Home / GDP growth / Norway
Norway — GDP growth
GDP Growth (Annual %) for Norway, 1961–2025.
Latest value · 2025
1.09%
GDP Growth (Annual %) · annual % · -82.7% since 1961
GDP growth for Norway was 1.09% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 6.27% in 1961. The lowest was -1.61% in 2009 (about -1.5× the latest value). Across that span the compound annual growth rate works out to -2.70% per year.
Norway ranks 170 of 212 economies on this measure (1 = highest), putting it in the top 80%. The median for Europe & Central Asia is 2.03%, so Norway sits below it. It peaked in 1961 and has fallen 83% since. Over the last decade (2015–2025) the figure moved down 47%.
Key figures
Latest (2025)
1.09%
First (1961)
6.27%
Change
-82.7%
Highest
6.27%
in 1961
Lowest
-1.61%
in 2009
Average
3.02%
Annual growth (CAGR)
-2.70%
Years of data
65
Recent years
| Year | annual % |
|---|---|
| 2025 | 1.09% |
| 2024 | 1.42% |
| 2023 | 0.35% |
| 2022 | 4.08% |
| 2021 | 4.14% |
| 2020 | -1.36% |
| 2019 | 1.47% |
| 2018 | 1.11% |
| 2017 | 2.67% |
| 2016 | 1.29% |
| 2015 | 2.04% |
| 2014 | 2.1% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.