GDP (current LCU), per unit of GDP in Norway
Norway: GDP (current LCU), per unit of GDP was 10.38 current LCU per US$ of GDP in 2024. ▲ Rising
GDP (current LCU), per unit of GDP in Norway, 1970–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Norway recorded 10.38 current LCU per US$ of GDP for gdp (current lcu), per unit of gdp in 2024. That is the highest value across all 55 years on record.
The figure is up 2.2% on the previous year and up 69.3% over ten years.
Over the whole period, gdp (current lcu), per unit of gdp in Norway peaked at 10.38 current LCU per US$ of GDP in 2024 and was at its lowest, 4.96 current LCU per US$ of GDP, in 1980.
Norway ranks 107th of 211 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP (current LCU), per unit of GDP in Norway, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 7.18 current LCU per US$ of GDP | — |
| 1971 | 7.08 current LCU per US$ of GDP | -1.3% |
| 1972 | 6.62 current LCU per US$ of GDP | -6.6% |
| 1973 | 5.79 current LCU per US$ of GDP | -12.5% |
| 1974 | 5.56 current LCU per US$ of GDP | -4.0% |
| 1975 | 5.25 current LCU per US$ of GDP | -5.6% |
| 1976 | 5.48 current LCU per US$ of GDP | +4.3% |
| 1977 | 5.34 current LCU per US$ of GDP | -2.4% |
| 1978 | 5.26 current LCU per US$ of GDP | -1.5% |
| 1979 | 5.08 current LCU per US$ of GDP | -3.4% |
| 1980 | 4.96 current LCU per US$ of GDP | -2.4% |
| 1981 | 5.76 current LCU per US$ of GDP | +16.1% |
| 1982 | 6.47 current LCU per US$ of GDP | +12.4% |
| 1983 | 7.32 current LCU per US$ of GDP | +13.1% |
| 1984 | 8.19 current LCU per US$ of GDP | +11.8% |
| 1985 | 8.62 current LCU per US$ of GDP | +5.3% |
| 1986 | 7.42 current LCU per US$ of GDP | -14.0% |
| 1987 | 6.76 current LCU per US$ of GDP | -8.9% |
| 1988 | 6.54 current LCU per US$ of GDP | -3.2% |
| 1989 | 6.93 current LCU per US$ of GDP | +5.9% |
| 1990 | 6.28 current LCU per US$ of GDP | -9.4% |
| 1991 | 6.52 current LCU per US$ of GDP | +3.8% |
| 1992 | 6.25 current LCU per US$ of GDP | -4.1% |
| 1993 | 7.14 current LCU per US$ of GDP | +14.1% |
| 1994 | 7.1 current LCU per US$ of GDP | -0.5% |
| 1995 | 6.37 current LCU per US$ of GDP | -10.2% |
| 1996 | 6.49 current LCU per US$ of GDP | +1.9% |
| 1997 | 7.13 current LCU per US$ of GDP | +9.9% |
| 1998 | 7.61 current LCU per US$ of GDP | +6.7% |
| 1999 | 7.85 current LCU per US$ of GDP | +3.2% |
| 2000 | 8.84 current LCU per US$ of GDP | +12.7% |
| 2001 | 9.03 current LCU per US$ of GDP | +2.0% |
| 2002 | 8.01 current LCU per US$ of GDP | -11.3% |
| 2003 | 7.09 current LCU per US$ of GDP | -11.5% |
| 2004 | 6.73 current LCU per US$ of GDP | -5.0% |
| 2005 | 6.41 current LCU per US$ of GDP | -4.7% |
| 2006 | 6.36 current LCU per US$ of GDP | -0.8% |
| 2007 | 5.79 current LCU per US$ of GDP | -9.0% |
| 2008 | 5.55 current LCU per US$ of GDP | -4.0% |
| 2009 | 6.17 current LCU per US$ of GDP | +11.0% |
| 2010 | 5.92 current LCU per US$ of GDP | -4.0% |
| 2011 | 5.48 current LCU per US$ of GDP | -7.4% |
| 2012 | 5.68 current LCU per US$ of GDP | +3.7% |
| 2013 | 5.72 current LCU per US$ of GDP | +0.7% |
| 2014 | 6.13 current LCU per US$ of GDP | +7.1% |
| 2015 | 7.81 current LCU per US$ of GDP | +27.5% |
| 2016 | 8.13 current LCU per US$ of GDP | +4.1% |
| 2017 | 7.99 current LCU per US$ of GDP | -1.7% |
| 2018 | 7.87 current LCU per US$ of GDP | -1.6% |
| 2019 | 8.48 current LCU per US$ of GDP | +7.8% |
| 2020 | 9.06 current LCU per US$ of GDP | +6.8% |
| 2021 | 8.29 current LCU per US$ of GDP | -8.5% |
| 2022 | 9.29 current LCU per US$ of GDP | +12.0% |
| 2023 | 10.16 current LCU per US$ of GDP | +9.4% |
| 2024 | 10.38 current LCU per US$ of GDP | +2.2% |
Norway compared with similar countries
- Norway's 10.38 current LCU per US$ of GDP is above the median for high income countries, which is 1.01 current LCU per US$ of GDP, 10.3× the median. (82 countries reporting)
- Norway's 10.38 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 1.7 current LCU per US$ of GDP, 6.1× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.86 current LCU per US$ of GDP | 5.08 current LCU per US$ of GDP | 7.18 current LCU per US$ of GDP | 10 |
| 1980s | 6.9 current LCU per US$ of GDP | 4.96 current LCU per US$ of GDP | 8.62 current LCU per US$ of GDP | 10 |
| 1990s | 6.88 current LCU per US$ of GDP | 6.25 current LCU per US$ of GDP | 7.85 current LCU per US$ of GDP | 10 |
| 2000s | 7 current LCU per US$ of GDP | 5.55 current LCU per US$ of GDP | 9.03 current LCU per US$ of GDP | 10 |
| 2010s | 6.92 current LCU per US$ of GDP | 5.48 current LCU per US$ of GDP | 8.48 current LCU per US$ of GDP | 10 |
| 2020s | 9.43 current LCU per US$ of GDP | 8.29 current LCU per US$ of GDP | 10.38 current LCU per US$ of GDP | 5 |
Countries ranked near Norway
- 104 Botswana 13.64 current LCU per US$ of GDP compare
- 105 Sweden 10.66 current LCU per US$ of GDP compare
- 106 Tajikistan 10.63 current LCU per US$ of GDP compare
- 108 Morocco 9.56 current LCU per US$ of GDP compare
- 109 Solomon Islands 9.4 current LCU per US$ of GDP compare
- 110 Macao 8.15 current LCU per US$ of GDP compare
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)
- World population growth -0.2% (2100)
- Population density 14.86 people per km² (2100)
- Number of children under 5, by world region 224,990 people (2100)
Frequently asked questions
- What is gdp (current lcu), per unit of gdp in Norway?
- Gdp (current lcu), per unit of gdp in Norway was 10.38 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), per unit of gdp recorded in Norway?
- The highest recorded value was 10.38 current LCU per US$ of GDP in 2024.
- What is the lowest gdp (current lcu), per unit of gdp recorded in Norway?
- The lowest recorded value was 4.96 current LCU per US$ of GDP in 1980.
- How does Norway rank for gdp (current lcu), per unit of gdp?
- Norway ranks 107th out of 211 countries with data for 2024.
- Is gdp (current lcu), per unit of gdp rising or falling in Norway?
- Over the last ten years it is up 69.3%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
GDP (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current LCU) ÷ GDP (current US$)
Computed from
- GDP UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.