Gross domestic product (GDP), per unit of GDP in Norway
Norway: Gross domestic product (GDP), per unit of GDP was 1.09 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
1.09 international-$ in 2021 prices per US$ of GDP
Change on year
up 17.6%
World rank
159th
of 180 countries
All-time high
9.81 international-$ in 2021 prices per US$ of GDP
in 1960
All-time low
0.9235 international-$ in 2021 prices per US$ of GDP
in 2022
Years of data
64
1960–2023
Gross domestic product (GDP), per unit of GDP in Norway, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Norway is 1.09 international-$ in 2021 prices per US$ of GDP, measured in 2023.
That represents a change of up 17.6% on the previous year and up 10.2% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Norway peaked at 9.81 international-$ in 2021 prices per US$ of GDP in 1960 and was at its lowest, 0.9235 international-$ in 2021 prices per US$ of GDP, in 2022.
Norway ranks 159th of 180 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP in Norway, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 9.81 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 9.5 international-$ in 2021 prices per US$ of GDP | -3.2% |
| 1962 | 8.99 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 1963 | 8.66 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 1964 | 8.35 international-$ in 2021 prices per US$ of GDP | -3.5% |
| 1965 | 7.83 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 1966 | 7.51 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 1967 | 7.29 international-$ in 2021 prices per US$ of GDP | -2.8% |
| 1968 | 7.09 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 1969 | 6.77 international-$ in 2021 prices per US$ of GDP | -4.5% |
| 1970 | 4.81 international-$ in 2021 prices per US$ of GDP | -28.9% |
| 1971 | 4.55 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 1972 | 4.23 international-$ in 2021 prices per US$ of GDP | -7.0% |
| 1973 | 3.35 international-$ in 2021 prices per US$ of GDP | -20.8% |
| 1974 | 3.01 international-$ in 2021 prices per US$ of GDP | -10.2% |
| 1975 | 2.77 international-$ in 2021 prices per US$ of GDP | -8.0% |
| 1976 | 2.84 international-$ in 2021 prices per US$ of GDP | +2.5% |
| 1977 | 2.54 international-$ in 2021 prices per US$ of GDP | -10.5% |
| 1978 | 2.46 international-$ in 2021 prices per US$ of GDP | -3.2% |
| 1979 | 2.29 international-$ in 2021 prices per US$ of GDP | -6.9% |
| 1980 | 2.01 international-$ in 2021 prices per US$ of GDP | -12.2% |
| 1981 | 2.05 international-$ in 2021 prices per US$ of GDP | +2.0% |
| 1982 | 2.06 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 1983 | 2.19 international-$ in 2021 prices per US$ of GDP | +6.5% |
| 1984 | 2.3 international-$ in 2021 prices per US$ of GDP | +5.1% |
| 1985 | 2.2 international-$ in 2021 prices per US$ of GDP | -4.2% |
| 1986 | 1.78 international-$ in 2021 prices per US$ of GDP | -19.4% |
| 1987 | 1.52 international-$ in 2021 prices per US$ of GDP | -14.2% |
| 1988 | 1.35 international-$ in 2021 prices per US$ of GDP | -11.1% |
| 1989 | 1.4 international-$ in 2021 prices per US$ of GDP | +3.4% |
| 1990 | 1.33 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 1991 | 1.32 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 1992 | 1.27 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 1993 | 1.39 international-$ in 2021 prices per US$ of GDP | +9.6% |
| 1994 | 1.37 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 1995 | 1.23 international-$ in 2021 prices per US$ of GDP | -10.1% |
| 1996 | 1.29 international-$ in 2021 prices per US$ of GDP | +4.6% |
| 1997 | 1.38 international-$ in 2021 prices per US$ of GDP | +7.4% |
| 1998 | 1.38 international-$ in 2021 prices per US$ of GDP | -0.6% |
| 1999 | 1.46 international-$ in 2021 prices per US$ of GDP | +5.8% |
| 2000 | 1.7 international-$ in 2021 prices per US$ of GDP | +16.7% |
| 2001 | 1.71 international-$ in 2021 prices per US$ of GDP | +0.6% |
| 2002 | 1.47 international-$ in 2021 prices per US$ of GDP | -14.2% |
