Gross value added at basic prices (GVA) (current LCU), annual growth in Norway
Norway: Gross value added at basic prices (GVA) (current LCU), annual growth was 2.47 % change on previous year in 2025. ◆ Volatile
Latest (2025)
2.47 % change on previous year
Change on year
up 113.0%
World rank
179th
of 205 countries
All-time high
36.02 % change on previous year
in 2022
All-time low
-11.94 % change on previous year
in 2023
Years of data
55
1971–2025
Gross value added at basic prices (GVA) (current LCU), annual growth in Norway, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (current lcu), annual growth in Norway stood at 2.47 % change on previous year.
Compared with earlier readings it is up 113.0% on the previous year and up 343.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Norway peaked at 36.02 % change on previous year in 2022 and was at its lowest, -11.94 % change on previous year, in 2023.
Norway ranks 179th of 205 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 value added at basic prices (GVA) (current LCU), annual growth in Norway, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.23 % change on previous year | — |
| 1972 | 11.43 % change on previous year | +1.8% |
| 1973 | 13.91 % change on previous year | +21.7% |
| 1974 | 17.26 % change on previous year | +24.1% |
| 1975 | 14.49 % change on previous year | -16.1% |
| 1976 | 14.2 % change on previous year | -2.0% |
| 1977 | 12.46 % change on previous year | -12.2% |
| 1978 | 11.25 % change on previous year | -9.7% |
| 1979 | 10.51 % change on previous year | -6.6% |
| 1980 | 19.14 % change on previous year | +82.1% |
| 1981 | 14.1 % change on previous year | -26.3% |
| 1982 | 11.04 % change on previous year | -21.7% |
| 1983 | 10.87 % change on previous year | -1.6% |
| 1984 | 12.97 % change on previous year | +19.3% |
| 1985 | 9.72 % change on previous year | -25.0% |
| 1986 | 1.25 % change on previous year | -87.2% |
| 1987 | 9.86 % change on previous year | +690.0% |
| 1988 | 5.53 % change on previous year | -44.0% |
| 1989 | 7.96 % change on previous year | +44.0% |
| 1990 | 6.19 % change on previous year | -22.2% |
| 1991 | 4.92 % change on previous year | -20.5% |
| 1992 | 2.43 % change on previous year | -50.7% |
| 1993 | 4.65 % change on previous year | +91.4% |
| 1994 | 4.08 % change on previous year | -12.3% |
| 1995 | 6.76 % change on previous year | +65.8% |
| 1996 | 9.5 % change on previous year | +40.6% |
| 1997 | 8 % change on previous year | -15.8% |
| 1998 | 1.59 % change on previous year | -80.2% |
| 1999 | 9.49 % change on previous year | +498.2% |
| 2000 | 21.38 % change on previous year | +125.4% |
| 2001 | 4.12 % change on previous year | -80.7% |
| 2002 | -0.1683 % change on previous year | -104.1% |
| 2003 | 4.52 % change on previous year | -2783.4% |
| 2004 | 10.63 % change on previous year | +135.4% |
| 2005 | 12.61 % change on previous year | +18.7% |
| 2006 | 11.86 % change on previous year | -6.0% |
| 2007 | 6.06 % change on previous year | -48.9% |
| 2008 | 12.99 % change on previous year | +114.5% |
| 2009 | -7.29 % change on previous year | -156.1% |
| 2010 | 6.73 % change on previous year | -192.3% |
| 2011 | 8.53 % change on previous year | +26.8% |
| 2012 | 6.45 % change on previous year | -24.4% |
| 2013 | 3.84 % change on previous year | -40.5% |
| 2014 | 2.35 % change on previous year | -38.9% |
| 2015 | -1.01 % change on previous year | -143.2% |
| 2016 | -0.9561 % change on previous year | -5.8% |
| 2017 | 7.05 % change on previous year | -837.0% |
| 2018 | 7.9 % change on previous year | +12.1% |
| 2019 | 0.9115 % change on previous year | -88.5% |
| 2020 | -4.18 % change on previous year | -558.7% |
| 2021 | 26.78 % change on previous year | -740.6% |
| 2022 | 36.02 % change on previous year | +34.5% |
| 2023 | -11.94 % change on previous year | -133.2% |
| 2024 | 1.16 % change on previous year | -109.7% |
| 2025 | 2.47 % change on previous year | +113.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.97 % change on previous year | 10.51 % change on previous year | 17.26 % change on previous year | 9 |
| 1980s | 10.24 % change on previous year | 1.25 % change on previous year | 19.14 % change on previous year | 10 |
| 1990s | 5.76 % change on previous year | 1.59 % change on previous year | 9.5 % change on previous year | 10 |
| 2000s | 7.67 % change on previous year | -7.29 % change on previous year | 21.38 % change on previous year | 10 |
| 2010s | 4.18 % change on previous year | -1.01 % change on previous year | 8.53 % change on previous year | 10 |
| 2020s | 8.38 % change on previous year | -11.94 % change on previous year | 36.02 % change on previous year | 6 |
Countries ranked near Norway
- 176 Greenland 2.66 % change on previous year compare
- 177 Tuvalu 2.64 % change on previous year compare
- 178 Puerto Rico 2.6 % change on previous year compare
- 180 Oman 2.38 % change on previous year compare
- 181 Italy 2.33 % change on previous year compare
- 182 Azerbaijan 2.26 % change on previous year 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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 9.48 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 896,328 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.02 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7957 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 75,270 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.02 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 6.74 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 637,992 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Norway?
- Gross value added at basic prices (gva) (current lcu), annual growth in Norway was 2.47 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Norway?
- The highest recorded value was 36.02 % change on previous year in 2022.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Norway?
- The lowest recorded value was -11.94 % change on previous year in 2023.
- How does Norway rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Norway ranks 179th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Norway?
- Over the last ten years it is up 343.0%. 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 value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) 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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.