Norway GDP

In 2023, Norway witnessed a decrease in its Nominal GDP, falling to 485.51 billion dollars, and a decrease in its GDP based on Purchasing Power Parity (PPP), which reached 576.58 international billion dollars as per the World Bank's estimates.

Relatedly, in the preceding year of 2022, Norway has Nominal GDP stood at 593.73 billion dollars, while the GDP based on PPP was 678.060 international billion dollars.

Norway GDP (Worldbank Estimates)

The net change in Norway's GDP (Nominal) in 2023 decreased by -108.22 billion dollars(-22.29%), and GDP (PPP) decreased by -101.48 international billion dollars(-17.60%).

Source: worldbank Nominal PPP

Norway Annual GDP Table

NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
19605.20-- ---
19615.670.478.29 % ---
19626.110.447.20 % ---
19636.550.446.72 % ---
19647.210.669.15 % ---
19658.110.9011.10 % ---
19668.750.647.31 % ---
19679.580.838.66 % ---
196810.230.656.35 % ---
196911.140.918.17 % ---
197012.811.6713.04 % ---
197114.581.7712.14 % ---
197217.362.7816.01 % ---
197322.535.1722.95 % ---
197427.154.6217.02 % ---
197532.885.7317.43 % ---
197635.943.068.51 % ---
197741.515.5713.42 % ---
197846.525.0110.77 % ---
197953.136.6112.44 % ---
198064.4411.3117.55 % ---
198163.60-0.84-1.32 % ---
198262.65-0.95-1.52 % ---
198361.63-1.02-1.66 % ---
198462.060.430.69 % ---
198565.423.365.14 % ---
198678.6913.2716.86 % ---
198794.2315.5416.49 % ---
1988101.907.677.53 % ---
1989102.630.730.71 % ---
1990119.7917.1614.33 % 78.25--
1991121.872.081.71 %83.395.146.16 %
1992130.848.976.86 %88.344.955.60 %
1993120.58-10.26-8.51 %93.014.675.02 %
1994127.136.555.15 %99.796.786.79 %
1995152.0324.9016.38 %106.126.335.96 %
1996163.5211.497.03 %117.4911.379.68 %
1997161.36-2.16-1.34 %126.008.516.75 %
1998154.23-7.13-4.62 %124.96-1.04-0.83 %
1999162.388.155.02 %136.4211.468.40 %
2000171.469.085.30 %166.1129.6917.87 %
2001174.242.781.60 %170.774.662.73 %
2002195.9221.6811.07 %172.711.941.12 %
2003229.3933.4714.59 %176.593.882.20 %
2004265.2735.8813.53 %195.9519.369.88 %
2005309.9844.7114.42 %221.7725.8211.64 %
2006346.9236.9410.65 %253.4031.6312.48 %
2007402.6455.7213.84 %264.5711.174.22 %
2008464.9262.2813.40 %295.9831.4110.61 %
2009387.98-76.94-19.83 %268.57-27.41-10.21 %
2010431.0543.079.99 %284.6516.085.65 %
2011501.3670.3114.02 %309.3724.727.99 %
2012512.7811.422.23 %330.0920.726.28 %
2013526.0113.232.52 %342.2512.163.55 %
2014501.74-24.27-4.84 %340.77-1.48-0.43 %
2015388.16-113.58-29.26 %315.15-25.62-8.13 %
2016370.96-17.20-4.64 %310.30-4.85-1.56 %
2017401.7530.797.66 %340.8430.548.96 %
2018439.7938.048.65 %373.1832.348.67 %
2019408.74-31.05-7.60 %379.386.201.63 %
2020367.63-41.11-11.18 %361.02-18.36-5.09 %
2021503.37135.7426.97 %482.47121.4525.17 %
2022593.7390.3615.22 %678.06195.5928.85 %
2023485.51-108.22-22.29 %576.58-101.48-17.60 %