GDP Norway 2024

GDP improves in Norway

Gross Domestic Product of Norway grew 2.1% in 2024 compared to last year. This rate is 20 -tenths of one percent higher than the figure of 0.1% published in 2023.

The GDP figure in 2024 was €446,991$483,727 million, Norway is number 33 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Norway rose €457$777 million with respect to 2023.

The GDP per capita of Norway in 2024 was €80,220$86,611, €670$665 less than in 2023, when it was €80,890$87,276. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2014 when the GDP per capita in Norway was €73,670$97,303.

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 7th out of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Norway. You can see GDP in other countries in GDP and see all the economic information about Norway in Norway's economy.

Quarterly GDP at market prices 2024
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2024Q4€111,109M$118,680M-0.6%-0.2%
2024Q3€109,745M$120,538M-1.6%3.2%
2024Q2€114,250M$123,015M1.8%4.1%
2024Q1€112,267M$121,898M0.3%1.3%
< GDP Norway 2023
Quaterly GDP Per Capita 2024
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2024Q420,019K1.2%1.3%$21,3830.6%-1.5%
2024Q319,773K-3.9%-0.2%$21,7180.7%-2.0%
2024Q220,585K1.8%4.1%$22,1642.9%0.9%
2024Q120,228K2.3%-7.4%$21,963-6.3%3.3%
< GDP Norway 2023
Evolution: Annual GDP Norway
DateAnnual GDPAnnual GDPGDP Growth (%)
2024€446,991M$483,727M2.1%
2023€446,534M$482,950M0.1%
2022€567,468M$596,298M3.2%
2021€425,446M$503,368M3.9%
2020€322,824M$367,633M-1.3%
2019€365,131M$408,743M1.1%
2018€372,658M$439,789M0.8%
2017€356,289M$401,745M2.5%
2016€335,397M$370,957M1.2%
2015€349,757M$388,160M1.9%
2014€378,456M$501,736M2.0%
2013€395,857M$526,014M1.0%
2012€399,069M$512,777M2.7%
2011€360,552M$501,361M1.1%
2010€325,494M$431,052M0.8%
2009€279,533M$387,974M-1.9%
2008€318,851M$464,918M0.5%
2007€294,415M$402,646M2.9%
2006€276,478M$346,913M2.5%
2005€249,343M$309,979M2.7%
2004€213,642M$265,267M4.0%
2003€202,928M$229,385M0.9%
2002€208,314M$195,915M1.4%
2001€194,661M$174,240M2.1%
2000€186,016M$171,456M3.3%
1999€152,395M$162,384M2.1%
1998€137,455M$154,230M2.7%
1997€142,337M$161,357M5.3%
1996€128,672M$163,520M5.0%
1995€116,241M$152,031M4.2%
1994€107,144M$127,132M5.1%
1993€102,943M$120,579M2.8%
1992€101,108M$130,838M3.6%
1991€98,552M$121,872M3.1%
1990€94,340M$119,791M1.9%
1989€93,195M$102,634M1.0%
1988€86,239M$101,901M-0.3%
1987€81,761M$94,231M1.8%
1986€79,960M$78,693M4.0%
1985€86,377M$65,417M5.6%
1984€78,929M$62,058M6.1%
1983€69,273M$61,628M4.0%
1982€64,047M$62,647M0.2%
1981€57,149M$63,597M1.6%
1980€46,359M$64,439M4.6%
1979€38,787M$53,133M4.4%
1978€36,556M$46,523M3.9%
1977€36,369M$41,508M4.2%
1976€32,162M$35,942M5.8%
1975€26,553M$32,878M5.0%
1974€22,751M$27,146M3.8%
1973$22,534M4.5%
1972$17,358M5.3%
1971$14,583M5.6%
1970$12,814M2.0%
1969$11,136M4.5%
1968$10,227M2.3%
1967$9,577M6.3%
1966$8,754M3.8%
1965$8,112M5.3%
1964$7,207M5.0%
1963$6,553M3.8%
1962$6,107M2.8%
1961$5,670M6.3%
1960$5,197M
Evolution: GDP per capita Norway
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2024€80,220$86,611-0.8%-0.8%
2023€80,890$87,276-22.2%-19.9%
2022€103,990$108,90832.2%17.2%
2021€78,670$92,95531.1%36.2%
2020€60,020$68,275-12.1%-10.5%
2019€68,270$76,304-2.7%-7.6%
2018€70,150$82,6063.9%8.8%
2017€67,520$75,9405.4%7.5%
2016€64,060$70,629-4.9%-5.3%
2015€67,390$74,568-8.5%-23.4%
2014€73,670$97,303-5.5%-5.7%
2013€77,920$103,215-2.0%1.4%
2012€79,510$101,7799.2%1.0%
2011€72,790$100,8169.3%14.8%
2010€66,580$87,82415.0%9.6%
2009€57,890$80,116-13.4%-17.5%
2008€66,870$97,1207.0%13.9%
2007€62,520$85,2775.4%14.8%
2006€59,320$74,25610.0%11.0%
2005€53,940$66,92416.0%16.0%
2004€46,520$57,6774.7%15.0%
2003€44,450$50,162-3.2%16.4%
2002€45,900$43,0846.5%11.8%
2001€43,120$38,5544.1%1.2%
2000€41,420$38,09521.3%4.9%
1999€34,150$36,30110.1%4.5%
1998€31,020$34,732-4.0%-5.0%
1997€32,310$36,56110.0%-1.8%
1996€29,370$37,22510.1%7.0%
1995€26,670$34,7908.0%19.0%
1994€24,700$29,2363.5%4.9%
1993€23,870$27,8811.2%-8.4%
1992€23,590$30,4332.0%6.7%
1991€23,120$28,5144.0%1.2%
1990€22,240$28,1870.9%16.3%
1989€22,050$24,2467.6%0.4%
1988€20,490$24,1434.9%7.6%
1987€19,530$22,4451.8%19.1%
1986€19,190$18,853-7.7%19.9%
1985€20,800$15,7289.1%5.1%
1984€19,060$14,96913.6%0.4%
1983€16,780$14,9067.8%-1.9%
1982€15,560$15,19611.6%-1.9%
1981€13,940$15,48522.8%-1.7%
1980€11,350$15,74619.2%20.9%
1979€9,520$13,0265.7%13.9%
1978€9,010$11,4420.1%11.7%
1977€9,000$10,24612.6%15.0%
1976€7,990$8,90720.5%8.8%
1975€6,630$8,18416.3%20.5%
1974€5,700$6,79119.7%
1973$5,67229.0%
1972$4,39718.1%
1971$3,72213.0%
1970$3,29614.3%
1969$2,8838.0%
1968$2,6695.9%
1967$2,5208.5%
1966$2,3237.0%
1965$2,17011.7%
1964$1,9439.1%
1963$1,7816.5%
1962$1,6726.9%
1961$1,5648.2%
1960$1,446
Evolution: GDP growth rate at constant prices Norway
Evolution: GDP per capita Norway
GDP Norway