GDP in Norway

Norway: GDP was 5.20 trillion current LCU in 2024. β—† Volatile

Latest (2024)
5.20 trillion current LCU
Change on year
up 1.9%
World rank
69th
of 208 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

02.0T4.0T6.0T197019972024

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 69th of 208 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 66 Sweden 6.45 trillion current LCU compare
  2. 67 Togo 6.02 trillion current LCU compare
  3. 68 Nepal 5.71 trillion current LCU compare
  4. 70 Guyana 5.18 trillion current LCU compare
  5. 71 Saudi Arabia 4.64 trillion current LCU compare
  6. 72 Iceland 4.62 trillion current LCU compare

See the full ranking of 211 places β†’

More population data for Norway

All data for Norway β†’

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 69th out of 208 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.

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GDP in Norway. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/norway/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release