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Norway Economic Indicators

Latest economic indicators and statistics for Norway.

Indicator Current Value Previous Value Frequency Period
Stock Market 1,565.11 1,576.09 Daily Oct 24, 10:04 AM EDT
Government Bond Yield 4.005% 3.987% Daily Oct 24, 09:56 AM EDT
Currency 9.9992 9.9742 Daily Oct 24, 10:03 AM EDT
GDP $483.73B $482.95B Yearly 2024
GDP Annual Growth Rate 2.1% 0.07% Yearly 2024
GDP Growth Rate (QoQ) 0.8% 0.1% Quarterly Q2 2025
GDP Growth Rate (YoY) -2.1% -0.3% Quarterly Q2 2025
GDP per Capita $79,670.14 $78,775.85 Yearly 2024
GDP per Capita PPP $91,108.24 $90,085.55 Yearly 2024
R&D Expenditure (% GDP) 1.56% 1.89% Yearly 2022
Real GDP $443.94B $434.81B Yearly 2024
Annual Inflation Rate 3.15% 5.52% Yearly 2024
Core Inflation Rate 3% 3.1% Monthly Sep'25
Inflation Rate 3.6% 3.5% Monthly Sep'25
Inflation Rate MoM 0.4% -0.6% Monthly Sep'25
Producer Price Index (PPI) -2.8% -3% Monthly Sep'25
Annual Unemployment Rate 3.97% 3.57% Yearly 2024
Female Labor Force Rate 61.72% 61.76% Yearly 2024
Unemployment Rate 4.8% 4.9% Monthly Sep'25
Annual Exports $168.27B $177.2B Yearly 2024
Annual Imports $101.27B $96.98B Yearly 2024
Balance of Trade NOK 36.9B NOK 59.9B Monthly Sep'25
Exports NOK 131.8B NOK 143.4B Monthly Sep'25
Exports (% GDP) 47.56% 47.91% Yearly 2024
FDI Inflows (% GDP) 0.85% 2.85% Yearly 2024
Imports NOK 94.9B NOK 83.3B Monthly Sep'25
Imports (% GDP) 33.66% 32.45% Yearly 2024
Net Trade (Goods & Services, BoP) $66.74B $74.77B Yearly 2024
Tariff Rate 2.57% 3.49% Yearly 2022
Trade (% GDP) 81.22% 80.36% Yearly 2024
Current Account to GDP Ratio 16.7% 17.4% Yearly Dec'24
Debt to GDP Ratio 55.1% 44.5% Yearly Dec'24
Interest Rate 4% 4.25% Daily Sep 18, 2025
Private Credit (% GDP) 128.83% 127.43% Yearly 2024
Existing House Price Index 358 points 361 points Monthly Sep'25
Housing Starts 1,542 units 1,761 units Monthly Sep'25
Home Sales 11,142 units 10,102 units Monthly Sep'25
Consumer Confidence -3.6 points -9.1 points Quarterly Q3 2025
Retail Sales MoM 0.2% 0.7% Monthly Aug'25
Retail Sales YoY 5% 5.1% Monthly Aug'25
Industry Confidence -0.3 points 0.4 points Quarterly Q3 2025
Manufacturing PMI 49.9 points 49.6 points Monthly Sep'25
Gini Index 26.9 points 29.1 points Yearly 2022
Happiness Index 7.26 points 7.3 points Yearly 2024
Homicide Rate 0.54 0.58 Yearly 2021
Population 5.57M 5.52M Yearly 2024
Poverty Rate 0.3% 0.2% Yearly 2022
Primary Enrollment Rate 98.97% 98.97% Yearly 2022
Agricultural Land (%) 2.7% 2.7% Yearly 2022
Annual CO2 Emissions 38.9M tonnes 40.81M tonnes Yearly 2023
Forest Area (%) 33.48% 33.46% Yearly 2022
Corruption Control 2.11 points 2.07 points Yearly 2023
Political stability index 0.89 points 0.86 points Yearly 2023
Infant Mortality Rate 1.9 1.9 Yearly 2023
Life Expectancy 83.11 82.51 Yearly 2023
Physicians per 1,000 people 5.17 5.09 Yearly 2021
Electricity Access 100% 100% Yearly 2023
Internet Users 99% 99% Yearly 2023
Travel Earnings $2.2B $7.04B Yearly 2020
Visitor Arrivals 1.4M 5.88M Yearly 2020