Gross value added at basic prices (GVA) in Norway
Norway: Gross value added at basic prices (GVA) was 422.33 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
422.33 billion constant 2015 US$
Change on year
up 1.0%
World rank
31st
of 194 countries
All-time high
422.33 billion constant 2015 US$
in 2025
All-time low
92.43 billion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross value added at basic prices (GVA) in Norway, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Norway recorded 422.33 billion constant 2015 US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 56 years on record.
The figure is up 1.0% on the previous year and up 17.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Norway peaked at 422.33 billion constant 2015 US$ in 2025 and was at its lowest, 92.43 billion constant 2015 US$, in 1970.
Norway ranks 31st of 194 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Gross value added at basic prices (GVA) in Norway, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 92.43 billion constant 2015 US$ | — |
| 1971 | 96.61 billion constant 2015 US$ | +4.5% |
| 1972 | 101.24 billion constant 2015 US$ | +4.8% |
| 1973 | 104.65 billion constant 2015 US$ | +3.4% |
| 1974 | 110.51 billion constant 2015 US$ | +5.6% |
| 1975 | 116.67 billion constant 2015 US$ | +5.6% |
| 1976 | 124.25 billion constant 2015 US$ | +6.5% |
| 1977 | 128.62 billion constant 2015 US$ | +3.5% |
| 1978 | 134.40 billion constant 2015 US$ | +4.5% |
| 1979 | 139.94 billion constant 2015 US$ | +4.1% |
| 1980 | 147.33 billion constant 2015 US$ | +5.3% |
| 1981 | 149.26 billion constant 2015 US$ | +1.3% |
| 1982 | 149.97 billion constant 2015 US$ | +0.5% |
| 1983 | 155.75 billion constant 2015 US$ | +3.9% |
| 1984 | 166.51 billion constant 2015 US$ | +6.9% |
| 1985 | 174.53 billion constant 2015 US$ | +4.8% |
| 1986 | 180.58 billion constant 2015 US$ | +3.5% |
| 1987 | 185.47 billion constant 2015 US$ | +2.7% |
| 1988 | 187.08 billion constant 2015 US$ | +0.9% |
| 1989 | 190.92 billion constant 2015 US$ | +2.1% |
| 1990 | 194.51 billion constant 2015 US$ | +1.9% |
| 1991 | 200.56 billion constant 2015 US$ | +3.1% |
| 1992 | 207.81 billion constant 2015 US$ | +3.6% |
| 1993 | 213.29 billion constant 2015 US$ | +2.6% |
| 1994 | 224.55 billion constant 2015 US$ | +5.3% |
| 1995 | 233.28 billion constant 2015 US$ | +3.9% |
| 1996 | 243.90 billion constant 2015 US$ | +4.6% |
| 1997 | 256.13 billion constant 2015 US$ | +5.0% |
| 1998 | 262.29 billion constant 2015 US$ | +2.4% |
| 1999 | 267.92 billion constant 2015 US$ | +2.1% |
| 2000 | 277.37 billion constant 2015 US$ | +3.5% |
| 2001 | 282.79 billion constant 2015 US$ | +2.0% |
| 2002 | 286.02 billion constant 2015 US$ | +1.1% |
| 2003 | 289.01 billion constant 2015 US$ | +1.0% |
| 2004 | 300.97 billion constant 2015 US$ | +4.1% |
| 2005 | 309.55 billion constant 2015 US$ | +2.8% |
| 2006 | 317.10 billion constant 2015 US$ | +2.4% |
| 2007 | 326.58 billion constant 2015 US$ | +3.0% |
| 2008 | 330.11 billion constant 2015 US$ | +1.1% |
| 2009 | 324.36 billion constant 2015 US$ | -1.7% |
| 2010 | 326.82 billion constant 2015 US$ | +0.8% |
| 2011 | 330.60 billion constant 2015 US$ | +1.2% |
| 2012 | 339.70 billion constant 2015 US$ | +2.8% |
| 2013 | 343.89 billion constant 2015 US$ | +1.2% |
| 2014 | 351.13 billion constant 2015 US$ | +2.1% |
| 2015 | 358.22 billion constant 2015 US$ | +2.0% |
| 2016 | 362.46 billion constant 2015 US$ | +1.2% |
| 2017 | 372.05 billion constant 2015 US$ | +2.6% |
| 2018 | 376.00 billion constant 2015 US$ | +1.1% |
| 2019 | 382.08 billion constant 2015 US$ | +1.6% |
| 2020 | 376.98 billion constant 2015 US$ | -1.3% |
| 2021 | 392.39 billion constant 2015 US$ | +4.1% |
| 2022 | 410.03 billion constant 2015 US$ | +4.5% |
| 2023 | 411.53 billion constant 2015 US$ | +0.4% |
| 2024 | 418.06 billion constant 2015 US$ | +1.6% |
| 2025 | 422.33 billion constant 2015 US$ | +1.0% |
Norway compared with similar countries
- Norway's 422.33 billion constant 2015 US$ is above the median for high income countries, which is 96.66 billion constant 2015 US$, 4.4× the median. (69 countries reporting)
- Norway's 422.33 billion constant 2015 US$ is above the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 5.9× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 114.93 billion constant 2015 US$ | 92.43 billion constant 2015 US$ | 139.94 billion constant 2015 US$ | 10 |
| 1980s | 168.74 billion constant 2015 US$ | 147.33 billion constant 2015 US$ | 190.92 billion constant 2015 US$ | 10 |
| 1990s | 230.43 billion constant 2015 US$ | 194.51 billion constant 2015 US$ | 267.92 billion constant 2015 US$ | 10 |
| 2000s | 304.39 billion constant 2015 US$ | 277.37 billion constant 2015 US$ | 330.11 billion constant 2015 US$ | 10 |
| 2010s | 354.29 billion constant 2015 US$ | 326.82 billion constant 2015 US$ | 382.08 billion constant 2015 US$ | 10 |
| 2020s | 405.22 billion constant 2015 US$ | 376.98 billion constant 2015 US$ | 422.33 billion constant 2015 US$ | 6 |
Countries ranked near Norway
- 28 Philippines 474.84 billion constant 2015 US$ compare
- 29 United Arab Emirates 457.09 billion constant 2015 US$ compare
- 30 Malaysia 438.62 billion constant 2015 US$ compare
- 32 Singapore 409.51 billion constant 2015 US$ compare
- 33 Vietnam 403.05 billion constant 2015 US$ compare
- 34 Pakistan 400.78 billion constant 2015 US$ 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$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Norway?
- Gross value added at basic prices (gva) in Norway was 422.33 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Norway?
- The highest recorded value was 422.33 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Norway?
- The lowest recorded value was 92.43 billion constant 2015 US$ in 1970.
- How does Norway rank for gross value added at basic prices (gva)?
- Norway ranks 31st out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Norway?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.