12.6% |
| 1985 | 562.4 | +11.0% |
| 1986 | 581.91 | +3.5% |
| 1987 | 634.88 | +9.1% |
| 1988 | 664.08 | +4.6% |
| 1989 | 708.63 | +6.7% |
| 1990 | 749.86 | +5.8% |
| 1991 | 790.09 | +5.4% |
| 1992 | 813.09 | +2.9% |
| 1993 | 855.4 | +5.2% |
| 1994 | 897.24 | +4.9% |
| 1995 | 963.14 | +7.3% |
| 1996 | 1,055 | +9.5% |
| 1997 | 1,141 | +8.2% |
| 1998 | 1,163 | +1.9% |
| 1999 | 1,266 | +8.8% |
| 2000 | 1,507 | +19.1% |
| 2001 | 1,564 | +3.8% |
| 2002 | 1,561 | -0.2% |
| 2003 | 1,620 | +3.8% |
| 2004 | 1,783 | +10.0% |
| 2005 | 1,990 | +11.6% |
| 2006 | 2,216 | +11.4% |
| 2007 | 2,350 | +6.0% |
| 2008 | 2,607 | +10.9% |
| 2009 | 2,428 | -6.9% |
| 2010 | 2,591 | +6.7% |
| 2011 | 2,793 | +7.8% |
| 2012 | 2,964 | +6.1% |
| 2013 | 3,071 | +3.6% |
| 2014 | 3,141 | +2.3% |
| 2015 | 3,111 | -0.9% |
| 2016 | 3,098 | -0.4% |
| 2017 | 3,295 | +6.4% |
| 2018 | 3,554 | +7.8% |
| 2019 | 3,568 | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 57.21 | 38.32 | 80.47 | 10 |
| 1970s | 169.63 | 92.59 | 269.07 | 10 |
| 1980s | 519.57 | 318.28 | 708.63 | 10 |
| 1990s | 969.37 | 749.86 | 1,266 | 10 |
| 2000s | 1,963 | 1,507 | 2,607 | 10 |
| 2010s | 3,119 | 2,591 | 3,568 | 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)
- Exports of goods and services (current LCU), annual growth rate 0.2872 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 4.72 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 446,191 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.39 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3461 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 32,736 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 7.95 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2338 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Norway?
- Gross domestic product (gdp), current prices, domestic currency in Norway was 3,568 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Norway?
- The highest recorded value was 3,568 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Norway?
- The lowest recorded value was 38.32 in 1960.
- How does Norway rank for gross domestic product (gdp), current prices, domestic currency?
- Norway ranks 70th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Norway?
- Over the last ten years it is up 46.9%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. 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.