GDP in Norway

Norway: GDP was 483.73 billion current US$ in 2024. β—† Volatile

Latest (2024)
483.73 billion current US$
Change on year
up 0.2%
World rank
31st
of 208 countries
All-time high
596.30 billion current US$
in 2022
All-time low
12.81 billion current US$
in 1970
Years of data
55
1970–2024

GDP in Norway, 1970–2024

0200.0B400.0B600.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

Norway recorded 483.73 billion current US$ for gdp in 2024.

That represents a change of up 0.2% on the previous year and down 3.6% over ten years.

Over the whole period, gdp in Norway peaked at 596.30 billion current US$ in 2022 and was at its lowest, 12.81 billion current US$, in 1970.

That places Norway 31st out of 208 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 30.44 billion current US$ 12.81 billion current US$ 53.13 billion current US$ 10
1980s 75.72 billion current US$ 61.63 billion current US$ 102.63 billion current US$ 10
1990s 141.37 billion current US$ 119.79 billion current US$ 163.52 billion current US$ 10
2000s 294.87 billion current US$ 171.46 billion current US$ 464.92 billion current US$ 10
2010s 448.23 billion current US$ 370.96 billion current US$ 526.01 billion current US$ 10
2020s 486.80 billion current US$ 367.63 billion current US$ 596.30 billion current US$ 5

Countries ranked near Norway

  1. 28 United Arab Emirates 537.08 billion current US$ compare
  2. 29 Thailand 526.41 billion current US$ compare
  3. 30 Austria 521.64 billion current US$ compare
  4. 32 Venezuela 482.36 billion current US$ compare
  5. 33 Vietnam 476.39 billion current US$ compare
  6. 34 Philippines 461.62 billion current US$ 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 483.73 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Norway?
The highest recorded value was 596.30 billion current US$ in 2022.
What is the lowest gdp recorded in Norway?
The lowest recorded value was 12.81 billion current US$ in 1970.
How does Norway rank for gdp?
Norway ranks 31st out of 208 countries with data for 2024.
Is gdp rising or falling in Norway?
Over the last ten years it is down 3.6%. 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 US$). 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-us-2/norway/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release