Trade in Norway
Norway: Trade was 79.1% in 2025. ▼ Falling
Trade in Norway, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, trade in Norway stood at 79.1%.
Compared with earlier readings it is down 0.7% on the previous year and up 14.8% over ten years.
Over the whole period, trade in Norway peaked at 80.6% in 1974 and was at its lowest, 63.4%, in 2020.
Norway ranks 104th of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Trade in Norway, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 71.4% | — |
| 1971 | 70.1% | -1.8% |
| 1972 | 67.4% | -3.9% |
| 1973 | 73.5% | +9.2% |
| 1974 | 80.6% | +9.6% |
| 1975 | 76.7% | -4.8% |
| 1976 | 79.2% | +3.2% |
| 1977 | 76.6% | -3.3% |
| 1978 | 71.1% | -7.2% |
| 1979 | 75.3% | +5.9% |
| 1980 | 78.5% | +4.3% |
| 1981 | 77.5% | -1.3% |
| 1982 | 76.4% | -1.4% |
| 1983 | 74.3% | -2.7% |
| 1984 | 74.9% | +0.9% |
| 1985 | 76.0% | +1.4% |
| 1986 | 70.0% | -7.8% |
| 1987 | 65.3% | -6.8% |
| 1988 | 64.7% | -0.9% |
| 1989 | 70.1% | +8.4% |
| 1990 | 71.8% | +2.5% |
| 1991 | 70.2% | -2.3% |
| 1992 | 67.3% | -4.1% |
| 1993 | 67.8% | +0.7% |
| 1994 | 68.2% | +0.7% |
| 1995 | 67.9% | -0.5% |
| 1996 | 70.8% | +4.3% |
| 1997 | 72.9% | +2.8% |
| 1998 | 72.3% | -0.7% |
| 1999 | 70.1% | -3.1% |
| 2000 | 74.8% | +6.7% |
| 2001 | 73.6% | -1.6% |
| 2002 | 67.8% | -7.8% |
| 2003 | 66.5% | -2.0% |
| 2004 | 68.7% | +3.3% |
| 2005 | 70.2% | +2.2% |
| 2006 | 71.2% | +1.3% |
| 2007 | 71.2% | +0.0% |
| 2008 | 73.9% | +3.8% |
| 2009 | 66.4% | -10.1% |
| 2010 | 67.1% | +1.1% |
| 2011 | 68.3% | +1.8% |
| 2012 | 67.3% | -1.5% |
| 2013 | 66.7% | -0.9% |
| 2014 | 67.8% | +1.7% |
| 2015 | 68.8% | +1.6% |
| 2016 | 67.3% | -2.2% |
| 2017 | 67.2% | -0.2% |
| 2018 | 68.2% | +1.5% |
| 2019 | 68.9% | +1.0% |
| 2020 | 63.4% | -8.0% |
| 2021 | 69.1% | +9.1% |
| 2022 | 79.9% | +15.7% |
| 2023 | 77.4% | -3.2% |
| 2024 | 79.6% | +2.8% |
| 2025 | 79.1% | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 74.2% | 67.4% | 80.6% | 10 |
| 1980s | 72.8% | 64.7% | 78.5% | 10 |
| 1990s | 69.9% | 67.3% | 72.9% | 10 |
| 2000s | 70.4% | 66.4% | 74.8% | 10 |
| 2010s | 67.8% | 66.7% | 68.9% | 10 |
| 2020s | 74.7% | 63.4% | 79.9% | 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)
- Services, value added (constant LCU), per capita 452,677 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.41 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.92 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9115 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 86,220 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.47 % change on previous year (2025)
- 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)
Frequently asked questions
- What is trade in Norway?
- Trade in Norway was 79.1% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Norway?
- The highest recorded value was 80.6% in 1974.
- What is the lowest trade recorded in Norway?
- The lowest recorded value was 63.4% in 2020.
- How does Norway rank for trade?
- Norway ranks 104th out of 192 countries with data for 2025.
- Is trade rising or falling in Norway?
- Over the last ten years it is up 14.8%. The long-run trend across the full record is falling.
- 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 Trade (% of GDP). 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
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.