Norway — GDP growth
GDP Growth (Annual %) for Norway, 1961–2025.
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%. Within Europe & Central Asia it ranks 39 of 57 economies; Slovenia (1.06%) is just below it. Its sharpest one-year move was up 1526% in 1983. That is 35% below this series' own ten-year average.
Data highlights
World ranking. Slipped: 33rd of 107 in 1961 → 101st of 119 in 1970 → 60th of 152 in 1980 → 108th of 176 in 1990 → 131st of 199 in 2000 → 170th of 209 in 2010 → 58th of 209 in 2020 → 155th of 186 in 2025.
Key figures
Full history — 1961 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 1.09% | -0.3 pp |
| 2024 | 1.42% | +1.1 pp |
| 2023 | 0.35% | -3.7 pp |
| 2022 | 4.08% | -0.1 pp |
| 2021 | 4.14% | +5.5 pp |
| 2020 | -1.36% | -2.8 pp |
| 2019 | 1.47% | +0.4 pp |
| 2018 | 1.11% | -1.6 pp |
| 2017 | 2.67% | +1.4 pp |
| 2016 | 1.29% | -0.8 pp |
| 2015 | 2.04% | -0.1 pp |
| 2014 | 2.1% | +0.8 pp |
| 2013 | 1.27% | -1.6 pp |
| 2012 | 2.82% | +1.4 pp |
| 2011 | 1.39% | +0.4 pp |
| 2010 | 1% | +2.6 pp |
| 2009 | -1.61% | -2.4 pp |
| 2008 | 0.82% | -2.6 pp |
| 2007 | 3.42% | +0.6 pp |
| 2006 | 2.85% | -0.1 pp |
| 2005 | 2.97% | -1.4 pp |
| 2004 | 4.33% | +3.2 pp |
| 2003 | 1.1% | -0.4 pp |
| 2002 | 1.46% | -0.7 pp |
| 2001 | 2.16% | -1.3 pp |
| 2000 | 3.44% | +1.3 pp |
| 1999 | 2.18% | -0.5 pp |
| 1998 | 2.73% | -2.4 pp |
| 1997 | 5.09% | +0.1 pp |
| 1996 | 4.97% | +0.8 pp |
| 1995 | 4.15% | -0.9 pp |
| 1994 | 5.04% | +2.2 pp |
| 1993 | 2.87% | -0.7 pp |
| 1992 | 3.56% | +0.7 pp |
| 1991 | 2.86% | +0.9 pp |
| 1990 | 1.96% | +0.9 pp |
| 1989 | 1.03% | +1.4 pp |
| 1988 | -0.33% | -2.1 pp |
| 1987 | 1.74% | -2.3 pp |
| 1986 | 4.05% | -1.5 pp |
| 1985 | 5.56% | -0.5 pp |
| 1984 | 6.08% | +2.1 pp |
| 1983 | 3.94% | +3.7 pp |
| 1982 | 0.24% | -1.4 pp |
| 1981 | 1.67% | -2.9 pp |
| 1980 | 4.53% | +0.2 pp |
| 1979 | 4.35% | +0.5 pp |
| 1978 | 3.86% | -0.3 pp |
| 1977 | 4.15% | -1.7 pp |
| 1976 | 5.85% | +0.9 pp |
| 1975 | 4.95% | +1.0 pp |
| 1974 | 3.96% | -0.5 pp |
| 1973 | 4.49% | -0.8 pp |
| 1972 | 5.28% | -0.4 pp |
| 1971 | 5.71% | +3.8 pp |
| 1970 | 1.94% | -2.6 pp |
| 1969 | 4.5% | +2.2 pp |
| 1968 | 2.26% | -4.0 pp |
| 1967 | 6.26% | +2.5 pp |
| 1966 | 3.79% | -1.5 pp |
| 1965 | 5.29% | +0.3 pp |
| 1964 | 5.01% | +1.2 pp |
| 1963 | 3.79% | +1.0 pp |
| 1962 | 2.81% | -3.5 pp |
| 1961 | 6.27% | — |
Frequently asked questions
What was Norway’s GDP growth in 1962?
2.81% (1962). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Norway’s GDP growth growing or shrinking?
Between 1961 and 2025 the series was shrinking overall: -82.7% in total — about 2.7% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 1.09%; 2024: 1.42%; 2023: 0.35%; 2022: 4.08%; 2021: 4.14%. Earlier years are in the full-history table below.
Related data
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.