Norway | Economic Indicators


Markets Last Reference Previous Range
Currency 7.65  Feb/15 7.65 4.66 : 9.84
Government Bond 10Y 1.4 percent Feb/15 1.4 1.21 : 13.01
Stock Market 616 Index points Feb/15 616 14.84 : 631
GDP Last Reference Previous Range
GDP 513 USD Billion Dec/13 513 5.2 : 513
GDP Growth Rate 0.9 percent Nov/14 0.9 -2.6 : 3.6
GDP Annual Growth Rate 3.2 percent Nov/14 3.2 -4.4 : 9.8
GDP Constant Prices 772327 NOK Million Nov/14 772327 285627 : 772327
Gross National Product 841494 NOK Million Nov/14 841494 54049 : 841494
GDP per capita 65189 USD Dec/13 65189 17332 : 67805
Gross Fixed Capital Formation 173907 NOK Million Nov/14 173907 53394 : 179708
GDP per capita PPP 62448 USD Dec/13 62448 42811 : 64954
Labour Last Reference Previous Range
Unemployment Rate 3.7 percent Dec/14 3.7 2.3 : 4.7
Employed Persons 2665 Thousand Dec/14 2665 2341 : 2665
Unemployed Persons 95 Thousand Nov/14 95 22 : 135
Job Vacancies 54700  Aug/14 54700 1395 : 78500
Long Term Unemployment Rate 0.8 percent Aug/14 0.8 0.3 : 1
Youth Unemployment Rate 7.4 percent Nov/14 7.4 6.5 : 15.7
Productivity 117 Index Points Nov/14 117 61.77 : 120
Wages in Manufacturing 147 Index Points Nov/14 147 78.9 : 148
Labour Costs 120 Index Points Aug/14 120 53.4 : 120
Population 5.16 Million Dec/14 5.16 3.58 : 5.16
Retirement Age Women 67  Jan/13 67 67 : 67
Retirement Age Men 67  Jan/13 67 67 : 67
Prices Last Reference Previous Range
Inflation Rate percent Jan/15 2 -1.8 : 18.9
Consumer Price Index CPI 138 Index Points Jan/15 138 7.1 : 138
Core Inflation Rate 2.39 percent Jan/15 2.39 0 : 3.3
Harmonised Consumer Prices 119 Index Points Jan/15 119 82.9 : 119
Core Consumer Prices 129 Index Points Jan/15 129 108 : 129
GDP Deflator 102 Index Points Nov/14 102 22.92 : 104
Producer Prices 224 Index Points Jan/15 224 37.56 : 256
Producer Prices Change -12.4 percent Jan/15 -12.4 -18.6 : 33.9
Export Prices 128 Index Points Nov/14 128 57.64 : 130
Import Prices 124 Index Points Nov/14 124 71.76 : 124
Food Inflation 2.38 percent Jan/15 2.38 -7.07 : 19.75
Inflation Rate Mom -0.1 percent Jan/15 -0.1 -1.72 : 5.45
Money Last Reference Previous Range
Interest Rate 1.25 percent Jan/15 1.25 1.25 : 11
Interbank Rate 1.34 percent Feb/15 1.34 1.32 : 17.38
Money Supply M0 130771 NOK Million Dec/14 130771 33111 : 167428
Money Supply M1 901313 NOK Million Dec/14 901313 66049 : 926193
Money Supply M2 1983887 NOK Million Dec/14 1983887 17026 : 1983887
Foreign Exchange Reserves 508470 NOK Million Jan/15 508470 21053 : 508470
Loans to Private Sector 1512415 NOK Million Dec/14 1512415 275742 : 1512415
Central Bank Balance Sheet 6598758 NOK Millions Nov/14 6598758 6389 : 6598758
Loan Growth 5.4 percent Dec/14 5.4 -4.4 : 24.2
Trade Last Reference Previous Range
Balance of Trade 27100 NOK Million Jan/15 27100 -5680 : 48270
Exports 71577 NOK Million Jan/15 71577 449 : 90991
Imports 44477 NOK Million Jan/15 44477 696 : 57202
Current Account 52300 NOK Million Aug/14 52300 -16087 : 139175
Current Account to GDP 11 percent Dec/13 11 -6.1 : 17.8
External Debt NOK Million Nov/14 0 0 : 70780
Terms of Trade 103 Index Points Nov/14 103 75.84 : 116
Gold Reserves 36.7 Tonnes Nov/03 36.7 36.7 : 36.83
Crude Oil Production 1619 BBL/D/1K Oct/14 1619 2 : 3417
Government Last Reference Previous Range
Government Budget 11.1 percent of GDP Dec/13 11.1 7.3 : 18.8
Government Debt to GDP 29.52 percent Dec/13 29.52 28.4 : 53.8
Government Budget Value 30874 NOK Million Aug/14 30874 -36306 : 198910
Government Spending 163113 NOK Million Nov/14 163113 53226 : 163113
Government Spending to GDP 44.7 percent Dec/13 44.7 39.8 : 55.8
Credit Rating 97.77  97.77 :
Business Last Reference Previous Range
Business Confidence -1.6  Nov/14 -1.6 -22.9 : 19.6
Manufacturing PMI 51.9  Jan/15 51.9 35.2 : 65.3
Industrial Production 3.5 percent Dec/14 3.5 -13.07 : 15.41
Industrial Production Mom 0.3 percent Dec/14 0.3 -9.34 : 12.34
Manufacturing Production 4.4 percent Dec/14 4.4 -10.43 : 8.9
Capacity Utilization 79.4 percent Nov/14 79.4 76.2 : 85.5
New Orders 129 Index Points Nov/14 129 39.7 : 171
Changes in Inventories 34419 NOK Million Nov/14 34419 -8317 : 56901
Bankruptcies 405 Companies Jan/15 405 43 : 595
Car Registrations 13626 Cars Jan/15 13626 4087 : 19014
Consumer Last Reference Previous Range
Consumer Confidence 7.38  Feb/15 7.38 -17.4 : 34.9
Retail Sales MoM -0.7 percent Jan/15 -0.7 -5.5 : 3.2
Retail Sales YoY 1.91 percent Jan/15 1.91 -3.5 : 8.7
Consumer Spending 309577 NOK Million Nov/14 309577 106991 : 309577
Disposable Personal Income 336960 NOK Million Nov/14 336960 176347 : 336960
Personal Savings 23241 NOK Million Nov/14 23241 -7906 : 42145
Consumer Credit 2718358 NOK Million Dec/14 2718358 448169 : 2718358
Housing Last Reference Previous Range
Housing Index 173 Index Points Nov/14 173 32.5 : 174
Building Permits 2479 Units Jan/15 2479 761 : 5266
Taxes Last Reference Previous Range
Corporate Tax Rate 27 percent Jan/14 27 27 : 50.8
Personal Income Tax Rate 39 percent Jan/14 39 39 : 47.5
Sales Tax Rate 25 percent Jan/14 25 25 : 25
Social Security Rate 20.8 percent Jan/13 20.8 4.4 : 24.5
Social Security Rate For Companies 13 percent Jan/13 13 12.8 : 16.7
Social Security Rate For Employees 7.8 percent Jan/13 7.8 4.4 : 7.8




This page includes a list of indicators for Norway. Norway | Economic Indicators - provides data from several countries including actual values, consensus figures, forecasts, historical time series and news. 3/1/2015