Norway | Economic Indicators


Markets Last Reference Previous Range
Currency 8.16 Jul/15 8.17 4.66 : 9.84
Government Bond 10Y 1.64 percent Jul/15 1.62 1.21 : 13.01
Stock Market 687 Index points Jul/15 683 14.84 : 696
GDP Last Reference Previous Range
GDP 500 USD Billion Dec/14 522 5.16 : 522
GDP Growth Rate 0.2 percent Mar/15 0.9 -2.6 : 3.6
GDP Annual Growth Rate 1.5 percent Mar/15 3 -4.4 : 9.8
GDP Constant Prices 773596 NOK Million Mar/15 771702 285627 : 773596
Gross National Product 785365 NOK Million Mar/15 816000 54049 : 816000
GDP per capita 67246 USD Dec/14 66512 17332 : 69095
Gross Fixed Capital Formation 171549 NOK Million Mar/15 172065 53394 : 179708
GDP per capita PPP 64020 USD Dec/14 63322 43296 : 65781
Labour Last Reference Previous Range
Unemployment Rate 4.3 percent May/15 4.2 2.4 : 4.7
Employed Persons 2652 Thousand May/15 2648 2341 : 2658
Unemployed Persons 91930 Jun/15 89761 22 : 188587
Job Vacancies 58600 Mar/15 52700 1395 : 78500
Long Term Unemployment Rate 1.2 percent Mar/15 1 0.3 : 1.2
Youth Unemployment Rate 9.7 percent Apr/15 9.3 6.5 : 15.7
Productivity 118 Index Points Mar/15 117 61.77 : 120
Wages in Manufacturing 152 Index Points Mar/15 147 78.9 : 152
Labour Costs 112 Index Points Dec/14 120 53.4 : 120
Population 5.17 Million Dec/14 5.05 3.57 : 5.17
Retirement Age Women 67 Dec/15 67 67 : 67
Retirement Age Men 67 Dec/15 67 67 : 67
Wages 42300 NOK/Month Dec/14 41000 20126 : 42300
Prices Last Reference Previous Range
Inflation Rate 2.6 percent Jun/15 2.1 -1.8 : 18.9
Consumer Price Index CPI 140 Index Points Jun/15 140 7.1 : 140
Core Inflation Rate 3.2 percent Jun/15 2.4 0 : 3.3
Harmonised Consumer Prices 121 Index Points Jun/15 120 82.9 : 121
Core Consumer Prices 132 Index Points Jun/15 131 108 : 132
GDP Deflator 101 Index Points Mar/15 102 22.92 : 104
Producer Prices 233 Index Points Jun/15 232 37.56 : 256
Producer Prices Change -4.9 percent Jun/15 -4.8 -18.6 : 33.9
Export Prices 131 Index Points Jun/15 131 57.64 : 131
Import Prices 124 Index Points Jun/15 126 71.76 : 126
Food Inflation 4.2 percent Jun/15 2.55 -7.07 : 19.75
Inflation Rate Mom 0.3 percent Jun/15 0.2 -1.72 : 5.45
Money Last Reference Previous Range
Interest Rate 1 percent Jun/15 1.25 1 : 11
Interbank Rate 1.26 percent Jul/15 1.33 1.26 : 17.38
Money Supply M0 87421 NOK Million Mar/15 106952 33111 : 167428
Money Supply M1 915603 NOK Million Mar/15 895975 66049 : 926193
Money Supply M2 2002866 NOK Million Mar/15 1966224 17026 : 2002866
Foreign Exchange Reserves 514822 NOK Million Jun/15 520532 21053 : 530786
Loans to Private Sector 1559439 NOK Million May/15 1536288 275742 : 1559439
Central Bank Balance Sheet 7515735 NOK Millions May/15 7322134 6389 : 7573582
Loan Growth 5.9 percent May/15 5.7 -4.4 : 24.2
Trade Last Reference Previous Range
Balance of Trade 16913 NOK Million Jun/15 21234 -5680 : 49063
Exports 70348 NOK Million Jun/15 67245 449 : 91593
Imports 53436 NOK Million Jun/15 46011 696 : 64381
Current Account 72620 NOK Million Mar/15 83277 -16087 : 139175
