Nominal GDP
$530.76B
current US$ · 2025
World Bank
🇳🇴
Economy Snapshot
Norway Economy and Trade
OsloLocal time
GDP $530.76B · real growth 1.1% · latest verified annual data
The latest comparable figures displayed for Norway include $530.76B of nominal GDP in 2025 and 1.1% real growth in 2025. GDP per capita is $94,594 for 2025, and CPI inflation is 3.1% for 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.
GDP per capita
$94,594
current US$ · 2025
Source listed below
Real GDP growth
1.1%
annual % · 2025
Source listed below
Inflation
3.1%
CPI annual % · 2025
Source listed below
Norway at a Glance
Each measure keeps its actual reference year and definition.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $400.67B2016: $383.28B2017: $415.67B2018: $454.59B2019: $424.24B2020: $382.25B2021: $521.59B2022: $617.32B2023: $502.20B2024: $500.89B2025: $530.76B
GDP per capita$94,594
Real growth1.1%
GDP year2025
2025 Inflation
3.1%
CPI annual %
2025 Unemployment
4.6%
labor-market measure
2025 GDP per capita
$94,594
current US$
Macro signals
Available measures are shown with their reported reference periods.
Macro signals
World Bank annual observations
Real growth20251.1%
Unemployment20254.6%
Inflation20253.1%
Understand the numbers
What Norway's economic profile is telling you
Norway's current World Bank annual series reports nominal GDP above $530 billion and GDP per capita above $94,000 in 2025. Real growth was 1.1 percent and inflation 3.1 percent. Trade remains unavailable here pending a clean matched WTO pair.
Reading the macro data
Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.
Reading the trade data
Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.
Detailed Economic Data
| Indicator | Norway | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$ | $530.76B | 2025 | Actual |
| GDP per capitacurrent US$ | $94,594 | 2025 | Actual |
| Real GDP growthannual % | 1.1% | 2025 | Actual |
| InflationCPI annual % | 3.1% | 2025 | Actual |
| Unemploymentmodeled ILO estimate | 4.6% | 2025 | Estimate |
| Merchandise balancematched year required | Not calculated | Unavailable | Unavailable |
Frequently Asked Questions
What is Norway's latest GDP?
The verified GDP observation used here is $530.76B for 2025.
What does merchandise trade show for Norway?
A matched merchandise export and import pair was not independently resolved on this page, so no goods balance is calculated.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Core macroeconomic indicators with explicit reference years.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment
Matched-year merchandise trade where independently resolved.
Official data: WTO economy profiles