Markets Actual Q3/25 Q4/25 Q1/26 Q2/26
Stock Market (points) 1869.03 1858 1847 1836 1825
Currency 9.97 10.01 10.06 10.11 10.15
Government Bond 10Y (%) 3.97 3.95 3.94 3.92 3.91

Overview Actual Q3/25 Q4/25 Q1/26 Q2/26
GDP Growth Rate (%) 0.80 0.6 0.3 0.4 0.5
GDP Annual Growth Rate (%) -2.10 0.6 1.1 1.4 1.2
Unemployment Rate (%) 4.50 4.1 4.2 4.1 4
Inflation Rate (%) 3.30 3.7 2.7 2.1 2.2
Interest Rate (%) 4.25 4 3.75 3.75 3.75
Balance of Trade (NOK Million) 54004.00 38000 75200 57500 66100
Current Account (NOK Million) 217848.00 205000 208000 215000 195000
Manufacturing PMI (points) 49.60 50.5 52 52.5 52.9
Business Confidence (points) 0.90 1 -1 2 5
Retail Sales MoM (%) 0.60 -0.3 0.1 0.2 0.5
Consumer Confidence (points) -3.60 -12 -5 2 0
Current Account to GDP (% of GDP) 16.70 13.8
Government Debt to GDP (% of GDP) 55.10 55.5
Government Budget (% of GDP) 13.20 11.5

GDP Actual Q3/25 Q4/25 Q1/26 Q2/26
GDP Growth Rate (%) 0.80 0.6 0.3 0.4 0.5
GDP Annual Growth Rate (%) -2.10 0.6 1.1 1.4 1.2
GDP Constant Prices (NOK Million) 1463607.00 1471603 1465588 1471808 1481170
Gross National Product (NOK Million) 1426470.00 1360393 1381136 1453721 1443588
Gross Fixed Capital Formation (NOK Million) 276776.00 260332 266873 279869 280097
GDP from Agriculture (NOK Million) 6185.00 7376 6012 6334 6259
GDP from Utilities (NOK Million) 8093.00 8137 8185 8387 8190
GDP from Mining (NOK Million) 1591.00 1591 1663 1576 1610
GDP from Construction (NOK Million) 57332.00 58443 57876 58466 58020
GDP from Public Administration (NOK Million) 69056.00 67928 68769 69444 69885
GDP from Manufacturing (NOK Million) 75604.00 73329 73380 74864 76511
GDP (USD Billion) 483.73 484
GDP per Capita (USD) 79670.14 79750
GDP per Capita PPP (USD) 91108.24 91199
Full Year GDP Growth (%) 2.10 0.1

Labour Actual Q3/25 Q4/25 Q1/26 Q2/26
Unemployment Rate (%) 4.50 4.1 4.2 4.1 4
Long Term Unemployment Rate (%) 0.60 0.2 0.3 0.2 0.1
Youth Unemployment Rate (%) 13.70 13.3 13.4 13.3 13.2
Labour Costs (points) 153.09 139 137 139 159
Wages in Manufacturing (NOK/Month) 61120.00 59095 60967 63263 63443
Wage Growth (%) 4.80 4.5 4.2 4 3.8
Wages (NOK/Month) 61300.00 59105 60936 63398 63629
Population (Million) 5.55 5.59

Prices Actual Q3/25 Q4/25 Q1/26 Q2/26
Inflation Rate (%) 3.30 3.7 2.7 2.1 2.2
Consumer Price Index CPI (points) 138.90 139 138 139 141
Harmonised Consumer Prices (points) 140.50 140 140 140 142
Core Inflation Rate (%) 3.10 3.1 3 2.7 2.9
Core Consumer Prices (points) 135.50 135 135 136 138
GDP Deflator (points) 91.50 91.88 92.94 96.89 93.51
Producer Prices (points) 115.30 114 126 127 117
Producer Prices Change (%) -0.30 -1.4 -0.3 1.5 2
Food Inflation (%) 5.90 3.6 4 3.3 2.5
Core Inflation Rate MoM (%) 0.80 0.1 0.2 0.3 0.4
Inflation Rate MoM (%) 0.80 0.2 0.3 0.4 0.3
CPI Transportation (points) 143.40 144 144 145 145
CPI Housing Utilities (points) 140.20 140 142 142 144

Money Actual Q3/25 Q4/25 Q1/26 Q2/26
Interest Rate (%) 4.25 4 3.75 3.75 3.75
Interbank Rate (%) 4.25 4 3.75 3.75 3.75
Loans to Private Sector (NOK Million) 2100631.00 2081559 2071683 2107747 2127657
Deposit Interest Rate (%) 3.25 3 2.75 2.75 2.75
Loan Growth (%) 4.10 4 4.1 4.2 4.3
Lending Rate (%) 5.25 5 4.75 4.75 4.75
Private Debt to GDP (%) 186.20 185

Trade Actual Q3/25 Q4/25 Q1/26 Q2/26
Balance of Trade (NOK Million) 54004.00 38000 75200 57500 66100
Current Account (NOK Million) 217848.00 205000 208000 215000 195000
Exports (NOK Million) 142191.00 132000 169400 149000 159000
Imports (NOK Million) 88187.00 94000 94200 91500 92900
Crude Oil Production (BBL/D/1K) 1795.00 1880 1875 1890 1840
Current Account to GDP (% of GDP) 16.70 13.8

Business Actual Q3/25 Q4/25 Q1/26 Q2/26
Manufacturing PMI (points) 49.60 50.5 52 52.5 52.9
Business Confidence (points) 0.90 1 -1 2 5
Manufacturing Production MoM (%) 0.00 0.6 0.4 0.6 -0.4

Consumer Actual Q3/25 Q4/25 Q1/26 Q2/26
Retail Sales MoM (%) 0.60 -0.3 0.1 0.2 0.5
Consumer Confidence (points) -3.60 -12 -5 2 0
Retail Sales YoY (%) 5.10 0.9 1.2 1.5 1.7
Consumer Spending (NOK Million) 476603.00 471571 472786 482369 482322
Disposable Personal Income (NOK Million) 365180.00 358902 362955 370293 369562
Consumer Credit (NOK Million) 4559579.00 4440022 4498753 4544919 4602069
Gasoline Prices (USD/Liter) 2.11 2.13 2.14 2.16 2.17
Household Spending (%) 3.80 2.5 3.2 2.8 3.2

Housing Actual Q3/25 Q4/25 Q1/26 Q2/26
Housing Index (points) 360.54 355 352 377 387
House Price Index YoY (%) 5.50 4.5 4.9 5.5 8
House Price Index MoM (%) 0.60 0.5 0.3 0.5 0.3

Government Actual Q3/25 Q4/25 Q1/26 Q2/26
Government Debt to GDP (% of GDP) 55.10 55.5
Government Budget (% of GDP) 13.20 11.5
Government Spending to GDP (% of GDP) 49.30 46