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GDP Norway second quarter of 2020

Norway records a drop in GDP in second quarter

Gross Domestic Product of Norway fell 5.1 in the second quarter of 2020 compared to the previous quarter. This rate is 34 -tenths of one percent less than in the previous quarter, when changed -1.7%.

The year-on-year change in GDP was -5.3%, 53 -tenths of one percent less than the 0% recorded in the first quarter of 2020.

The GDP figure in the second quarter of 2020 was €73,287$66,540 million, Norway is number 27 in the ranking of quarterly GDP of the 50 countries that we publish.

Norway has a quarterly GDP per capita, of €13,654$13,654, less than the same period last year, when it was €17,094 $17,094 .

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 4 th out of the 50 countries whose quarterly 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 2020
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2020Q273,287M.€66,540M.$-5.1%-5.3%
2020Q184,415M.€76,629M.$-1.7%0.0%
< GDP Norway 2019
Quaterly GDP Per Capita 2020
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2020Q213,654€-13.2%-20.1%12,397$-18.5%-13.2%
2020Q115,727€-5.5%-8.4%14,276$-5.9%-4.2%
< GDP Norway 2019
Evolution: Annual GDP Norway
DateAnnual GDPAnnual GDPGDP Growth (%)
2019360,301M.€402,023M.$1.2%
2018367,894M.€434,167M.$1.3%
2017353,316M.€398,394M.$2.3%
2016333,471M.€368,827M.$1.1%
2015347,632M.€385,802M.$2.0%
2014375,947M.€498,410M.$2.0%
2013393,409M.€522,762M.$1.0%
2012396,524M.€509,506M.$2.7%
2011358,340M.€498,283M.$1.0%
2010323,761M.€428,757M.$0.7%
2009278,247M.€386,188M.$-1.7%
2008317,022M.€462,250M.$0.5%
2007293,167M.€400,939M.$3.0%
2006275,415M.€345,580M.$2.4%
2005248,463M.€308,884M.$2.6%
2004213,033M.€264,510M.$4.0%
2003202,462M.€228,858M.$0.9%
2002207,898M.€195,525M.$1.4%
2001194,362M.€173,973M.$2.1%
2000185,788M.€171,246M.$3.2%
1999152,302M.€162,285M.$2.0%
1998137,396M.€154,163M.$2.6%
1997142,337M.€161,357M.$5.3%
1996128,672M.€163,520M.$5.0%
1995116,241M.€152,031M.$4.2%
1994107,144M.€127,132M.$5.1%
1993102,942M.€120,578M.$2.8%
1992101,108M.€130,838M.$3.6%
199198,552M.€121,872M.$3.1%
199094,340M.€119,791M.$1.9%
198993,195M.€102,634M.$1.0%
198886,239M.€101,901M.$-0.3%
198781,761M.€94,231M.$1.8%
198679,961M.€78,693M.$4.0%
198586,377M.€65,417M.$5.6%
198478,929M.€62,058M.$6.1%
198369,273M.€61,628M.$4.0%
198264,047M.€62,647M.$0.2%
198157,149M.€63,597M.$1.6%
198046,359M.€64,439M.$4.6%
197938,787M.€53,132M.$4.4%
197836,556M.€46,523M.$3.9%
197736,369M.€41,508M.$4.2%
197632,162M.€35,942M.$5.8%
197526,553M.€32,878M.$5.0%
197422,751M.€27,146M.$3.8%
197322,534M.$4.5%
197217,359M.$5.3%
197114,583M.$5.6%
197012,814M.$2.0%
196911,063M.$4.5%
196810,160M.$2.3%
19679,515M.$6.3%
19668,697M.$3.8%
19658,059M.$5.3%
19647,159M.$5.0%
19636,510M.$3.8%
19626,067M.$2.8%
19615,633M.$6.3%
19605,163M.$
Evolution: GDP per capita Norway
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
201967,370€74,898$-2.7%-8.1%
201869,260€81,485$3.5%8.2%
201766,950€75,307$5.1%7.2%
201663,690€70,224$-4.9%-5.3%
201566,980€74,115$-8.5%-23.3%
201473,180€96,658$-5.5%-5.8%
201377,440€102,577$-2.0%1.4%
201279,000€101,130$9.2%0.9%
201172,350€100,197$9.3%14.7%
201066,220€87,356$14.9%9.5%
200957,620€79,747$-13.3%-17.4%
200866,490€96,563$6.8%13.7%
200762,260€84,916$5.4%14.8%
200659,090€73,970$10.0%10.9%
200553,740€66,688$15.8%16.0%
200446,390€57,512$4.6%14.9%
200344,350€50,046$-3.2%16.4%
200245,810€42,998$6.4%11.7%
200143,060€38,495$4.1%1.2%
200041,370€38,048$21.2%4.9%
199934,130€36,278$10.1%4.5%
199831,010€34,717$-4.0%-5.0%
199732,310€36,561$10.0%-1.8%
199629,370€37,225$10.1%7.0%
199526,670€34,790$8.0%19.0%
199424,700€29,236$3.5%4.9%
199323,870€27,881$1.2%-8.4%
199223,590€30,433$2.0%6.7%
199123,120€28,514$4.0%1.2%
199022,240€28,187$0.9%16.3%
198922,050€24,245$7.6%0.4%
198820,490€24,143$4.9%7.6%
198719,530€22,445$1.8%19.1%
198619,190€18,853$-7.7%19.9%
198520,800€15,728$9.1%5.1%
198419,060€14,969$13.6%0.4%
198316,780€14,906$7.8%-1.9%
198215,560€15,196$11.6%-1.9%
198113,940€15,485$22.8%-1.7%
198011,350€15,746$19.2%20.9%
19799,520€13,026$5.7%13.9%
19789,010€11,442$0.1%11.7%
19779,000€10,246$12.6%15.0%
19767,990€8,907$20.5%8.8%
19756,630€8,184$16.3%20.5%
19745,700€6,791$19.7%
19735,672$29.0%
19724,397$18.1%
19713,722$13.0%
19703,296$15.1%
19692,864$8.0%
19682,651$5.9%
19672,503$8.5%
19662,308$7.0%
19652,156$11.7%
19641,930$9.1%
19631,769$6.5%
19621,661$6.9%
19611,554$8.2%
19601,436$
Evolution: GDP growth rate at constant prices Norway
Evolution: GDP per capita Norway
GDP Norway