| 2003 | 1.35 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 2004 | 1.25 international-$ in 2021 prices per US$ of GDP | -7.7% |
| 2005 | 1.29 international-$ in 2021 prices per US$ of GDP | +3.9% |
| 2006 | 1.25 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 2007 | 1.09 international-$ in 2021 prices per US$ of GDP | -12.2% |
| 2008 | 1.08 international-$ in 2021 prices per US$ of GDP | -1.7% |
| 2009 | 1.08 international-$ in 2021 prices per US$ of GDP | +0.8% |
| 2010 | 1.06 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 2011 | 1 international-$ in 2021 prices per US$ of GDP | -5.2% |
| 2012 | 1.04 international-$ in 2021 prices per US$ of GDP | +3.5% |
| 2013 | 0.985 international-$ in 2021 prices per US$ of GDP | -5.1% |
| 2014 | 0.9749 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 2015 | 1.06 international-$ in 2021 prices per US$ of GDP | +8.6% |
| 2016 | 1.07 international-$ in 2021 prices per US$ of GDP | +0.8% |
| 2017 | 1.03 international-$ in 2021 prices per US$ of GDP | -3.6% |
| 2018 | 1.03 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 2019 | 1.13 international-$ in 2021 prices per US$ of GDP | +9.5% |
| 2020 | 1.25 international-$ in 2021 prices per US$ of GDP | +10.3% |
| 2021 | 1.01 international-$ in 2021 prices per US$ of GDP | -18.9% |
| 2022 | 0.9235 international-$ in 2021 prices per US$ of GDP | -8.8% |
| 2023 | 1.09 international-$ in 2021 prices per US$ of GDP | +17.6% |
Norway compared with similar countries
- Norway's 1.09 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 88% of the median. (65 countries reporting)
- Norway's 1.09 international-$ in 2021 prices per US$ of GDP is below the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 72% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.18 international-$ in 2021 prices per US$ of GDP | 6.77 international-$ in 2021 prices per US$ of GDP | 9.81 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 3.28 international-$ in 2021 prices per US$ of GDP | 2.29 international-$ in 2021 prices per US$ of GDP | 4.81 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 1.89 international-$ in 2021 prices per US$ of GDP | 1.35 international-$ in 2021 prices per US$ of GDP | 2.3 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 1.34 international-$ in 2021 prices per US$ of GDP | 1.23 international-$ in 2021 prices per US$ of GDP | 1.46 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.33 international-$ in 2021 prices per US$ of GDP | 1.08 international-$ in 2021 prices per US$ of GDP | 1.71 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.04 international-$ in 2021 prices per US$ of GDP | 0.9749 international-$ in 2021 prices per US$ of GDP | 1.13 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.07 international-$ in 2021 prices per US$ of GDP | 0.9235 international-$ in 2021 prices per US$ of GDP | 1.25 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Norway
- 156 Austria 1.11 international-$ in 2021 prices per US$ of GDP compare
- 157 Malta 1.1 international-$ in 2021 prices per US$ of GDP compare
- 158 Sweden 1.09 international-$ in 2021 prices per US$ of GDP compare
- 160 Sint Maarten (Dutch part) 1.08 international-$ in 2021 prices per US$ of GDP compare
- 161 Belgium 1.05 international-$ in 2021 prices per US$ of GDP compare
- 162 Antigua and Barbuda 1.04 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Norway?
- Gross domestic product (gdp), per unit of gdp in Norway was 1.09 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Norway?
- The highest recorded value was 9.81 international-$ in 2021 prices per US$ of GDP in 1960.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Norway?
- The lowest recorded value was 0.9235 international-$ in 2021 prices per US$ of GDP in 2022.
- How does Norway rank for gross domestic product (gdp), per unit of gdp?
- Norway ranks 159th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Norway?
- Over the last ten years it is up 10.2%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.