GDP (current US$) (UNESCO Institute) in Norway
Norway: GDP (current US$) (UNESCO Institute) was 483.73 billion current US$ in 2024. ◆ Volatile
Latest (2024)
483.73 billion current US$
Change on year
up 0.2%
World rank
31st
of 211 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
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$, in 1970.
That places Norway 31st out of 211 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 12.81 billion current US$ | — |
| 1971 | 14.58 billion current US$ | +13.8% |
| 1972 | 17.36 billion current US$ | +19.0% |
| 1973 | 22.53 billion current US$ | +29.8% |
| 1974 | 27.15 billion current US$ | +20.5% |
| 1975 | 32.88 billion current US$ | +21.1% |
| 1976 | 35.94 billion current US$ | +9.3% |
| 1977 | 41.51 billion current US$ | +15.5% |
| 1978 | 46.52 billion current US$ | +12.1% |
| 1979 | 53.13 billion current US$ | +14.2% |
| 1980 | 64.44 billion current US$ | +21.3% |
| 1981 | 63.60 billion current US$ | -1.3% |
| 1982 | 62.65 billion current US$ | -1.5% |
| 1983 | 61.63 billion current US$ | -1.6% |
| 1984 | 62.06 billion current US$ | +0.7% |
| 1985 | 65.42 billion current US$ | +5.4% |
| 1986 | 78.69 billion current US$ | +20.3% |
| 1987 | 94.23 billion current US$ | +19.7% |
| 1988 | 101.90 billion current US$ | +8.1% |
| 1989 | 102.63 billion current US$ | +0.7% |
| 1990 | 119.79 billion current US$ | +16.7% |
| 1991 | 121.87 billion current US$ | +1.7% |
| 1992 | 130.84 billion current US$ | +7.4% |
| 1993 | 120.58 billion current US$ | -7.8% |
| 1994 | 127.13 billion current US$ | +5.4% |
| 1995 | 152.03 billion current US$ | +19.6% |
| 1996 | 163.52 billion current US$ | +7.6% |
| 1997 | 161.36 billion current US$ | -1.3% |
| 1998 | 154.23 billion current US$ | -4.4% |
| 1999 | 162.38 billion current US$ | +5.3% |
| 2000 | 171.46 billion current US$ | +5.6% |
| 2001 | 174.24 billion current US$ | +1.6% |
| 2002 | 195.91 billion current US$ | +12.4% |
| 2003 | 229.38 billion current US$ | +17.1% |
| 2004 | 265.27 billion current US$ | +15.6% |
| 2005 | 309.98 billion current US$ | +16.9% |
| 2006 | 346.92 billion current US$ | +11.9% |
| 2007 | 402.64 billion current US$ | +16.1% |
| 2008 | 464.92 billion current US$ | +15.5% |
| 2009 | 387.98 billion current US$ | -16.5% |
| 2010 | 431.05 billion current US$ | +11.1% |
| 2011 | 501.36 billion current US$ | +16.3% |
| 2012 | 512.78 billion current US$ | +2.3% |
| 2013 | 526.01 billion current US$ | +2.6% |
| 2014 | 501.74 billion current US$ | -4.6% |
| 2015 | 388.16 billion current US$ | -22.6% |
| 2016 | 370.96 billion current US$ | -4.4% |
| 2017 | 401.75 billion current US$ | +8.3% |
| 2018 | 439.79 billion current US$ | +9.5% |
| 2019 | 408.74 billion current US$ | -7.1% |
| 2020 | 367.63 billion current US$ | -10.1% |
| 2021 | 503.37 billion current US$ | +36.9% |
| 2022 | 596.30 billion current US$ | +18.5% |
| 2023 | 482.95 billion current US$ | -19.0% |
| 2024 | 483.73 billion current US$ | +0.2% |
Norway compared with similar countries
- Norway's 483.73 billion current US$ is above the median for high income countries, which is 92.86 billion current US$, 5.2× the median. (82 countries reporting)
- Norway's 483.73 billion current US$ is above the median for Europe & Central Asia, which is 93.20 billion current US$, 5.2× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.44 billion current US$ | 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
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 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 211 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.
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