Gross Domestic Product of Norway grew 2.7% in 2005 compared to last year. This rate is 13 -tenths of one percent less than the figure of 4% published in 2004.
The GDP figure in 2005 was €249,343$309,979 million, Norway is number 25 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Norway rose €35,701$44,712 million with respect to 2004.
The GDP per capita of Norway in 2005 was €53,940$66,688, €7,420$9,176 higher than in 2004, it was €46,520$57,512. 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 1995 when the GDP per capita in Norway was €26,670$34,790.
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 4th out of the 195 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.