Economy · Europe & Central Asia · High income
Norway: the economy in numbers
GDP is $531bn (2025), 31st of 211 in the world and 15th of 57 in Europe & Central Asia. GDP per capita is $94,594 (2025), 10th of 211 in the world and 7th of 57 in Europe & Central Asia. GDP per capita, PPP is $104,044 (2025), 7th of 199 in the world and 3rd of 53 in Europe & Central Asia.
GDP
Norway
GDP per capita
NorwayEurope & Central AsiaHigh incomeWorld
13 indicators
Economy: Norway in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDPGDP, current US$ | $531bn2025 | 31/211 | 15/57 | $171bn | $440bn | $382bn | +32%since 2015 | $32.3tn | $76.9tn | $118tn | |
| GDP per capitaGDP per capita, current US$ | $94,5942025 | 10/211 | 7/57 | $37,992 | $90,020 | $71,058 | +22%since 2015 | $34,603 | $53,997 | $14,406 | |
| GDP per capita, PPPGDP per capita, PPP (current international $) | $104,0442025 | 7/199 | 3/53 | $36,814 | $59,439 | $69,779 | +66%since 2015 | $54,129 | $69,953 | $25,704 | |
| GNI per capitaGNI per capita, Atlas method, US$ | $97,3102025 | 3/201 | 2/53 | $36,580 | $88,970 | $78,460 | +4.3%since 2015 | $32,822 | $52,957 | $14,244 | |
| GDP growthGDP growth, annual % | 1.1%2025 | 170/210 | 39/56 | 3.4% | 1.0% | -1.4% | −1.0 ppsince 2015 | 1.7% | 1.9% | 2.9% | |
| GDP per capita growthGDP per capita growth, annual % | 0.4%2025 | 168/210 | 46/56 | 2.8% | -0.2% | -1.9% | −0.6 ppsince 2015 | 1.3% | 1.5% | 2.0% | |
| Agriculture shareAgriculture, forestry and fishing, % of GDP | 1.6%2025 | 154/198 | 38/56 | 1.7% | 1.4% | 1.7% | +0.3 ppsince 2015 | 2.0% | 1.3% | 4.0% | |
| Industry shareIndustry incl. construction, % of GDP | 34.5%2025 | 35/201 | 6/57 | 37.0% | 34.8% | 26.0% | +3.6 ppsince 2015 | 22.7% | 21.3% | 25.0% | |
| Manufacturing shareManufacturing, value added, % of GDP | 6.1%2025 | 142/194 | 45/54 | 9.0% | 7.2% | 6.4% | −0.8 ppsince 2015 | 13.5% | 12.0% | 14.9% | |
| Services shareServices, % of GDP | 55.0%2025 | 120/201 | 48/57 | 49.4% | 53.1% | 61.1% | −2.1 ppsince 2015 | 65.5% | 69.1% | 63.3% | |
| InvestmentGross capital formation, % of GDP | 23.2%2025 | 86/175 | 28/51 | 21.1% | 24.0% | 29.0% | −2.4 ppsince 2015 | 22.9% | 22.6% | 26.3% | |
| SavingsGross savings, % of GDP | 37.3%2025 | 16/163 | 3/49 | 36.4% | 33.9% | 26.5% | +5.8 ppsince 2015 | 24.6% | 23.2% | 26.0% | |
| Resource rentsNatural resources rents, % of GDP | 10.0%2021 | 46/209 | 7/56 | 12.3% | 7.7% | 4.2% | ±0.0 ppsince 2011 | 2.2% | 2.5% | 3.1% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- GDP+32%$531bn in 2025
- GDP per capita+22%$94,594 in 2025
- GDP per capita, PPP+66%$104,044 in 2025
- GNI per capita+4.3%$97,310 in 2025
Worse than ten years ago
- GDP growth−1.0 pp1.1% in 2025
- GDP per capita growth−0.6 pp0.4% in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Norway and its neighbours
Countries sharing a land border with Norway. Latest values since 2005; the highest in each row is marked.
| Indicator | Norway | Russia | Sweden | Finland |
|---|---|---|---|---|
| GDP | $531bn2025 | $2.6tn2025 | $669bn2025 | $317bn2025 |
| GDP per capita | $94,5942025 | $17,5472025 | $63,1332025 | $56,1492025 |
| GDP per capita, PPP | $104,0442025 | $49,5682025 | $72,5292025 | $65,8842025 |
| GNI per capita | $97,3102025 | $15,9602025 | $63,0102025 | $55,2502025 |
| GDP growth | 1.1%2025 | 1.0%2025 | 1.5%2025 | 0.2%2025 |
| GDP per capita growth | 0.4%2025 | 1.1%2025 | 1.3%2025 | -0.3%2025 |
| Agriculture share | 1.6%2025 | 3.1%2025 | 1.5%2025 | 2.6%2025 |
| Industry share | 34.5%2025 | 29.7%2025 | 21.0%2025 | 22.5%2025 |
| Manufacturing share | 6.1%2025 | 13.7%2025 | 12.5%2025 | 14.2%2025 |