Europe & Central Asia
🇳🇴 Norway
Real-time economic and demographic statistics for Norway
GDP
#26
of 214
Population
#118
of 217
GDP per Capita
#5
of 214
GDP Growth
#205
of 214
Share of World
0.44%
of world GDP
Income Level
High income
Norway GDP (2015–2024)
+2.10%annual growth
Chart data: 2015: 388,159,512,245.53 USD, 2016: 370,956,547,619.048 USD, 2017: 401,745,275,035.261 USD, 2018: 439,788,625,883.8 USD, 2019: 408,742,840,909.091 USD, 2020: 367,633,418,886.627 USD, 2021: 503,367,986,030.268 USD, 2022: 596,297,651,035.798 USD, 2023: 482,949,731,776.587 USD, 2024: 483,727,398,216.364 USD
Demographics
5.6M
Population
+0.95%annual growth
Labor Market
3.97%
Unemployment Rate
+0.40ppannual change
Verified: Nov 2025
Economics
+3.15%
Inflation Rate
-2.37ppannual change
Frequently Asked Questions
- What is Norway's GDP?
- Norway's GDP is approximately $483.7 billion (2024, representing 0.4% of world GDP), making it the #26 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Norway's population?
- Norway has a population of approximately 5.6M — the #118 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Norway's GDP per capita?
- Norway's GDP per capita is approximately $86,810, ranking #5 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Norway's economy growing?
- Norway's economy is currently growing at approximately 2.1% per year, ranking #205 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Norway in?
- Norway is located in the Europe & Central Asia region and is classified as a high income economy by the World Bank. This classification is based on gross national income (GNI) per capita.