Gross Domestic Product of Norway grew 2.7% in 1998 compared to last year. This rate is 26 -tenths of one percent less than the figure of 5.3% published in 1997.
The GDP figure in 1998 was €137,455$154,163 million, Norway is number 15 in the ranking of GDP of the 41 countries that we publish. The absolute value of GDP in Norway dropped €4,882$7,194 million with respect to 1997.
The GDP per capita of Norway in 1998 was €31,020$34,717, €1,290$1,844 less than in 1997, when it was €32,310$36,561. 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 1988 when the GDP per capita in Norway was €20,490$24,143.
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 6th out of the 41 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.