Norway GDP (2026)

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Last updated: GDP values are shown in current U.S. dollars

Norway is one of the world's wealthiest and most stable economies, supported by abundant natural resources, advanced industries, and a highly developed welfare system. The country is a major exporter of oil, natural gas, seafood, and renewable energy while maintaining strong financial reserves through its sovereign wealth fund. Alongside its energy sector, Norway has built competitive industries in maritime services, technology, engineering, and aquaculture. This page provides the latest Norway GDP data, historical trends, and economic outlook for 2026.

Norway Live GDP
$352,141,350,417
GDP Added Today
$708,791,513
GDP Growth Rate (2026)
1.50%
vs 2025
โ–ฒ +0.40%
GDP Per Capita (2026)
$105,877
vs 2025
โ–ฒ +$11,409
Global Rank (Nominal)
#31
of 218 countries
Years Covered
1980โ€“2026
47 years

Norway GDP Growth (1980โ€“2026)

Annual real GDP growth rate (%)

Historical Highlights

1980โ€“2026 GDP performance summary

Highest GDP $617.32B
Lowest GDP $61.42B
Average Growth 2.41%
1980โ€“2026
Best Growth 6.10%
Weakest Growth -1.60%
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Share of World GDP (2026)

Norway 0.47%
United States 25.58%
China 16.47%
Germany 4.31%
Japan 3.46%
Rest of World 49.71%
โ˜†

Key Findings

โœ“

Norway's GDP in 2026 is $599.41B.

โœ“

It ranks #31 among 218 countries.

โœ“

Norway contributes 0.47% to the world economy.

โœ“

GDP per capita is $105,877 in 2026.

โœ“

The economy recorded GDP growth of 1.50% in 2026.

Historical Data

Norway GDP Historical Data (1980โ€“2026)

2026 $599,406,000,000 1.50% $105,877 0.47% #31
2025 $530,756,000,000 1.10% $94,468 0.45% #32
2024 $500,886,000,000 1.40% $89,684 0.45% #32
2023 $502,198,000,000 0.40% $90,755 0.47% #32
2022 $617,322,000,000 4.10% $112,748 0.60% #25
2021 $521,592,000,000 4.10% $96,321 0.53% #27
2020 $382,253,000,000 -1.40% $70,990 0.44% #32
2019 $424,245,000,000 1.50% $79,198 0.48% #30
2018 $454,589,000,000 1.10% $85,386 0.52% #28
2017 $415,673,000,000 2.70% $78,573 0.51% #29
2016 $383,284,000,000 1.30% $72,976 0.50% #30
2015 $400,669,000,000 2.00% $76,971 0.53% #29
2014 $515,830,000,000 2.10% $100,036 0.64% #28
2013 $540,133,000,000 1.30% $105,985 0.69% #24
2012 $525,084,000,000 2.80% $104,222 0.69% #24
2011 $512,869,000,000 1.40% $103,130 0.69% #27
2010 $440,133,000,000 1.00% $89,674 0.66% #27
2009 $395,663,000,000 -1.60% $81,703 0.65% #27
2008 $472,061,000,000 0.80% $98,613 0.73% #26
2007 $407,817,000,000 3.40% $86,372 0.69% #25
2006 $349,772,000,000 2.80% $74,868 0.67% #24
2005 $311,418,000,000 3.00% $67,235 0.65% #24
2004 $265,662,000,000 4.30% $57,763 0.60% #24
2003 $229,193,000,000 1.10% $50,119 0.58% #24
2002 $195,361,000,000 1.50% $42,962 0.56% #25
2001 $173,592,000,000 2.20% $38,410 0.51% #28
2000 $170,619,000,000 3.40% $37,909 0.50% #29
1999 $161,305,000,000 2.20% $36,059 0.49% #30
1998 $152,956,000,000 2.70% $34,445 0.48% #29
1997 $160,014,000,000 5.10% $36,257 0.50% #31
1996 $162,428,000,000 5.00% $36,977 0.50% #30
1995 $151,085,000,000 4.20% $34,573 0.48% #29
1994 $126,325,000,000 5.00% $29,051 0.45% #30
1993 $119,841,000,000 2.90% $27,710 0.46% #30
1992 $129,999,000,000 3.60% $30,238 0.51% #27
1991 $121,149,000,000 2.90% $28,345 0.50% #30
1990 $119,344,000,000 2.00% $28,082 0.52% #28
1989 $102,227,000,000 1.00% $24,149 0.50% #28
1988 $101,498,000,000 -0.30% $24,048 0.53% #28
1987 $93,914,000,000 1.70% $22,370 0.55% #27
1986 $78,438,000,000 4.00% $18,792 0.53% #26
1985 $65,211,000,000 5.60% $15,679 0.52% #27
1984 $61,866,000,000 6.10% $14,923 0.51% #27
1983 $61,418,000,000 3.90% $14,856 0.53% #28
1982 $62,453,000,000 0.20% $15,149 0.55% #30
1981 $63,393,000,000 1.70% $15,435 0.55% #27
1980 $64,177,000,000 4.50% $15,682 0.57% #29

Norway GDP Projections (IMF)

i
Year GDP Nominal (Current USD) GDP Growth Rate (%) GDP Per Capita (USD) World Share (%) Global Rank
2027 $604,144,000,000 1.30% $105,903 0.46% #31
2028 $605,423,000,000 1.10% $105,321 0.44% #32
2029 $607,524,000,000 1.10% $104,884 0.42% #36
2030 $611,780,000,000 1.10% $104,817 0.41% #38
2031 $617,687,000,000 1.10% $105,025 0.39% #39

Norway Economy Overview

Norway has a highly developed mixed economy built on natural resources, advanced services, manufacturing, and international trade. Oil and natural gas remain major contributors to exports and government revenue, while renewable energy, shipping, seafood production, engineering, and digital technologies continue to expand.

The country is also a global leader in hydropower generation and is investing heavily in offshore wind, carbon capture, green shipping, and clean technologies. Strong public finances, political stability, and high levels of innovation support long-term economic resilience and sustainable development.

Norway GDP Outlook

Norway's economic outlook remains favorable, supported by continued energy exports, a strong sovereign wealth fund, and expanding investment in renewable energy and advanced industries. Growth is expected to benefit from technological innovation, green transition projects, and stable domestic demand. With sound fiscal management and diversified economic activity, Norway is projected to remain one of the world's most resilient high-income economies.