Current Account to GDP 8.5 percent Dec/14 10 -6.1 : 17.8
External Debt 0 NOK Million Mar/15 0 0 : 70780
Terms of Trade 106 Index Points Jun/15 104 75.84 : 116
Gold Reserves 36.7 Tonnes Dec/03 36.73 36.7 : 36.83
Crude Oil Production 1595 BBL/D/1K Mar/15 1599 2 : 3417
Foreign Direct Investment 23422 NOK Million Mar/15 -10580 -56009 : 118127
Government Last Reference Previous Range
Government Budget 9.1 percent of GDP Dec/14 11.3 3.2 : 18.7
Government Debt to GDP 26.4 percent Dec/14 29.3 26.4 : 53.8
Government Budget Value 19773 NOK Million Mar/15 8489 -36306 : 198910
Government Spending 163645 NOK Million Mar/15 163110 53226 : 163645
Government Spending to GDP 45.7 percent Dec/14 44 40.2 : 55.8
Credit Rating 97.77 :
Fiscal Expenditure 303314 NOK Million Mar/15 295256 74482 : 303314
Government Debt 607899 NOK Million Mar/15 485453 8631 : 734596
Government Revenues 323087 NOK Million Mar/15 303745 50596 : 404678
Business Last Reference Previous Range
Business Confidence -8 Jun/15 -4 -22.9 : 19.6
Manufacturing PMI 44 Jun/15 46.5 35.2 : 65.3
Industrial Production 4.2 percent May/15 -3.4 -13.07 : 15.41
Industrial Production Mom 0.7 percent May/15 -4.9 -9.34 : 12.34
Manufacturing Production -2.6 percent May/15 0.2 -10.43 : 8.9
Capacity Utilization 78.8 percent Mar/15 79.2 76.2 : 85.5
New Orders 120 Index Points Mar/15 130 39.7 : 171
Changes in Inventories 52309 NOK Million Mar/15 34366 -8317 : 56901
Bankruptcies 429 Companies May/15 344 43 : 595
Car Registrations 15723 Cars Jun/15 14478 4089 : 19014
Competitiveness Index 5.35 Points Dec/15 5.32 5.14 : 5.35
Competitiveness Rank 11 Dec/15 11 11 : 17
Corruption Index 86 Points Dec/14 86 79 : 91
Corruption Rank 5 Dec/14 5 5 : 14
Ease of Doing Business 6 Dec/14 9 6 : 10
Mining Production -14.65 percent May/15 6.6 -32.91 : 72.46
Consumer Last Reference Previous Range
Consumer Confidence 1.68 Jun/15 6.51 -17.4 : 34.9
Retail Sales MoM 1.01 percent Jun/15 -3.6 -8.97 : 15.36
Retail Sales YoY 4.06 percent Jun/15 -1.72 -3.5 : 8.7
Consumer Spending 310412 NOK Million Mar/15 308584 106991 : 310412
Disposable Personal Income 340549 NOK Million Mar/15 336571 176347 : 340549
Personal Savings 44232 NOK Million Mar/15 23506 -7906 : 44232
Consumer Credit 2788416 NOK Million May/15 2766636 448169 : 2788416
Gasoline Prices 1.8 USD/Liter May/15 1.9 1.19 : 2.63
Housing Last Reference Previous Range
Housing Index 185 Index Points Jun/15 180 32.5 : 185
Building Permits 2688 Jun/15 2360 761 : 5266
Home Ownership Rate 83.5 percent Dec/13 84.8 82.7 : 86.1
Taxes Last Reference Previous Range
Corporate Tax Rate 27 percent Dec/15 27 27 : 50.8
Personal Income Tax Rate 39 percent Dec/14 40 39 : 47.5
Sales Tax Rate 25 percent Dec/15 25 25 : 25
Social Security Rate 22.3 percent Dec/15 21.2 4.4 : 24.5
Social Security Rate For Companies 14.1 percent Dec/15 13 12.8 : 16.7
Social Security Rate For Employees 8.2 percent Dec/15 8.2 4.4 : 8.2




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. 7/31/2015