Gross Domestic Product of Norway fell 0.5 in the third quarter of 2016 compared to the previous quarter. This rate is 5-tenths of one percent less than in the previous quarter, when there was no change.
The year-on-year change in GDP was -1.0%, 23-tenths of one percent less than the 1.3% recorded in the second quarter of 2016.
The GDP figure in the third quarter of 2016 was €83,296$74,598 million, Norway is number 23 in the ranking of quarterly GDP of the 48 countries that we publish.
Norway has a quarterly GDP per capita, of €16,003$16,003, less than the same period last year, when it was €16,707 $16,707 .
If we order the countries according to their GDP per capita, Norway is very well positioned in terms of the standard of living of its population, coming 3 th out of the 48 countries whose quarterly GDP we publish.