Norway
Capital: OsloRegion: Europe & Central AsiaIncome: High income
Norway's GDP is $547.69B (2026), with a population of 5.6M, and GDP per capita of $96,580. Key indicators include real GDP growth of 1.6%, inflation at 2.4%, unemployment at 4.2%, government debt at 42.5% of GDP, life expectancy of 83.1 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators. Explore Norway's full economic profile with 440+ indicators, interactive charts, and historical data below.
Source: IMF World Economic Outlook
Economy
Stock Markets
| Indicator | Value | Year |
|---|---|---|
| Oslo All Share | 2,424.13 | 2026 |
Financial Markets
| Indicator | Value | Year |
|---|---|---|
| 10-Year Government Bond Yield (%) | 3.95% | 2025 |
| Central Bank Policy Rate (%) | 4.30% | 2025 |
| Exchange Rate (per USD) | 9.77 | 2026 |
Currencies
| Indicator | Value | Year |
|---|---|---|
| USD/NOK | 9.7586 | 2026 |
Fiscal & Monetary
| Indicator | Value | Year |
|---|---|---|
| Inflation, Consumer Prices (%) | 2.4% | 2026 |
| Govt Gross Debt (% of GDP) | 42.5% | 2026 |
| Fiscal Balance (% of GDP) | 10.7% | 2026 |
| Current Account Balance (% of GDP) | 15.9% | 2026 |
| Unemployment Rate (%) | 4.2% | 2026 |
| Inflation, CPI (%, World Bank) | 3.1% | 2024 |
| Real Interest Rate (%) | 6.4% | 2024 |
| Lending Interest Rate (%) | 6.1% | 2024 |
| Deposit Interest Rate (%) | 3.3% | 2024 |
| Government Revenue (% of GDP) | 54.2% | 2023 |
| Government Expenditure (% of GDP) | 35.9% | 2023 |
| Tax Revenue (% of GDP) | 27.1% | 2023 |
| Taxes on Goods & Services (% of revenue) | 18.0% | 2023 |
| Taxes on International Trade (% of revenue) | 0.1% | 2023 |
| Taxes on Income, Profits & Capital Gains (% of rev) | 31.2% | 2023 |
| Net Investment in Nonfinancial Assets (% of GDP) | 3.1% | 2023 |
| Total Reserves incl. Gold (USD) | $81.24B | 2024 |
| Total Reserves (months of imports) | 4.6 | 2024 |
| Official Exchange Rate (per USD) | 10.75 | 2024 |
| PPP Conversion Factor | 9.14 | 2024 |
| Broad Money (% of GDP) | 61.4% | 2024 |
Trade
| Indicator | Value | Year |
|---|---|---|
| Trade (% of GDP) | 81.4% | 2024 |
| Exports of Goods & Services (% of GDP) | 47.5% | 2024 |
| Imports of Goods & Services (% of GDP) | 33.9% | 2024 |
| Exports of Goods & Services (USD) | $229.67B | 2024 |
| Imports of Goods & Services (USD) | $163.80B | 2024 |
| Merchandise Exports (USD) | $167.92B | 2024 |
| Merchandise Imports (USD) | $99.79B | 2024 |
| FDI Inflows (% of GDP) | 2.5% | 2024 |
| FDI Outflows (% of GDP) | 1.0% | 2024 |
| FDI Net Inflows (USD) | $12.04B | 2024 |
| Personal Remittances Received (USD) | $947.0M | 2024 |
| Personal Remittances Received (% of GDP) | 0.2% | 2024 |
| High-Tech Exports (% of manufactured) | 25.4% | 2024 |
| Current Account Balance (% of GDP) | 14.8% | 2024 |
| Current Account Balance (USD) | $71.65B | 2024 |
Finance
| Indicator | Value | Year |
|---|---|---|
| Domestic Credit by Financial Sector (% of GDP) | 129.7% | 2024 |
| Domestic Credit to Private Sector (% of GDP) | 128.9% | 2024 |
