Gross Domestic Product of Norway grew 3.9% in 2021 compared to last year. This rate is 52 -tenths of one percent higher than the figure of -1.3% published in 2020.
The GDP figure in 2021 was €425,446$482,175 million, Norway is number 28 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Norway rose €102,622$119,977 million with respect to 2020.
The GDP per capita of Norway in 2021 was €78,670$89,042, €18,650$21,776 higher than in 2020, it was €60,020$67,266. 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 2011 when the GDP per capita in Norway was €72,790$100,197.
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 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.