Norway GDP Growth Rate

2.0% +0.03 pt

Mar 2026 · Quarterly

Norway's real GDP grew 2% year-on-year in the first quarter of 2026, accelerating from a 1.97% expansion in the previous period. The latest reading is the highest since the 2.27% growth recorded in the third quarter of 2025. The all-time high is 8.99% in the first quarter of 1980, while the record low is -3.62% in the fourth quarter of 2020.

Norway GDP Growth Rate, 1990–2026
ActualPreviousHighestLowestDatesFrequency
2.0%2.0%9.0%Mar 1980-3.6%Dec 20201979 – 2026Quarterly

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
GDP$530.8B$500.9B$617.3B$5.2BDec 2025Annual
Industrial Production4.2%1.1%5.9%-6.5%Dec 2025Annual

About this series

GDP Growth Rate in Norway averaged 2.3% from 1979 until 2026, reaching an all-time high of 9.0% in Mar 1980 and a record low of -3.6% in Dec 2020. The series is reported quarterly with history from 1979.

Real GDP growth measures the annual change in the inflation-adjusted value of all goods and services produced in Norway. The data are reported quarterly in percentage terms. The series begins in the first quarter of 1979.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Norway GDP Growth Rate FAQ