| Bank Capital to Assets Ratio (%) | 7.5% | 2023 |
| Bank Nonperforming Loans (%) | 0.4% | 2023 |
| Account Ownership at Financial Institution (%) | 98.6% | 2024 |
| Account Ownership, Female (%) | 97.8% | 2024 |
| Account Ownership, Male (%) | 99.3% | 2024 |
People
| Indicator | Value | Year |
|---|---|---|
| Population | 5.6M | 2024 |
| Population Growth (%) | 0.9% | 2024 |
| Population Density (per km²) | 15 | 2023 |
| Surface Area (sq km) | 624,500 | 2023 |
| Land Area (sq km) | 364,270 | 2023 |
| Urban Population (%) | 83.3% | 2024 |
| Urban Population (total) | 4.6M | 2024 |
| Rural Population (%) | 16.7% | 2024 |
| Life Expectancy at Birth | 83.1 years | 2023 |
| Life Expectancy, Male | 81.6 years | 2023 |
| Life Expectancy, Female | 84.7 years | 2023 |
| Fertility Rate (births per woman) | 1.4 | 2023 |
| Birth Rate (per 1,000) | 9.4 | 2023 |
| Death Rate (per 1,000) | 7.9 | 2023 |
| Net Migration | 29,798 | 2025 |
| Population Ages 0–14 (%) | 16.2% | 2024 |
| Population Ages 15–64 (%) | 65.0% | 2024 |
| Population Ages 65+ (%) | 18.8% | 2024 |
| Age Dependency Ratio (%) | 53.8% | 2024 |
| Old-Age Dependency Ratio (%) | 28.9% | 2024 |
| Youth Dependency Ratio (%) | 24.9% | 2024 |
| Mortality Rate, Adult Male (per 1,000) | 60.7 | 2023 |
| Mortality Rate, Adult Female (per 1,000) | 39 | 2023 |
Labor
| Indicator | Value | Year |
|---|---|---|
| Total Labor Force | 3.1M | 2025 |
| Labor Force Participation (%) | 65.6% | 2025 |
| Female Labor Force Participation (%) | 62.1% | 2025 |
| Male Labor Force Participation (%) | 69.1% | 2025 |
| Unemployment (%) | 4.6% | 2025 |
| Female Unemployment (%) | 4.3% | 2025 |
| Male Unemployment (%) | 4.9% | 2025 |
| Youth Unemployment (%) | 13.4% | 2025 |
| Employment in Agriculture (%) | 2.5% | 2025 |
| Employment in Industry (%) | 17.8% | 2025 |
| Employment in Services (%) | 79.7% | 2025 |
| Self-Employed (%) | 65.5% | 2024 |
| Vulnerable Employment (%) | 4.2% | 2025 |
| Wage & Salaried Workers (% of total) | 95.1% | 2025 |
| Part-Time Employment (%) | 51.1% | 2024 |
| Employers (% of total employment) | 0.7% | 2025 |
| Labor Force, Female (% of total) | 47.1% | 2025 |
| Employment to Population Ratio (%) | 62.6% | 2025 |
| Self-Employed (% of total) | 4.9% | 2025 |
| NEET Youth (% not in education/employment) | 6.0% | 2024 |
Education
| Indicator | Value | Year |
|---|---|---|
| Education Spending (% of GDP) | 5.5% | 2022 |
| Education Spending (% of govt expenditure) | 14.5% | 2022 |
| Primary School Enrollment (%) | 98.6% | 2023 |
| Secondary School Enrollment (%) | 117.8% | 2023 |
| Tertiary School Enrollment (%) | 95.1% | 2023 |
| Primary Completion Rate (%) | 98.9% | 2023 |
| Lower Secondary Completion Rate (%) | 99.2% | 2023 |
| Out-of-School Children, Primary | 5,825 | 2023 |
| Out-of-School Girls, Primary | 3,033 | 2023 |
| Primary School Teachers | 51,501 | 2023 |
| Secondary School Teachers | 58,126 | 2023 |
| Pupil-Teacher Ratio, Primary | 9 | 2017 |
| Pupil-Teacher Ratio, Secondary | 9 | 2017 |
| Expenditure per Student, Primary (% of GDP/cap) | 22.8% | 2016 |
