Norway | Economic Indicators

Overview Last Reference
GDP Growth Rate 1.1 % Dec/16
Unemployment Rate 4.2 % Jan/17
Inflation Rate 2.5 % Feb/17
Interest Rate 0.5 % Mar/17
Balance of Trade 23539 NOK Million Feb/17
Government Debt to GDP 31.7 % Dec/15
Markets Last Reference
Currency 8.56 Mar/17
Stock Market 763 points Mar/17
Government Bond 10Y 1.66 % Mar/17
GDP Last Reference
GDP Growth Rate 1.1 % Dec/16
GDP Annual Growth Rate 1.8 % Dec/16
GDP 387 USD Billion Dec/15
GDP Constant Prices 809776 NOK Million Dec/16
Gross National Product 823091 NOK Million Dec/16
Gross Fixed Capital Formation 180313 NOK Million Dec/16
GDP per capita 89493 USD Dec/15
GDP per capita PPP 64272 USD Dec/15
GDP From Agriculture 4939 NOK Million Dec/16
GDP From Construction 45532 NOK Million Dec/16
GDP From Manufacturing 49080 NOK Million Dec/16
GDP From Mining 1161 NOK Million Dec/16
GDP From Public Administration 44155 NOK Million Dec/16
GDP From Utilities 4539 NOK Million Dec/16
Labour Last Reference
Unemployment Rate 4.2 % Jan/17
Employed Persons 2640 Thousand Feb/17
Unemployed Persons 98943 Feb/17
Labor Force Participation Rate 69.8 % Dec/16
Long Term Unemployment Rate 1.1 % Sep/16
Youth Unemployment Rate 10.3 % Dec/16
Labour Costs 115 Index Points Dec/16
Productivity 124 Index Points Dec/16
Job Vacancies 49000 Dec/16
Wage Growth 6 % Dec/16
Wages in Manufacturing 152 Index Points Dec/16
Population 5.21 Million Dec/16
Retirement Age Women 67 Dec/17
Retirement Age Men 67 Dec/17
Employment Change 0.1 % Sep/16
Employment Rate 74.7 % Sep/16
Full Time Employment 1882 Thousand Dec/16
Part Time Employment 650 Thousand Dec/16
Wages 43400 NOK/Month Dec/15
Prices Last Reference
Inflation Rate 2.5 % Feb/17
Consumer Price Index CPI 105 Index Points Feb/17
Harmonised Consumer Prices 105 Index Points Feb/17
Core Consumer Prices 104 Index Points Feb/17
Core Inflation Rate 1.6 % Feb/17
GDP Deflator 98.02 Index Points Dec/16
Producer Prices 232 Index Points Feb/17
Producer Prices Change 18.8 % Feb/17
Export Prices 139 Index Points Dec/16
Import Prices 131 Index Points Dec/16
Food Inflation 0.1 % Feb/17
Cpi Transportation 104 Index Points Feb/17
Inflation Rate Mom 0.4 % Feb/17
Money Last Reference
Interest Rate 0.5 % Mar/17
Interbank Rate 0.96 % Mar/17
Money Supply M0 83389 NOK Million Jan/17
Money Supply M1 1858794 NOK Million Jan/17
Money Supply M2 2044708 NOK Million Jan/17
Foreign Exchange Reserves 515255 NOK Million Feb/17
Loans to Private Sector 1621727 NOK Million Jan/17
Deposit Interest Rate -0.5 % Aug/16
Central Bank Balance Sheet 7913297 NOK Millions Nov/16
Lending Rate 1.5 % Aug/16
Loan Growth 5.1 % Jan/17
Private Debt to GDP 279 % Dec/15
Trade Last Reference
Balance of Trade 23539 NOK Million Feb/17
Exports 71244 NOK Million Feb/17
Imports 47704 NOK Million Feb/17
Current Account 59304 NOK Million Dec/16
Current Account to GDP 9 % Dec/15
External Debt 5247666 NOK Million Dec/16
Terms of Trade 106 Index Points Dec/16
Capital Flows 35688 NOK Million Dec/16
Gold Reserves 36.7 Tonnes Dec/03
Crude Oil Production 1784 BBL/D/1K Nov/16
Foreign Direct Investment -189382 NOK Million Dec/16
Terrorism Index 2.08 Dec/15
Weapons Sales 155 USD Million Dec/15
Government Last Reference
Government Debt to GDP 31.7 % Dec/15
Government Budget 5.7 % of GDP Dec/15
Government Budget Value -18920 NOK Million Sep/16
Government Spending 181956 NOK Million Dec/16
Government Spending to GDP 48.5 % Dec/15
Government Revenues 272071 NOK Million Sep/16
Government Debt 515617 NOK Million Dec/16
Fiscal Expenditure 290991 NOK Million Sep/16
Asylum Applications 410 persons Dec/16
Credit Rating 98.71
Military Expenditure 7377 USD Million Dec/15
Business Last Reference
Business Confidence 0 Dec/16
Manufacturing PMI 52.6 Feb/17
Industrial Production 1.3 % Jan/17
Industrial Production Mom 3.4 % Jan/17
Manufacturing Production -0.9 % Jan/17
Capacity Utilization 76.8 % Dec/16
New Orders 107 Index Points Dec/16
Changes in Inventories 38054 NOK Million Dec/16
Bankruptcies 419 Companies and persons Feb/17
Car Registrations 15265 Cars Feb/17
Competitiveness Index 5.44 Points Dec/17
Competitiveness Rank 11 Dec/17
Corruption Index 85 Points Dec/16
Corruption Rank 6 Dec/16
Ease of Doing Business 6 Dec/16
Electricity Production 15311 Gigawatt-hour Jan/17
Mining Production 32.9 % Jan/17
Steel Production 50.97 Thousand Tonnes Feb/17
Consumer Last Reference
Consumer Confidence 5.2 Mar/17
Retail Sales MoM 1 % Feb/17
Retail Sales YoY 1 % Feb/17
Consumer Spending 335409 NOK Million Dec/16
Disposable Personal Income 347777 NOK Million Dec/16
Personal Savings 7.7 % Dec/16
Consumer Credit 3080216 NOK Million Jan/17
Gasoline Prices 1.79 USD/Liter Jan/17
Household Spending 0.9 % Nov/16
Households Debt To Gdp 101 % of GDP Sep/16
Households Debt To Income 189 % Dec/15
Housing Last Reference
Housing Index 199 Index Points Dec/16
Building Permits 2608 Feb/17
Home Ownership Rate 82.8 % Dec/15
Housing Starts 3141 Feb/17
New Home Sales 35621 Dec/16
Taxes Last Reference
Corporate Tax Rate 25 % Dec/16
Personal Income Tax Rate 38.7 % Dec/16
Sales Tax Rate 25 % Dec/16
Social Security Rate 22.3 % Dec/16
Social Security Rate For Companies 14.1 % Dec/16
Social Security Rate For Employees 8.2 % Dec/16




Economic Indicators for Norway including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Norway economy. 3/30/2017