GDP (current LCU) (UNESCO Institute) in Norway
Norway: GDP (current LCU) (UNESCO Institute) was 5.20 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
5.20 trillion current LCU
Change on year
up 1.9%
World rank
70th
of 211 countries
All-time high
5.73 trillion current LCU
in 2022
All-time low
91.53 billion current LCU
in 1970
Years of data
55
1970–2024
GDP in Norway, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
Norway recorded 5.20 trillion current LCU for gdp in 2024.
That represents a change of up 1.9% on the previous year and up 64.4% over ten years.
Over the whole period, gdp in Norway peaked at 5.73 trillion current LCU in 2022 and was at its lowest, 91.53 billion current LCU, in 1970.
Norway ranks 70th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNESCO Institute) in Norway, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 91.53 billion current LCU | — |
| 1971 | 102.90 billion current LCU | +12.4% |
| 1972 | 114.36 billion current LCU | +11.1% |
| 1973 | 129.93 billion current LCU | +13.6% |
| 1974 | 150.38 billion current LCU | +15.7% |
| 1975 | 171.85 billion current LCU | +14.3% |
| 1976 | 196.12 billion current LCU | +14.1% |
| 1977 | 220.97 billion current LCU | +12.7% |
| 1978 | 243.89 billion current LCU | +10.4% |
| 1979 | 269.07 billion current LCU | +10.3% |
| 1980 | 318.28 billion current LCU | +18.3% |
| 1981 | 365.01 billion current LCU | +14.7% |
| 1982 | 404.32 billion current LCU | +10.8% |
| 1983 | 449.66 billion current LCU | +11.2% |
| 1984 | 506.49 billion current LCU | +12.6% |
| 1985 | 562.40 billion current LCU | +11.0% |
| 1986 | 581.91 billion current LCU | +3.5% |
| 1987 | 634.87 billion current LCU | +9.1% |
| 1988 | 664.08 billion current LCU | +4.6% |
| 1989 | 708.64 billion current LCU | +6.7% |
| 1990 | 749.86 billion current LCU | +5.8% |
| 1991 | 790.09 billion current LCU | +5.4% |
| 1992 | 813.09 billion current LCU | +2.9% |
| 1993 | 855.40 billion current LCU | +5.2% |
| 1994 | 897.24 billion current LCU | +4.9% |
| 1995 | 963.14 billion current LCU | +7.3% |
| 1996 | 1.05 trillion current LCU | +9.5% |
| 1997 | 1.14 trillion current LCU | +8.2% |
| 1998 | 1.16 trillion current LCU | +2.0% |
| 1999 | 1.27 trillion current LCU | +8.8% |
| 2000 | 1.51 trillion current LCU | +19.2% |
| 2001 | 1.57 trillion current LCU | +3.8% |
| 2002 | 1.56 trillion current LCU | -0.2% |
| 2003 | 1.62 trillion current LCU | +3.8% |
| 2004 | 1.79 trillion current LCU | +10.1% |
| 2005 | 2.00 trillion current LCU | +11.7% |
| 2006 | 2.22 trillion current LCU | +11.4% |
| 2007 | 2.36 trillion current LCU | +6.1% |
| 2008 | 2.62 trillion current LCU | +11.1% |
| 2009 | 2.44 trillion current LCU | -7.0% |
| 2010 | 2.61 trillion current LCU | +6.8% |
| 2011 | 2.81 trillion current LCU | +7.9% |
| 2012 | 2.98 trillion current LCU | +6.2% |
| 2013 | 3.09 trillion current LCU | +3.6% |
| 2014 | 3.16 trillion current LCU | +2.3% |
| 2015 | 3.13 trillion current LCU | -1.0% |
| 2016 | 3.12 trillion current LCU | -0.5% |
| 2017 | 3.32 trillion current LCU | +6.6% |
| 2018 | 3.58 trillion current LCU | +7.6% |
| 2019 | 3.60 trillion current LCU | +0.6% |
| 2020 | 3.46 trillion current LCU | -3.8% |
| 2021 | 4.32 trillion current LCU | +24.9% |
| 2022 | 5.73 trillion current LCU | +32.6% |
| 2023 | 5.10 trillion current LCU | -11.0% |
| 2024 | 5.20 trillion current LCU | +1.9% |
Norway compared with similar countries
- Norway's 5.20 trillion current LCU is above the median for high income countries, which is 220.22 billion current LCU, 23.6× the median. (82 countries reporting)
- Norway's 5.20 trillion current LCU is above the median for Europe & Central Asia, which is 481.94 billion current LCU, 10.8× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 169.10 billion current LCU | 91.53 billion current LCU | 269.07 billion current LCU | 10 |
| 1980s | 519.57 billion current LCU | 318.28 billion current LCU | 708.64 billion current LCU | 10 |
| 1990s | 969.50 billion current LCU | 749.86 billion current LCU | 1.27 trillion current LCU | 10 |
| 2000s | 1.97 trillion current LCU | 1.51 trillion current LCU | 2.62 trillion current LCU | 10 |
| 2010s | 3.14 trillion current LCU | 2.61 trillion current LCU | 3.60 trillion current LCU | 10 |
| 2020s | 4.76 trillion current LCU | 3.46 trillion current LCU | 5.73 trillion current LCU | 5 |
Countries ranked near Norway
More population data for Norway
- Population regions with projections, annual growth rate -0.2322 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.32 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2322 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1866 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 6,368 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.6612 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.1496 % change on previous year (2100)
- Population growth rate -0.231 (2100)
- Population density 14.86 (2100)
- Projected population under age 5 224,990 (2100)
Frequently asked questions
- What is gdp in Norway?
- Gdp in Norway was 5.20 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Norway?
- The highest recorded value was 5.73 trillion current LCU in 2022.
- What is the lowest gdp recorded in Norway?
- The lowest recorded value was 91.53 billion current LCU in 1970.
- How does Norway rank for gdp?
- Norway ranks 70th out of 211 countries with data for 2024.
- Is gdp rising or falling in Norway?
- Over the last ten years it is up 64.4%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release