Gross Domestic Product, GDP in millions constant 2021 international $ in Norway
Norway: Gross Domestic Product, GDP in millions constant 2021 international $ was 530,071 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Norway, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Norway stood at 530,071. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 1.6% on the previous year and up 15.2% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Norway peaked at 530,071 in 2027 and was at its lowest, 249,688, in 1991.
Norway ranks 50th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 249,688 | — |
| 1992 | 258,613 | +3.6% |
| 1993 | 265,971 | +2.8% |
| 1994 | 279,417 | +5.1% |
| 1995 | 291,029 | +4.2% |
| 1996 | 305,661 | +5.0% |
| 1997 | 321,814 | +5.3% |
| 1998 | 330,402 | +2.7% |
| 1999 | 337,248 | +2.1% |
| 2000 | 348,442 | +3.3% |
| 2001 | 355,644 | +2.1% |
| 2002 | 360,544 | +1.4% |
| 2003 | 363,950 | +0.9% |
| 2004 | 378,561 | +4.0% |
| 2005 | 388,726 | +2.7% |
| 2006 | 398,295 | +2.5% |
| 2007 | 409,901 | +2.9% |
| 2008 | 411,877 | +0.5% |
| 2009 | 403,885 | -1.9% |
| 2010 | 407,063 | +0.8% |
| 2011 | 411,564 | +1.1% |
| 2012 | 422,750 | +2.7% |
| 2013 | 427,046 | +1.0% |
| 2014 | 435,793 | +2.0% |
| 2015 | 443,887 | +1.9% |
| 2016 | 449,057 | +1.2% |
| 2017 | 460,121 | +2.5% |
| 2018 | 463,935 | +0.8% |
| 2019 | 469,148 | +1.1% |
| 2020 | 463,152 | -1.3% |
| 2021 | 481,257 | +3.9% |
| 2022 | 496,879 | +3.2% |
| 2023 | 497,236 | +0.1% |
| 2024 | 507,663 | +2.1% |
| 2025 | 513,659 | +1.2% |
| 2026 | 521,954 | +1.6% |
| 2027 | 530,071 | +1.6% |
Norway compared with similar countries
- Norway's 530,071 is above the median for high income countries, which is 390,765, 1.4× the median. (62 countries reporting)
- Norway's 530,071 is above the median for Europe & Central Asia, which is 367,047, 1.4× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 293,316 | 249,688 | 337,248 | 9 |
| 2000s | 381,982 | 348,442 | 411,877 | 10 |
| 2010s | 439,036 | 407,063 | 469,148 | 10 |
| 2020s | 501,484 | 463,152 | 530,071 | 8 |
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 in millions constant 2021 international $ in Norway?
- Gross domestic product, gdp in millions constant 2021 international $ in Norway was 530,071 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Norway?
- The highest recorded value was 530,071 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Norway?
- The lowest recorded value was 249,688 in 1991.
- How does Norway rank for gross domestic product, gdp in millions constant 2021 international $?
- Norway ranks 50th out of 188 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 up 15.2%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.