Markets Actual Q2/26 Q3/26 Q4/26 Q1/27
Stock Market (points) 2342.69 2379 2300 2251 2203
Currency 9.22 9.23 9.13 9.06 8.99
Government Bond 10Y (%) 4.36 4.47 4.4 4.36 4.32

Overview Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.40 0.5 0.4 0.4 0.1
GDP Annual Growth Rate (%) 1.70 1.2 1.1 1.2 1
Unemployment Rate (%) 4.60 4.4 4.3 4.2 4.2
Inflation Rate (%) 3.40 3.6 3.1 2.8 2.6
Interest Rate (%) 4.25 4.25 4.5 4.5 4.5
Balance of Trade (NOK Million) 84219.00 44989 42060 84800 58900
Current Account (NOK Million) 153109.00 195000 195000 185000 175000
Business Confidence (points) 1.20 -6 -3 1 4
Retail Sales MoM (%) 0.30 0.5 -0.4 0.3 0.3
Consumer Confidence (points) -20.00 -20 -18 -17 -16
Current Account to GDP (% of GDP) 14.20 8.6
Government Debt to GDP (% of GDP) 54.30 56
Government Budget (% of GDP) 10.40 7.5

GDP Actual Q2/26 Q3/26 Q4/26 Q1/27
GDP Growth Rate (%) 0.40 0.5 0.4 0.4 0.1
GDP Annual Growth Rate (%) 1.70 1.2 1.1 1.2 1
GDP Constant Prices (NOK Million) 1372249.00 1374919 1390789 1383796 1385971
Gross National Product (NOK Million) 1422075.00 1454503 1426607 1439140 1436296
Gross Fixed Capital Formation (NOK Million) 286834.00 300193 297552 312756 289702
GDP from Mining (NOK Million) 1744.00 1698 1654 1491 1761
GDP from Agriculture (NOK Million) 6019.00 5927 6798 6148 6079
GDP from Manufacturing (NOK Million) 79871.00 81298 80694 80329 80670
GDP from Utilities (NOK Million) 31461.00 33971 33471 33334 31776
GDP from Construction (NOK Million) 58863.00 60173 59616 59734 59452
GDP from Public Administration (NOK Million) 74789.00 74335 74807 75374 75537
GDP (USD Billion) 483.73 490
GDP per Capita (USD) 79670.14 80626
GDP per Capita PPP (USD) 91108.24 92202
Full Year GDP Growth (%) 1.10 1.2

Labour Actual Q2/26 Q3/26 Q4/26 Q1/27
Unemployment Rate (%) 4.60 4.4 4.3 4.2 4.2
Long Term Unemployment Rate (%) 0.70 0.6 0.5 0.5 0.5
Youth Unemployment Rate (%) 11.20 11 10.9 10.8 10.8
Labour Costs (points) 130.82 155 139 136 136
Wages in Manufacturing (NOK/Month) 63510.00 63809 62155 63814 65923
Wage Growth (%) 4.41 4.4 4.2 4 3.8
Wages (NOK/Month) 63630.00 63997 61739 63534 66048
Population (Million) 5.59 5.64

Prices Actual Q2/26 Q3/26 Q4/26 Q1/27
Inflation Rate (%) 3.40 3.6 3.1 2.8 2.6
Consumer Price Index CPI (points) 102.80 104 104 104 105
Core Inflation Rate (%) 3.20 3.3 3.4 3.3 3
Core Consumer Prices (points) 102.70 104 104 104 105
GDP Deflator (points) 104.80 106 103 101 108
Producer Prices (points) 142.70 146 140 138 172
Producer Prices Change (%) 22.70 29 25 23 20
Food Inflation (%) 6.60 2.5 2.7 3 3
Core Inflation Rate MoM (%) 0.70 0.4 0.2 0.2 0.4
Inflation Rate MoM (%) 0.40 0.3 0.2 0.3 0.3
CPI Housing Utilities (points) 102.90 103 104 105 106
CPI Transportation (points) 103.10 103 104 104 104

Money Actual Q2/26 Q3/26 Q4/26 Q1/27
Interest Rate (%) 4.25 4.25 4.5 4.5 4.5
Interbank Rate (%) 4.25 4.25 4.5 4.5 4.5
Loans to Private Sector (NOK Million) 2151548.00 2190992 2182394 2191591 2237702
Deposit Interest Rate (%) 3.25 3.25 3.5 3.5 3.5
Loan Growth (%) 4.40 4.2 4.4 4.7 4.6
Lending Rate (%) 5.25 5.25 5.5 5.5 5.5
Private Debt to GDP (%) 175.30 184

Trade Actual Q2/26 Q3/26 Q4/26 Q1/27
Balance of Trade (NOK Million) 84219.00 44989 42060 84800 58900
Current Account (NOK Million) 153109.00 195000 195000 185000 175000
Exports (NOK Million) 176681.00 140700 138000 177700 162000
Imports (NOK Million) 92463.00 95711 95940 92900 103100
Crude Oil Production (BBL/D/1K) 1994.00 1850 1980 1940 1900
Current Account to GDP (% of GDP) 14.20 8.6

Business Actual Q2/26 Q3/26 Q4/26 Q1/27
Business Confidence (points) 1.20 -6 -3 1 4
Manufacturing Production MoM (%) 2.00 -0.4 0.5 0.4 0.7

Consumer Actual Q2/26 Q3/26 Q4/26 Q1/27
Retail Sales MoM (%) 0.30 0.5 -0.4 0.3 0.3
Consumer Confidence (points) -20.00 -20 -18 -17 -16
Retail Sales YoY (%) 0.90 2.7 2 2.3 2.1
Consumer Spending (NOK Million) 519808.00 519997 524478 531901 525006
Disposable Personal Income (NOK Million) 538077.00 427908 418799 426552 543458
Consumer Credit (NOK Million) 4708578.00 4602061 4657510 4715190 4738470
Gasoline Prices (USD/Liter) 2.08 2.93 2.51 2.09 2.09

Housing Actual Q2/26 Q3/26 Q4/26 Q1/27
Housing Index (points) 371.92 372 370 363 380
House Price Index YoY (%) 3.80 3.8 3.4 3 3.2
House Price Index MoM (%) 0.60 0.4 0.5 0.5 0.4

Government Actual Q2/26 Q3/26 Q4/26 Q1/27
Government Debt to GDP (% of GDP) 54.30 56
Government Budget (% of GDP) 10.40 7.5
Government Spending to GDP (% of GDP) 49.50 50.1