GDP growth in Norway
In 2025, GDP growth in Norway was 1.1 %, down from 1.4 % in 2024. This gives Norway the 161st-highest globally (out of 194 economies with available data).
GDP growth
Annual growth (%), adjusted for inflation
Norway
How Norway compares
About this indicator
Gross Domestic Product (GDP) measures the total value of all final goods and services produced within a country in a given year. It is a broad indicator of the size of an economy and its overall level of economic activity. It captures the outcome of economic activity by households, businesses and the government.
Annual GDP growth measures the growth of GDP over one year, expressed as a percentage change. It reflects the extent to which an economy has expanded or contracted over the year.
The real growth rates are calculated using GDP measured in constant prices, meaning that they are adjusted for inflation.
Annual GDP growth measures the growth of GDP over one year, expressed as a percentage change. It reflects the extent to which an economy has expanded or contracted over the year.
The real growth rates are calculated using GDP measured in constant prices, meaning that they are adjusted for inflation.
Sources and updates
Data sources
The data for this indicator are drawn from:
1. The OECD Economic Outlook.
2. The IMF World Economic Outlook.
OECD data take precedence over IMF data when both are available for a given country.
1. The OECD Economic Outlook.
2. The IMF World Economic Outlook.
OECD data take precedence over IMF data when both are available for a given country.
Last update
This indicator was last updated on Econorama on 18 June 2026 and reflects the latest data available from the underlying sources at that time.
More on Norway
Economic activity
Gross Domestic Product (GDP)
Millions, constant international dollars
Rank49th of 194
GDP growth forecast for the current year
Full-year forecast for 2026, adjusted for inflation
Rank153rd of 190
GDP growth forecast for next year
Full-year forecast for 2027, adjusted for inflation
Rank174th of 189
Cumulative growth of GDP
Total growth (%) since 2010, adjusted for inflation
Rank141st of 190
Labor productivity
GDP per hour worked (constant international dollars)
Rank3rd of 40
Investment (% of GDP)
Gross fixed capital formation as a percentage of GDP
Rank69th of 170
Investment growth
Gross fixed capital formation, annual growth (%), adjusted for inflation
Rank112th of 159
Population & Demographics
Health
Public Finance
Government debt (% of GDP)
Gross debt of the general government
Rank118th of 190
Public debt per capita
Gross debt of the general government, in current international dollars
Rank16th of 191
Government budget balance (% of GDP)
Positive values indicate a surplus; negative values indicate a deficit
Rank3rd of 194