Gross value added at basic prices (GVA) in Norway
Norway: Gross value added at basic prices (GVA) was 3.58 trillion constant LCU in 2025. ▲ Rising
Latest (2025)
3.58 trillion constant LCU
Change on year
up 1.0%
World rank
60th
of 198 countries
All-time high
3.58 trillion constant LCU
in 2025
All-time low
783.40 billion constant LCU
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 Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Norway stood at 3.58 trillion constant LCU. That is the highest value across all 56 years on record.
That represents a change of 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 3.58 trillion constant LCU in 2025 and was at its lowest, 783.40 billion constant LCU, in 1970.
That places Norway 60th out of 198 countries with data for 2025, putting it in the middle of the range.
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 LCU | Change |
|---|---|---|
| 1970 | 783.40 billion constant LCU | — |
| 1971 | 818.87 billion constant LCU | +4.5% |
| 1972 | 858.10 billion constant LCU | +4.8% |
| 1973 | 886.99 billion constant LCU | +3.4% |
| 1974 | 936.67 billion constant LCU | +5.6% |
| 1975 | 988.90 billion constant LCU | +5.6% |
| 1976 | 1.05 trillion constant LCU | +6.5% |
| 1977 | 1.09 trillion constant LCU | +3.5% |
| 1978 | 1.14 trillion constant LCU | +4.5% |
| 1979 | 1.19 trillion constant LCU | +4.1% |
| 1980 | 1.25 trillion constant LCU | +5.3% |
| 1981 | 1.27 trillion constant LCU | +1.3% |
| 1982 | 1.27 trillion constant LCU | +0.5% |
| 1983 | 1.32 trillion constant LCU | +3.8% |
| 1984 | 1.41 trillion constant LCU | +6.9% |
| 1985 | 1.48 trillion constant LCU | +4.8% |
| 1986 | 1.53 trillion constant LCU | +3.5% |
| 1987 | 1.57 trillion constant LCU | +2.7% |
| 1988 | 1.59 trillion constant LCU | +0.9% |
| 1989 | 1.62 trillion constant LCU | +2.1% |
| 1990 | 1.65 trillion constant LCU | +1.9% |
| 1991 | 1.70 trillion constant LCU | +3.1% |
| 1992 | 1.76 trillion constant LCU | +3.6% |
| 1993 | 1.81 trillion constant LCU | +2.6% |
| 1994 | 1.90 trillion constant LCU | +5.3% |
| 1995 | 1.98 trillion constant LCU | +3.9% |
| 1996 | 2.07 trillion constant LCU | +4.6% |
| 1997 | 2.17 trillion constant LCU | +5.0% |
| 1998 | 2.22 trillion constant LCU | +2.4% |
| 1999 | 2.27 trillion constant LCU | +2.1% |
| 2000 | 2.35 trillion constant LCU | +3.5% |
| 2001 | 2.40 trillion constant LCU | +2.0% |
| 2002 | 2.42 trillion constant LCU | +1.1% |
| 2003 | 2.45 trillion constant LCU | +1.0% |
| 2004 | 2.55 trillion constant LCU | +4.1% |
| 2005 | 2.62 trillion constant LCU | +2.8% |
| 2006 | 2.69 trillion constant LCU | +2.4% |
| 2007 | 2.77 trillion constant LCU | +3.0% |
| 2008 | 2.80 trillion constant LCU | +1.1% |
| 2009 | 2.75 trillion constant LCU | -1.7% |
| 2010 | 2.77 trillion constant LCU | +0.8% |
| 2011 | 2.80 trillion constant LCU | +1.2% |
| 2012 | 2.88 trillion constant LCU | +2.8% |
| 2013 | 2.91 trillion constant LCU | +1.2% |
| 2014 | 2.98 trillion constant LCU | +2.1% |
| 2015 | 3.04 trillion constant LCU | +2.0% |
| 2016 | 3.07 trillion constant LCU | +1.2% |
| 2017 | 3.15 trillion constant LCU | +2.6% |
| 2018 | 3.19 trillion constant LCU | +1.1% |
| 2019 | 3.24 trillion constant LCU | +1.6% |
| 2020 | 3.20 trillion constant LCU | -1.3% |
| 2021 | 3.33 trillion constant LCU | +4.1% |
| 2022 | 3.48 trillion constant LCU | +4.5% |
| 2023 | 3.49 trillion constant LCU | +0.4% |
| 2024 | 3.54 trillion constant LCU | +1.6% |
| 2025 | 3.58 trillion constant LCU | +1.0% |
Norway compared with similar countries
- Norway's 3.58 trillion constant LCU is above the median for high income countries, which is 270.55 billion constant LCU, 13.2× the median. (70 countries reporting)
- Norway's 3.58 trillion constant LCU is above the median for Europe & Central Asia, which is 405.98 billion constant LCU, 8.8× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 974.16 billion constant LCU | 783.40 billion constant LCU | 1.19 trillion constant LCU | 10 |
| 1980s | 1.43 trillion constant LCU | 1.25 trillion constant LCU | 1.62 trillion constant LCU | 10 |
| 1990s | 1.95 trillion constant LCU | 1.65 trillion constant LCU | 2.27 trillion constant LCU | 10 |
| 2000s | 2.58 trillion constant LCU | 2.35 trillion constant LCU | 2.80 trillion constant LCU | 10 |
| 2010s | 3.00 trillion constant LCU | 2.77 trillion constant LCU | 3.24 trillion constant LCU | 10 |
| 2020s | 3.43 trillion constant LCU | 3.20 trillion constant LCU | 3.58 trillion constant LCU | 6 |
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 value added at basic prices (gva) in Norway?
- Gross value added at basic prices (gva) in Norway was 3.58 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Norway?
- The highest recorded value was 3.58 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Norway?
- The lowest recorded value was 783.40 billion constant LCU in 1970.
- How does Norway rank for gross value added at basic prices (gva)?
- Norway ranks 60th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.