GDP (current US$), annual growth rate in Norway
Norway: GDP (current US$), annual growth rate was 0.1609 % change on previous year in 2024. ◆ Volatile
GDP (current US$), annual growth rate in Norway, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (current us$), annual growth rate in Norway is 0.1609 % change on previous year, measured in 2024.
That represents a change of up 100.8% on the previous year and up 103.5% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Norway peaked at 36.92 % change on previous year in 2021 and was at its lowest, -22.64 % change on previous year, in 2015.
Norway ranks 186th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Norway, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.81 % change on previous year | — |
| 1972 | 19.03 % change on previous year | +37.9% |
| 1973 | 29.82 % change on previous year | +56.7% |
| 1974 | 20.46 % change on previous year | -31.4% |
| 1975 | 21.12 % change on previous year | +3.2% |
| 1976 | 9.32 % change on previous year | -55.9% |
| 1977 | 15.49 % change on previous year | +66.1% |
| 1978 | 12.08 % change on previous year | -22.0% |
| 1979 | 14.21 % change on previous year | +17.6% |
| 1980 | 21.28 % change on previous year | +49.8% |
| 1981 | -1.31 % change on previous year | -106.1% |
| 1982 | -1.49 % change on previous year | +14.2% |
| 1983 | -1.63 % change on previous year | +9.1% |
| 1984 | 0.699 % change on previous year | -142.9% |
| 1985 | 5.41 % change on previous year | +674.3% |
| 1986 | 20.29 % change on previous year | +275.0% |
| 1987 | 19.74 % change on previous year | -2.7% |
| 1988 | 8.14 % change on previous year | -58.8% |
| 1989 | 0.7203 % change on previous year | -91.2% |
| 1990 | 16.72 % change on previous year | +2220.9% |
| 1991 | 1.74 % change on previous year | -89.6% |
| 1992 | 7.36 % change on previous year | +323.7% |
| 1993 | -7.84 % change on previous year | -206.6% |
| 1994 | 5.43 % change on previous year | -169.3% |
| 1995 | 19.59 % change on previous year | +260.4% |
| 1996 | 7.56 % change on previous year | -61.4% |
| 1997 | -1.32 % change on previous year | -117.5% |
| 1998 | -4.42 % change on previous year | +233.9% |
| 1999 | 5.29 % change on previous year | -219.7% |
| 2000 | 5.59 % change on previous year | +5.7% |
| 2001 | 1.62 % change on previous year | -71.0% |
| 2002 | 12.44 % change on previous year | +666.7% |
| 2003 | 17.08 % change on previous year | +37.3% |
| 2004 | 15.64 % change on previous year | -8.4% |
| 2005 | 16.85 % change on previous year | +7.7% |
| 2006 | 11.92 % change on previous year | -29.3% |
| 2007 | 16.06 % change on previous year | +34.8% |
| 2008 | 15.47 % change on previous year | -3.7% |
| 2009 | -16.55 % change on previous year | -207.0% |
| 2010 | 11.1 % change on previous year | -167.1% |
| 2011 | 16.31 % change on previous year | +46.9% |
| 2012 | 2.28 % change on previous year | -86.0% |
| 2013 | 2.58 % change on previous year | +13.4% |
| 2014 | -4.62 % change on previous year | -278.8% |
| 2015 | -22.64 % change on previous year | +390.5% |
| 2016 | -4.43 % change on previous year | -80.4% |
| 2017 | 8.3 % change on previous year | -287.3% |
| 2018 | 9.47 % change on previous year | +14.1% |
| 2019 | -7.06 % change on previous year | -174.5% |
| 2020 | -10.06 % change on previous year | +42.5% |
| 2021 | 36.92 % change on previous year | -467.1% |
| 2022 | 18.46 % change on previous year | -50.0% |
| 2023 | -19.01 % change on previous year | -203.0% |
| 2024 | 0.1609 % change on previous year | -100.8% |
Norway compared with similar countries
- Norway's 0.1609 % change on previous year is below the median for high income countries, which is 5.39 % change on previous year, 3% of the median. (82 countries reporting)
- Norway's 0.1609 % change on previous year is below the median for Europe & Central Asia, which is 5.96 % change on previous year, 3% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$), annual growth rate in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +2220.9% | 0.7203 % change on previous year | 16.72 % change on previous year |
| 1985 | +674.3% | 0.699 % change on previous year | 5.41 % change on previous year |
| 2002 | +666.7% | 1.62 % change on previous year | 12.44 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.26 % change on previous year | 9.32 % change on previous year | 29.82 % change on previous year | 9 |
| 1980s | 7.19 % change on previous year | -1.63 % change on previous year | 21.28 % change on previous year | 10 |
| 1990s | 5.01 % change on previous year | -7.84 % change on previous year | 19.59 % change on previous year | 10 |
| 2000s | 9.61 % change on previous year | -16.55 % change on previous year | 17.08 % change on previous year | 10 |
| 2010s | 1.13 % change on previous year | -22.64 % change on previous year | 16.31 % change on previous year | 10 |
| 2020s | 5.3 % change on previous year | -19.01 % change on previous year | 36.92 % change on previous year | 5 |
Countries ranked near Norway
- 183 Oman 0.9887 % change on previous year compare
- 184 Saint Kitts and Nevis 0.9397 % change on previous year compare
- 185 Czechia 0.5332 % change on previous year compare
- 187 Botswana -0.0541 % change on previous year compare
- 188 Tanzania -0.3573 % change on previous year compare
- 189 Brazil -0.5349 % change on previous year 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 us$), annual growth rate in Norway?
- Gdp (current us$), annual growth rate in Norway was 0.1609 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Norway?
- The highest recorded value was 36.92 % change on previous year in 2021.
- What is the lowest gdp (current us$), annual growth rate recorded in Norway?
- The lowest recorded value was -22.64 % change on previous year in 2015.
- How does Norway rank for gdp (current us$), annual growth rate?
- Norway ranks 186th out of 211 countries with data for 2024.
- Is gdp (current us$), annual growth rate rising or falling in Norway?
- Over the last ten years it is up 103.5%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.