Norway GDP Growth Rate 1978-2014 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Norway expanded 0.50 percent in the third quarter of 2014 over the previous quarter. GDP Growth Rate in Norway averaged 0.65 Percent from 1978 until 2014, 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


Actual Previous Highest Lowest Dates Unit Frequency
0.50 1.10 3.60 -2.60 1978 - 2014 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 Monday, December 22, 2014.

Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-05-20 09:00 AM
GDP Growth Rate QoQ  Q1
0.3% -0.2% 1.0% 1.52%
2014-08-21 09:00 AM
GDP Growth Rate QoQ  Q2
0.9% 0.2% (R) 0.5% 0.4%
2014-11-20 09:00 AM
GDP Growth Rate QoQ  Q3
0.5% 1.1% (R) 0.3%
2015-02-12 09:00 AM
GDP Growth Rate QoQ  Q4
1.02%
2015-05-20 09:00 AM
GDP Growth Rate QoQ  Q1
1.28%
2015-08-21 09:00 AM
GDP Growth Rate QoQ  Q2
1.01%


Norway GDP Last Previous Highest Lowest Unit
GDP 512.58 500.03 512.58 5.20 USD Billion [+]
GDP Growth Rate 0.50 1.10 3.60 -2.60 percent [+]
GDP Annual Growth Rate 2.10 0.00 9.80 -4.40 percent [+]
GDP Constant Prices 766265.00 762401.00 766265.00 285627.00 NOK Million [+]
Gross National Product 767922.00 772170.00 800432.00 54049.00 NOK Million [+]
GDP per capita 65188.52 65616.50 67804.55 17331.90 USD [+]
Gross Fixed Capital Formation 178328.00 178729.00 178729.00 53394.00 NOK Million [+]
GDP per capita PPP 62448.02 62858.01 64954.07 42810.90 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.30 Aug/14 0.50 4.50 -2.00 percent [+]
Brazil 0.10 Aug/14 -0.60 4.50 -4.20 percent [+]
Canada 0.70 Aug/14 0.90 3.33 -1.80 percent [+]
China 1.90 Aug/14 2.00 2.50 1.40 percent [+]
Euro Area 0.20 Aug/14 0.10 1.30 -2.80 percent [+]
France 0.30 Aug/14 -0.10 1.60 -1.70 percent [+]
Germany 0.10 Aug/14 -0.10 2.10 -3.70 percent [+]
India 1.20 May/14 1.90 5.80 -1.90 percent [+]
Indonesia 2.96 Aug/14 2.49 3.82 -3.57 percent [+]
Italy -0.10 Aug/14 -0.20 6.00 -3.50 percent [+]
Japan -0.50 Aug/14 -1.90 3.20 -4.00 percent [+]
Mexico 0.50 Aug/14 0.90 2.90 -6.60 percent [+]
Netherlands 0.20 Aug/14 0.60 2.00 -2.20 percent [+]
Russia 0.04 Aug/14 0.14 4.10 -5.40 percent [+]
South Korea 0.90 Aug/14 0.50 6.80 -7.00 percent [+]
Spain 0.50 Aug/14 0.50 1.53 -1.60 percent [+]
Switzerland 0.60 Aug/14 0.30 1.90 -2.20 percent [+]
Turkey 0.40 Aug/14 -0.50 6.69 -7.57 percent [+]
United Kingdom 0.70 Aug/14 0.90 5.00 -2.70 percent [+]
United States 3.90 Aug/14 4.60 16.90 -10.00 percent [+]