Norway GDP Growth Rate 1978-2015 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Norway expanded 0.20 percent in the first quarter of 2015 over the previous quarter. GDP Growth Rate in Norway averaged 0.65 percent from 1978 until 2015, reaching an all time high of 3.60 percent in the first quarter of 1980 and a record low of -2.60 percent in the third quarter of 1987. GDP Growth Rate in Norway is reported by the Statistics Norway.

      Forecast
Norway GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.90 3.60 -2.60 1978 - 2015 percent Quarterly
The Norwegian economy features a combination of free market activity and government intervention. The government controls key areas, such as the vital petroleum sector, through large-scale state enterprises. The country is richly endowed with natural resources - petroleum, hydropower, fish, forests, and minerals - and is highly dependent on the petroleum sector, which accounts for nearly half of exports and over 30% of state revenue. This page provides - Norway GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Norway GDP Growth Rate - was last refreshed on Wednesday, July 29, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2014-11-20 09:00 AM Q3 0.5% 1.1% (R) 0.3%
2015-02-11 09:00 AM Q4 0.9% 0.5% 0.4% 0.3%
2015-05-20 09:00 AM Q1 0.2% 0.9% -0.1% 0.1%
2015-08-20 09:00 AM Q2 0.2% 0.36%
2015-11-17 09:00 AM Q3 0.1%

Norway GDP Last Previous Highest Lowest Unit
GDP 500.10 522.35 522.35 5.16 USD Billion [+]
GDP Growth Rate 0.20 0.90 3.60 -2.60 percent [+]
GDP Annual Growth Rate 1.50 3.00 9.80 -4.40 percent [+]
GDP Constant Prices 773596.00 771702.00 773596.00 285627.00 NOK Million [+]
Gross National Product 785365.00 816000.00 816000.00 54049.00 NOK Million [+]
GDP per capita 67245.60 66511.86 69094.75 17331.90 USD [+]
Gross Fixed Capital Formation 171549.00 172065.00 179708.00 53394.00 NOK Million [+]
GDP per capita PPP 64020.45 63321.90 65780.91 43295.95 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.90 Mar/15 0.50 4.50 -2.00 percent [+]
Brazil -0.20 Mar/15 0.30 4.50 -4.20 percent [+]
Canada -0.10 Mar/15 0.60 3.33 -1.80 percent [+]
China 1.70 Jun/15 1.40 2.50 1.40 percent [+]
Euro Area 0.40 Mar/15 0.40 1.30 -2.90 percent [+]
France 0.60 Mar/15 0.10 7.70 -5.00 percent [+]
Germany 0.30 Mar/15 0.70 2.10 -3.70 percent [+]
India 4.10 Mar/15 3.10 7.40 -3.40 percent [+]
Indonesia -0.18 Mar/15 -2.06 3.83 -3.57 percent [+]
Italy 0.30 Mar/15 0.00 6.00 -3.50 percent [+]
Japan 1.00 Mar/15 0.30 3.20 -4.00 percent [+]
Mexico 0.40 Mar/15 0.70 2.90 -6.60 percent [+]
Netherlands 0.60 Mar/15 0.90 2.00 -2.20 percent [+]
Russia -1.29 Mar/15 -0.55 4.10 -5.40 percent [+]
South Korea 0.30 Jun/15 0.80 6.80 -7.00 percent [+]
Spain 1.00 Jun/15 0.90 1.53 -1.60 percent [+]
Switzerland -0.20 Mar/15 0.50 1.90 -2.20 percent [+]
Turkey 1.30 Mar/15 0.80 6.69 -7.57 percent [+]
United Kingdom 0.70 Jun/15 0.40 5.00 -2.70 percent [+]
United States -0.20 Mar/15 2.20 16.90 -10.00 percent [+]