Norway | Economic Indicators

Overview Last Reference
GDP Growth Rate 1.1 % Dec/16
Unemployment Rate 4.4 % Dec/16
Inflation Rate 2.8 % Jan/17
Interest Rate 0.5 % Jan/17
Balance of Trade 25046 NOK Million Jan/17
Government Debt to GDP 31.7 % Dec/15
Markets Last Reference
Currency 8.38 Feb/17
Stock Market 763 points Feb/17
Government Bond 10Y 1.64 % Feb/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 4.4 % Dec/16
Employed Persons 2637 Thousand Dec/16
Unemployed Persons 99923 Jan/17
Labor Force Participation Rate 69.8 % Dec/16
Long Term Unemployment Rate 1.1 % Sep/16
Youth Unemployment Rate 10.7 % Nov/16
Labour Costs 115 Index Points Dec/16
Productivity 124 Index Points Dec/16
Job Vacancies 56700 Jun/16
Wage Growth 11.6 % Sep/16
Wages in Manufacturing 156 Index Points Sep/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 2.8 % Jan/17
Consumer Price Index CPI 104 Index Points Jan/17
Harmonised Consumer Prices 104 Index Points Jan/17
Core Consumer Prices 103 Index Points Jan/17
Core Inflation Rate 2.1 % Jan/17
GDP Deflator 98.02 Index Points Dec/16
Producer Prices 226 Index Points Jan/17
Producer Prices Change 12.6 % Jan/17
Export Prices 139 Index Points Dec/16
Import Prices 131 Index Points Dec/16
Food Inflation 2 % Jan/17
Cpi Transportation 104 Index Points Jan/17
Inflation Rate Mom -0.1 % Jan/17
Money Last Reference
Interest Rate 0.5 % Jan/17
Interbank Rate 1.05 % Feb/17
Money Supply M0 89279 NOK Million Dec/16
Money Supply M1 1842774 NOK Million Dec/16
Money Supply M2 2017151 NOK Million Dec/16
Foreign Exchange Reserves 522369 NOK Million Nov/16
Loans to Private Sector 1608984 NOK Million Dec/16
Deposit Interest Rate -0.5 % Aug/16
Central Bank Balance Sheet 7913297 NOK Millions Nov/16
Lending Rate 1.5 % Aug/16
Loan Growth 4.8 % Dec/16
Private Debt to GDP 279 % Dec/15
Trade Last Reference
Balance of Trade 25046 NOK Million Jan/17
Exports 73816 NOK Million Jan/17
Imports 48771 NOK Million Jan/17
Current Account 24898 NOK Million Sep/16
Current Account to GDP 9 % Dec/15
External Debt 0 NOK Million Sep/16
Terms of Trade 106 Index Points Dec/16
Capital Flows 28191 NOK Million Sep/16
Gold Reserves 36.7 Tonnes Dec/03
Crude Oil Production 1784 BBL/D/1K Nov/16
Foreign Direct Investment 26658 NOK Million Jun/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 51.4 Jan/17
Industrial Production -1.4 % Dec/16
Industrial Production Mom -2.7 % Dec/16
Manufacturing Production -2 % Dec/16
Capacity Utilization 76.8 % Dec/16
New Orders 107 Index Points Dec/16
Changes in Inventories 38054 NOK Million Dec/16
Bankruptcies 372 Companies and persons Jan/17
Car Registrations 16757 Cars Jan/17
Competitiveness Index 5.44 Points Dec/17
Competitiveness Rank 11 Dec/17
Corruption Index 87 Points Dec/15
Corruption Rank 6 Dec/16
Ease of Doing Business 6 Dec/16
Electricity Production 14110 Gigawatt-hour Dec/16
Mining Production 10.3 % Dec/16
Steel Production 45 Thousand Tonnes Jan/17
Consumer Last Reference
Consumer Confidence 5.2 Mar/17
Retail Sales MoM -2.1 % Dec/16
Retail Sales YoY -2.2 % Dec/16
Consumer Spending 335409 NOK Million Dec/16
Disposable Personal Income 342808 NOK Million Jun/16
Personal Savings 5.8 % Jun/16
Consumer Credit 3056995 NOK Million Dec/16
Gasoline Prices 1.61 USD/Liter Dec/16
Household Spending 0.9 % Nov/16
Households Debt To Gdp 98.9 % of GDP Jun/16
Households Debt To Income 189 % Dec/15
Housing Last Reference
Housing Index 199 Index Points Dec/16
Building Permits 3062 Jan/17
Home Ownership Rate 82.8 % Dec/15
Housing Starts 3099 Jan/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. 2/25/2017