| Pupil-Teacher Ratio (Primary) | 99.3 | 2021 |
| Education Spending, Secondary (% of govt) | 28.6% | 2016 |
| Education Spending, Tertiary (% of govt) | 26.7% | 2016 |
Health
Energy & Environment
| Indicator | Value | Year |
|---|---|---|
| CO₂ Emissions (tonnes per capita) | 7.2 | 2024 |
| CO₂ Emissions (total kilotonnes) | 40 | 2024 |
| Energy Use (kg oil eq. per capita) | 4,885 | 2023 |
| Electric Power Consumption (kWh per capita) | 23,520 | 2023 |
| Renewable Electricity Output (%) | 99.1% | 2021 |
| Renewable Energy Consumption (%) | 61.4% | 2021 |
| Access to Electricity (%) | 100.0% | 2023 |
| Access to Clean Fuels for Cooking (%) | 100.0% | 2023 |
| PM2.5 Air Pollution (µg/m³) | 6.1 | 2020 |
| Forest Area (%) | 33.5% | 2023 |
| Forest Area (sq km) | 122,034 | 2023 |
| Arable Land (%) | 2.2% | 2023 |
| Terrestrial Protected Areas (%) | 5.4% | 2024 |
| Marine Protected Areas (%) | 1.0% | 2024 |
| Access to Basic Drinking Water (%) | 100.0% | 2024 |
| Access to Basic Sanitation (%) | 98.0% | 2024 |
Agriculture
| Indicator | Value | Year |
|---|---|---|
| Agricultural Land (%) | 2.7% | 2023 |
| Cereal Yield (kg per hectare) | 2,768 | 2023 |
| Food Production Index (2014–2016=100) | 102.7 | 2022 |
| Crop Production Index (2014–2016=100) | 101.8 | 2022 |
| Livestock Production Index (2014–2016=100) | 102.8 | 2022 |
| Land Under Cereal Production (hectares) | 283,606 | 2023 |
| Total Fisheries Production (metric tonnes) | 2.5M | 2023 |
| Fertilizer Consumption (kg per hectare) | 205.1 | 2023 |
| Prevalence of Undernourishment (%) | 2.5% | 2023 |
| Annual Freshwater Withdrawals (% of internal) | 0.7% | 2022 |
| Cereal Production (metric tons) | 785,000 | 2023 |
Technology
| Indicator | Value | Year |
|---|---|---|
| Internet Users (%) | 99.0% | 2023 |
| Mobile Subscriptions (per 100 people) | 112 | 2022 |
| Fixed Broadband Subscriptions (per 100) | 45.4 | 2023 |
| Secure Internet Servers (per million) | 35,469.9 | 2024 |
| R&D Spending (% of GDP) | 1.56% | 2022 |
| Patent Applications, Residents | 946 | 2021 |
| Patent Applications, Non-Residents | 634 | 2021 |
| Scientific Journal Articles | 14,069 | 2022 |
| High-Technology Exports (USD) | $6.45B | 2024 |
| ICT Service Exports (% of service exports) | 8.5% | 2024 |
| ICT Service Exports (USD) | $4.71B | 2024 |
| Industrial Design Applications, Resident | 452 | 2021 |
| Researchers in R&D (per million) | 7,395 | 2022 |
Infrastructure
| Indicator | Value | Year |
|---|---|---|
| Air Transport, Passengers Carried | 12.3M | 2004 |
| Air Transport, Freight (million ton-km) | 176.6 | 2004 |
| Container Port Traffic (TEU) | 933,300 | 2022 |
| Rail Lines (total km) | 3,885 | 2021 |
| Railways, Passengers (million km) | 1,780 | 2021 |
| Railways, Goods (million ton-km) | 4,305 | 2021 |
| Logistics Performance Index (1–5) | 3.70 | 2022 |
| Electricity from Oil (%) | 0.0% | 2023 |
| Electricity from Nuclear (%) | 0.0% | 2021 |
Gender
| Indicator | Value | Year |
|---|---|---|
