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

Latest (2024)
19.7%
Change on year
up 2.2%
World rank
156th
of 201 countries
All-time high
25.8%
in 1974
All-time low
16.3%
in 2013
Years of data
65
1960–2024

Value of imported goods as a share of GDP in Norway, 1960–2024

0102030196019922024

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

Annual values for Value of imported goods as a share of GDP in Norway, 1960 to 2024.
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

DecadeAverage LowestHighest 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

  1. 153 New Caledonia 20.4% compare
  2. 154 Guam 20.1% compare
  3. 155 United Kingdom of Great Britain and Northern Ireland 19.8% compare
  4. 157 Benin 19.7% compare
  5. 158 Afghanistan 19.5% compare
  6. 159 India 19.1% compare

See the full ranking of 201 places →

More economy & growth data for Norway

All data for Norway →

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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Value of imported goods as a share of GDP in Norway. Statizoid, drawing on 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. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/merchandise-imports-as-a-share-of-countrys-gdp/norway/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
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
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).