Value of imported goods as a share of GDP in Norway
Norway: Value of imported goods as a share of GDP was 19.7% in 2024. ▼ Falling
Value of imported goods as a share of GDP in Norway, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imported goods as a share of gdp in Norway is 19.7%, measured in 2024.
That represents a change of up 2.2% on the previous year and up 15.9% over ten years.
Over the whole period, value of imported goods as a share of gdp in Norway peaked at 25.8% in 1974 and was at its lowest, 16.3%, in 2013.
Norway ranks 156th of 201 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Value of imported goods as a share of GDP in Norway, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 21.7% | — |
| 1961 | 22.0% | +1.4% |
| 1962 | 21.5% | -2.4% |
| 1963 | 22.4% | +4.3% |
| 1964 | 22.5% | +0.5% |
| 1965 | 22.3% | -1.0% |
| 1966 | 22.5% | +1.0% |
| 1967 | 24.3% | +7.8% |
| 1968 | 22.3% | -8.2% |
| 1969 | 21.9% | -1.7% |
| 1970 | 24.1% | +10.1% |
| 1971 | 23.4% | -2.8% |
| 1972 | 21.0% | -10.3% |
| 1973 | 23.1% | +10.2% |
| 1974 | 25.8% | +11.2% |
| 1975 | 24.2% | -6.0% |
| 1976 | 25.4% | +5.1% |
| 1977 | 25.7% | +1.2% |
| 1978 | 20.5% | -20.2% |
| 1979 | 21.4% | +4.3% |
| 1980 | 21.8% | +1.8% |
| 1981 | 20.3% | -6.7% |
| 1982 | 20.3% | -0.0% |
| 1983 | 18.1% | -10.8% |
| 1984 | 18.6% | +2.5% |
| 1985 | 19.3% | +4.1% |
| 1986 | 20.7% | +7.2% |
| 1987 | 19.6% | -5.3% |
| 1988 | 18.9% | -3.8% |
| 1989 | 19.3% | +2.5% |
| 1990 | 21.9% | +13.0% |
| 1991 | 19.6% | -10.4% |
| 1992 | 19.1% | -2.7% |
| 1993 | 18.4% | -3.3% |
| 1994 | 20.9% | +13.1% |
| 1995 | 20.9% | +0.2% |
| 1996 | 20.4% | -2.6% |
| 1997 | 22.1% | +8.7% |
| 1998 | 23.3% | +5.2% |
| 1999 | 20.7% | -11.2% |
| 2000 | 18.6% | -10.1% |
| 2001 | 18.4% | -1.2% |
| 2002 | 17.5% | -4.7% |
| 2003 | 17.5% | -0.0% |
| 2004 | 18.2% | +4.3% |
| 2005 | 17.8% | -2.3% |
| 2006 | 18.4% | +3.1% |
| 2007 | 19.7% | +7.2% |
| 2008 | 19.1% | -2.8% |
| 2009 | 17.3% | -9.8% |
| 2010 | 17.6% | +1.8% |
| 2011 | 17.7% | +0.8% |
| 2012 | 16.6% | -6.0% |
| 2013 | 16.3% | -1.9% |
| 2014 | 17.0% | +4.1% |
| 2015 | 18.2% | +7.3% |
| 2016 | 18.5% | +1.4% |
| 2017 | 18.9% | +2.2% |
| 2018 | 19.6% | +3.8% |
| 2019 | 20.2% | +3.3% |
| 2020 | 20.1% | -0.8% |
| 2021 | 19.0% | -5.3% |
| 2022 | 17.3% | -8.9% |
| 2023 | 19.3% | +11.2% |
| 2024 | 19.7% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.3% | 21.5% | 24.3% | 10 |
| 1970s | 23.5% | 20.5% | 25.8% | 10 |
| 1980s | 19.7% | 18.1% | 21.8% | 10 |
| 1990s | 20.7% | 18.4% | 23.3% | 10 |
| 2000s | 18.2% | 17.3% | 19.7% | 10 |
| 2010s | 18.1% | 16.3% | 20.2% | 10 |
| 2020s | 19.1% | 17.3% | 20.1% | 5 |
Countries ranked near Norway
- 153 New Caledonia 20.4% compare
- 154 Guam 20.1% compare
- 155 United Kingdom of Great Britain and Northern Ireland 19.8% compare
- 157 Benin 19.7% compare
- 158 Afghanistan 19.5% compare
- 159 India 19.1% 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)
- Households and NPISHs Final consumption expenditure (current LCU) 6.07 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 4.42 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 418,186 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.71 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4207 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 39,799 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 9.22 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6509 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Norway?
- Value of imported goods as a share of gdp in Norway was 19.7% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Norway?
- The highest recorded value was 25.8% in 1974.
- What is the lowest value of imported goods as a share of gdp recorded in Norway?
- The lowest recorded value was 16.3% in 2013.
- How does Norway rank for value of imported goods as a share of gdp?
- Norway ranks 156th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Norway?
- Over the last ten years it is up 15.9%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).