Nominal GDP in billions of USD
Year -
$485.51 billions(-18.23%)
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.
Relatedly, in the preceding year of 2022, Norway has Nominal GDP stood at 593.73 billion dollars, while the GDP based on PPP was 678.06 international billion dollars.
The net change in Norway's GDP (Nominal) in 2023 decreased by -108.22 billion dollars(-18.23%), and GDP (PPP) decreased by -101.48 international billion dollars(-14.97%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 5.2 | - | - | - | - | - |
| 1961 | 5.67 | 0.47 | 9.04 % | - | - | - |
| 1962 | 6.11 | 0.44 | 7.76 % | - | - | - |
| 1963 | 6.55 | 0.44 | 7.2 % | - | - | - |
| 1964 | 7.21 | 0.66 | 10.08 % | - | - | - |
| 1965 | 8.11 | 0.9 | 12.48 % | - | - | - |
| 1966 | 8.75 | 0.64 | 7.89 % | - | - | - |
| 1967 | 9.58 | 0.83 | 9.49 % | - | - | - |
| 1968 | 10.23 | 0.65 | 6.78 % | - | - | - |
| 1969 | 11.14 | 0.91 | 8.9 % | - | - | - |
| 1970 | 12.81 | 1.67 | 14.99 % | - | - | - |
| 1971 | 14.58 | 1.77 | 13.82 % | - | - | - |
| 1972 | 17.36 | 2.78 | 19.07 % | - | - | - |
| 1973 | 22.53 | 5.17 | 29.78 % | - | - | - |
| 1974 | 27.15 | 4.62 | 20.51 % | - | - | - |
| 1975 | 32.88 | 5.73 | 21.1 % | - | - | - |
| 1976 | 35.94 | 3.06 | 9.31 % | - | - | - |
| 1977 | 41.51 | 5.57 | 15.5 % | - | - | - |
| 1978 | 46.52 | 5.01 | 12.07 % | - | - | - |
| 1979 | 53.13 | 6.61 | 14.21 % | - | - | - |
| 1980 | 64.44 | 11.31 | 21.29 % | - | - | - |
| 1981 | 63.6 | -0.84 | -1.3 % | - | - | - |
| 1982 | 62.65 | -0.95 | -1.49 % | - | - | - |
| 1983 | 61.63 | -1.02 | -1.63 % | - | - | - |
| 1984 | 62.06 | 0.43 | 0.7 % | - | - | - |
| 1985 | 65.42 | 3.36 | 5.41 % | - | - | - |
| 1986 | 78.69 | 13.27 | 20.28 % | - | - | - |
| 1987 | 94.23 | 15.54 | 19.75 % | - | - | - |
| 1988 | 101.9 | 7.67 | 8.14 % | - | - | - |
| 1989 | 102.63 | 0.73 | 0.72 % | - | - | - |
| 1990 | 119.79 | 17.16 | 16.72 % | 78.25 | - | - |
| 1991 | 121.87 | 2.08 | 1.74 % | 83.39 | 5.14 | 6.57 % |
| 1992 | 130.84 | 8.97 | 7.36 % | 88.34 | 4.95 | 5.94 % |
| 1993 | 120.58 | -10.26 | -7.84 % | 93.01 | 4.67 | 5.29 % |
| 1994 | 127.13 | 6.55 | 5.43 % | 99.79 | 6.78 | 7.29 % |
| 1995 | 152.03 | 24.9 | 19.59 % | 106.12 | 6.33 | 6.34 % |
| 1996 | 163.52 | 11.49 | 7.56 % | 117.49 | 11.37 | 10.71 % |
| 1997 | 161.36 | -2.16 | -1.32 % | 126 | 8.51 | 7.24 % |
| 1998 | 154.23 | -7.13 | -4.42 % | 124.96 | -1.04 | -0.83 % |
| 1999 | 162.38 | 8.15 | 5.28 % | 136.42 | 11.46 | 9.17 % |
| 2000 | 171.46 | 9.08 | 5.59 % | 166.11 | 29.69 | 21.76 % |
| 2001 | 174.24 | 2.78 | 1.62 % | 170.77 | 4.66 | 2.81 % |
| 2002 | 195.92 | 21.68 | 12.44 % | 172.71 | 1.94 | 1.14 % |
| 2003 | 229.39 | 33.47 | 17.08 % | 176.59 | 3.88 | 2.25 % |
| 2004 | 265.27 | 35.88 | 15.64 % | 195.95 | 19.36 | 10.96 % |
| 2005 | 309.98 | 44.71 | 16.85 % | 221.77 | 25.82 | 13.18 % |
| 2006 | 346.92 | 36.94 | 11.92 % | 253.4 | 31.63 | 14.26 % |
| 2007 | 402.64 | 55.72 | 16.06 % | 264.57 | 11.17 | 4.41 % |
| 2008 | 464.92 | 62.28 | 15.47 % | 295.98 | 31.41 | 11.87 % |
| 2009 | 387.98 | -76.94 | -16.55 % | 268.57 | -27.41 | -9.26 % |
| 2010 | 431.05 | 43.07 | 11.1 % | 284.65 | 16.08 | 5.99 % |
| 2011 | 501.36 | 70.31 | 16.31 % | 309.37 | 24.72 | 8.68 % |
| 2012 | 512.78 | 11.42 | 2.28 % | 330.09 | 20.72 | 6.7 % |
| 2013 | 526.01 | 13.23 | 2.58 % | 342.25 | 12.16 | 3.68 % |
| 2014 | 501.74 | -24.27 | -4.61 % | 340.77 | -1.48 | -0.43 % |
| 2015 | 388.16 | -113.58 | -22.64 % | 315.15 | -25.62 | -7.52 % |
| 2016 | 370.96 | -17.2 | -4.43 % | 310.3 | -4.85 | -1.54 % |
| 2017 | 401.75 | 30.79 | 8.3 % | 340.84 | 30.54 | 9.84 % |
| 2018 | 439.79 | 38.04 | 9.47 % | 373.18 | 32.34 | 9.49 % |
| 2019 | 408.74 | -31.05 | -7.06 % | 379.38 | 6.2 | 1.66 % |
| 2020 | 367.63 | -41.11 | -10.06 % | 361.02 | -18.36 | -4.84 % |
| 2021 | 503.37 | 135.74 | 36.92 % | 482.47 | 121.45 | 33.64 % |
| 2022 | 593.73 | 90.36 | 17.95 % | 678.06 | 195.59 | 40.54 % |
| 2023 | 485.51 | -108.22 | -18.23 % | 576.58 | -101.48 | -14.97 % |