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Norway

Deposit facility rate · ISO:NO

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Forecast availableTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalOslo
RegionEurope & Central Asia
Income groupHigh income
CurrencyNorwegian krone
GDP$530.76B2025 · current US$
Real GDP growth1.09%2025 · annual %
Population5.61M2025 · people
GDP per capita$94,594.192025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Norway's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:NO
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

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Real GDP growth

1.09% · 2025 · annual %

Real GDP growth · annual %-1.36%1.39%4.14%2014: 2.09521388080101 annual %2015: 2.04428845501438 annual %2016: 1.29158732771135 annual %2017: 2.66964474273466 annual %2018: 1.1103912365576 annual %2019: 1.46970781954143 annual %2020: -1.36055723261586 annual %2021: 4.14314688769197 annual %2022: 4.08039770659241 annual %2023: 0.352695581319765 annual %2024: 1.42372134524737 annual %2025: 1.08528185031417 annual %20142025
View annual observations
YearValue (annual %)
20251.085
20241.424
20230.353
20224.080
20214.143
2020-1.361
20191.470
20181.110
20172.670
20161.292
20152.044
20142.095
World Bank source & definition ↗

Economy

GDP$530.76B2025 · current US$Source & definition ↗
Real GDP growth1.09%2025 · annual %Source & definition ↗
GDP per capita$94,594.192025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 583.78B2025 · current international $Source & definition ↗

People

Population5.61M2025 · peopleSource & definition ↗
Population growth0.69%2025 · annual %Source & definition ↗
Urban population83.57%2025 · % of populationSource & definition ↗
Life expectancy83.162024 · yearsSource & definition ↗
Unemployment · ILO estimate4.64%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+65.61%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing1.64%2025 · % of GDPSource & definition ↗
Industry including construction34.46%2025 · % of GDPSource & definition ↗
Services55.05%2025 · % of GDPSource & definition ↗
Manufacturing6.12%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services45.37%2025 · % of GDPSource & definition ↗
Imports of goods & services33.68%2025 · % of GDPSource & definition ↗
Current account balance13.97%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows-1.47%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation3.06%2025 · annual %Source & definition ↗
Central government debt30.95%1994 · % of GDPSource & definition ↗
Tax revenue24.54%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector124.39%2024 · % of GDPSource & definition ↗
Total reserves including gold$85.49B2025 · current US$Source & definition ↗

Infrastructure

Internet use99.00%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area624,5002023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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