Gross Domestic Product, GDP in millions constant 2021 international $ in Norway
Norway: Gross Domestic Product, GDP in millions constant 2021 international $ was 1.56 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Norway, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Norway is 1.56 % change on previous year, measured in 2027.
That represents a change of down 3.7% on the previous year and down 36.9% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Norway peaked at 5.28 % change on previous year in 1997 and was at its lowest, -1.94 % change on previous year, in 2009.
That places Norway 165th out of 189 countries with data for 2027, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in Norway, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 3.57 % change on previous year | — |
| 1993 | 2.85 % change on previous year | -20.4% |
| 1994 | 5.06 % change on previous year | +77.7% |
| 1995 | 4.16 % change on previous year | -17.8% |
| 1996 | 5.03 % change on previous year | +21.0% |
| 1997 | 5.28 % change on previous year | +5.1% |
| 1998 | 2.67 % change on previous year | -49.5% |
| 1999 | 2.07 % change on previous year | -22.4% |
| 2000 | 3.32 % change on previous year | +60.2% |
| 2001 | 2.07 % change on previous year | -37.7% |
| 2002 | 1.38 % change on previous year | -33.3% |
| 2003 | 0.9447 % change on previous year | -31.4% |
| 2004 | 4.01 % change on previous year | +325.0% |
| 2005 | 2.69 % change on previous year | -33.1% |
| 2006 | 2.46 % change on previous year | -8.3% |
| 2007 | 2.91 % change on previous year | +18.4% |
| 2008 | 0.4821 % change on previous year | -83.5% |
| 2009 | -1.94 % change on previous year | -502.5% |
| 2010 | 0.7869 % change on previous year | -140.6% |
| 2011 | 1.11 % change on previous year | +40.5% |
| 2012 | 2.72 % change on previous year | +145.8% |
| 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 | 0.8289 % 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 | 3.91 % change on previous year | -405.9% |
| 2022 | 3.25 % change on previous year | -17.0% |
| 2023 | 0.0718 % change on previous year | -97.8% |
| 2024 | 2.1 % change on previous year | +2818.6% |
| 2025 | 1.18 % change on previous year | -43.7% |
| 2026 | 1.61 % change on previous year | +36.7% |
| 2027 | 1.56 % change on previous year | -3.7% |
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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 |
|---|---|---|---|
| 2024 | +2818.6% | 0.0718 % change on previous year | 2.1 % change on previous year |
| 2009 | -502.5% | 0.4821 % change on previous year | -1.94 % change on previous year |
| 2021 | +405.9% | -1.28 % change on previous year | 3.91 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.84 % change on previous year | 2.07 % change on previous year | 5.28 % change on previous year | 8 |
| 2000s | 1.83 % change on previous year | -1.94 % change on previous year | 4.01 % change on previous year | 10 |
| 2010s | 1.51 % change on previous year | 0.7869 % change on previous year | 2.72 % change on previous year | 10 |
| 2020s | 1.55 % change on previous year | -1.28 % change on previous year | 3.91 % change on previous year | 8 |
Countries ranked near Norway
- 162 Tunisia 1.6 % change on previous year compare
- 163 Korea, Democratic People's Republic of 1.58 % change on previous year compare
- 164 Austria 1.56 % change on previous year compare
- 166 Jamaica 1.55 % change on previous year compare
- 167 United Kingdom of Great Britain and Northern Ireland 1.54 % change on previous year compare
- 168 South Africa 1.51 % 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)
- 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 in millions constant 2021 international $ in Norway?
- Gross domestic product, gdp in millions constant 2021 international $ in Norway was 1.56 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Norway?
- The highest recorded value was 5.28 % change on previous year in 1997.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Norway?
- The lowest recorded value was -1.94 % change on previous year in 2009.
- How does Norway rank for gross domestic product, gdp in millions constant 2021 international $?
- Norway ranks 165th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Norway?
- Over the last ten years it is down 36.9%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.