Gross Domestic Product — Value US$, 2015 prices in Norway
Norway: Gross Domestic Product — Value US$, 2015 prices was 444,713 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Norway, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Norway recorded 444,713 million USD for gross domestic product — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 16.7% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Norway peaked at 444,713 million USD in 2024 and was at its lowest, 103,622 million USD, in 1970.
That places Norway 31st out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Norway, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 103,622 million USD | — |
| 1971 | 109,501 million USD | +5.7% |
| 1972 | 115,338 million USD | +5.3% |
| 1973 | 120,566 million USD | +4.5% |
| 1974 | 125,295 million USD | +3.9% |
| 1975 | 131,500 million USD | +5.0% |
| 1976 | 139,160 million USD | +5.8% |
| 1977 | 144,950 million USD | +4.2% |
| 1978 | 150,559 million USD | +3.9% |
| 1979 | 157,142 million USD | +4.4% |
| 1980 | 164,314 million USD | +4.6% |
| 1981 | 166,941 million USD | +1.6% |
| 1982 | 167,334 million USD | +0.2% |
| 1983 | 173,982 million USD | +4.0% |
| 1984 | 184,512 million USD | +6.1% |
| 1985 | 194,758 million USD | +5.6% |
| 1986 | 202,631 million USD | +4.0% |
| 1987 | 206,184 million USD | +1.8% |
| 1988 | 205,658 million USD | -0.3% |
| 1989 | 207,793 million USD | +1.0% |
| 1990 | 211,808 million USD | +1.9% |
| 1991 | 218,341 million USD | +3.1% |
| 1992 | 226,146 million USD | +3.6% |
| 1993 | 232,580 million USD | +2.8% |
| 1994 | 244,338 million USD | +5.1% |
| 1995 | 254,492 million USD | +4.2% |
| 1996 | 267,287 million USD | +5.0% |
| 1997 | 281,412 million USD | +5.3% |
| 1998 | 288,922 million USD | +2.7% |
| 1999 | 294,909 million USD | +2.1% |
| 2000 | 304,697 million USD | +3.3% |
| 2001 | 310,995 million USD | +2.1% |
| 2002 | 315,279 million USD | +1.4% |
| 2003 | 318,259 million USD | +0.9% |
| 2004 | 331,035 million USD | +4.0% |
| 2005 | 339,924 million USD | +2.7% |
| 2006 | 348,291 million USD | +2.5% |
| 2007 | 358,440 million USD | +2.9% |
| 2008 | 360,168 million USD | +0.5% |
| 2009 | 353,179 million USD | -1.9% |
| 2010 | 355,959 million USD | +0.8% |
| 2011 | 359,895 million USD | +1.1% |
| 2012 | 369,676 million USD | +2.7% |
| 2013 | 373,433 million USD | +1.0% |
| 2014 | 381,082 million USD | +2.0% |
| 2015 | 388,160 million USD | +1.9% |
| 2016 | 392,680 million USD | +1.2% |
| 2017 | 402,355 million USD | +2.5% |
| 2018 | 405,690 million USD | +0.8% |
| 2019 | 410,249 million USD | +1.1% |
| 2020 | 405,006 million USD | -1.3% |
| 2021 | 420,836 million USD | +3.9% |
| 2022 | 433,485 million USD | +3.0% |
| 2023 | 435,564 million USD | +0.5% |
| 2024 | 444,713 million USD | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 129,763 million USD | 103,622 million USD | 157,142 million USD | 10 |
| 1980s | 187,411 million USD | 164,314 million USD | 207,793 million USD | 10 |
| 1990s | 252,024 million USD | 211,808 million USD | 294,909 million USD | 10 |
| 2000s | 334,027 million USD | 304,697 million USD | 360,168 million USD | 10 |
| 2010s | 383,918 million USD | 355,959 million USD | 410,249 million USD | 10 |
| 2020s | 427,921 million USD | 405,006 million USD | 444,713 million USD | 5 |
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)
- GDP (current US$), annual growth rate 5.96 % change on previous year (2025)
- GDP (current US$), per capita 94,594 current US$ per person (2025)
- GDP (current LCU), annual growth rate 2.51 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 10.4 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 983,386 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.886 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 83,813 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Norway?
- Gross domestic product — value us$, 2015 prices in Norway was 444,713 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Norway?
- The highest recorded value was 444,713 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Norway?
- The lowest recorded value was 103,622 million USD in 1970.
- How does Norway rank for gross domestic product — value us$, 2015 prices?
- Norway ranks 31st out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Norway?
- Over the last ten years it is up 16.7%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).