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Norway Imports (% GDP)

Norway's imports (% GDP) rose to 33.66% in 2024, up from 32.45% in 2023, according to World Bank. This represents an increase of 1.21% from the previous year. Norway has imports (% GDP) lower than the global median (33.66% vs median 45.74%). Compared with the median in Europe, Norway is lower (33.66% vs regional median 57.20%) and ranks 39th out of 44 countries in Europe.

Norway's exports (% GDP) fell to 47.56% in 2024, down from 47.91% in 2023.

Yearly Historical Data (1970-2024)

(in %)
Year Imports (% GDP)
2024 33.66%
2023 32.45%
2022 27.11%
2021 28.19%
2020 33.14%
2019 34.25%
2018 31.78%
2017 32.38%
2016 33.18%
2015 31.86%
2014 29.41%
2013 28.11%
2012 27.21%
2011 27.94%
2010 28.09%
2009 27.65%
2008 28.57%
2007 28.98%
2006 27.12%
2005 27.03%
2004 27.56%
2003 26.65%
2002 27.05%
2001 28.17%
2000 28.7%
1999 31.12%
1998 34.87%
1997 32.12%
1996 30.77%
1995 30.68%
1994 30.89%
1993 30.56%
1992 30.12%
1991 31%
1990 32.66%
1989 33.21%
1988 32.56%
1987 33.65%
1986 36.66%
1985 34.32%
1984 33.04%
1983 33.17%
1982 35.58%
1981 35.07%
1980 36.16%
1979 36.39%
1978 35.29%
1977 42.65%
1976 43.56%
1975 41.03%
1974 41.4%
1973 36.73%
1972 33.1%
1971 36.12%
1970 35.79%
Norway Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Norway compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $168.27B $177.2B 2024
Annual Imports $101.27B $96.98B 2024
Balance of Trade NOK 36.9B NOK 59.9B Sep'25
Exports NOK 131.8B NOK 143.4B Sep'25
Exports (% GDP) 47.56% 47.91% 2024
FDI Inflows (% GDP) 0.85% 2.85% 2024
Imports NOK 94.9B NOK 83.3B Sep'25
Net Trade (Goods & Services, BoP) $66.74B $74.77B 2024
Tariff Rate 2.57% 3.49% 2022
Trade (% GDP) 81.22% 80.36% 2024