| Women in Parliament (%) | 44.4% | 2024 |
| Female Labor Force Participation, 15+ (%) | 61.9% | 2024 |
| Female Wage & Salaried Workers (%) | 96.6% | 2025 |
| Girls Out-of-School Rate (%) | 100.5% | 2017 |
| Adolescent Fertility Rate (per 1,000) | 1.4 | 2023 |
| Gender Parity Index, Primary | 100.23 | 2017 |
| Gender Parity Index, Secondary | 0.95 | 2020 |
| Gender Parity in Primary Education | 1.00 | 2020 |
Governance
| Indicator | Value | Year |
|---|---|---|
| Control of Corruption | 2.11 | 2023 |
| Government Effectiveness | 1.8 | 2023 |
| Political Stability | 0.89 | 2023 |
| Regulatory Quality | 1.6 | 2023 |
| Rule of Law | 1.83 | 2023 |
| Voice & Accountability | 1.78 | 2023 |
| Control of Corruption (percentile rank) | 99.1% | 2023 |
| Government Effectiveness (percentile rank) | 97.6% | 2023 |
| Rule of Law (percentile rank) | 99.1% | 2023 |
| Political Stability (percentile rank) | 77.7% | 2023 |
Military
| Indicator | Value | Year |
|---|---|---|
| Military Spending (% of GDP) | 2.1% | 2024 |
| Military Expenditure (USD) | $10.44B | 2024 |
| Armed Forces Personnel | 25,000 | 2020 |
| Armed Forces (% of labor force) | 0.9% | 2020 |
| Military Spending (% of govt expenditure) | 4.5% | 2024 |
| Intentional Homicides (per 100,000) | 0.7 | 2023 |
Poverty & Inequality
| Indicator | Value | Year |
|---|---|---|
| Poverty at $2.15/day (%) | 0.2% | 2023 |
| Poverty at $3.65/day (%) | 0.2% | 2023 |
| Poverty at $6.85/day (%) | 0.4% | 2023 |
| Poverty Headcount, National (%) | 12.2% | 2021 |
| Gini Index | 26.5 | 2023 |
| Income Share, Top 10% | 21.6% | 2023 |
| Income Share, Bottom 10% | 3.6% | 2023 |
| Income Share, Top 20% | 35.8% | 2023 |
| Income Share, Bottom 20% | 9.1% | 2023 |
| Shared Prosperity Premium (%) | 0.4% | 2023 |
| Survey Mean Consumption (2017 PPP $ per day) | 86.74 | 2023 |
| Poverty Gap at $2.15/day (%) | 0.1% | 2023 |
Social Protection
| Indicator | Value | Year |
|---|---|---|
| Human Capital Index (0–1) | 0.77 | 2020 |
| Human Capital Index, Female | 0.79 | 2020 |
| Human Capital Index, Male | 0.75 | 2020 |
| Learning-Adjusted Years of School | 11.2 years | 2020 |
Tourism
| Indicator | Value | Year |
|---|---|---|
| International Tourism, Arrivals | 1.4M | 2020 |
| International Tourism, Departures | 1.7M | 2020 |
| Tourism Receipts (USD) | $2.20B | 2020 |
| Tourism Expenditures (USD) | $4.23B | 2020 |
| Tourism Receipts (% of total exports) | 1.9% | 2020 |
| International Tourism, Transport Services (USD) | $404.0M | 2020 |
Urban Development
| Indicator | Value | Year |
|---|---|---|
| Urban Population Growth (%) | 1.3% | 2024 |
| Population in Largest City | 1.1M | 2025 |
| Population in Largest City (% of urban) | 23.8% | 2025 |
| Population in Agglomerations >1M (% of total) | 19.9% | 2025 |
| Population in Slums (% of urban) | 0.0% | 2022 |
| Rural Population Growth (%) | -0.6% | 2024 |
| Access to Safely Managed Drinking Water (%) | 99.1% | 2024 |
| Access to Safely Managed Sanitation (%) | 77.9% | 2024 |
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