no Norway 2019

Detailed economic analysis and indicators for 2019

Year 2019

Key Economic Indicators (2019)

GDP (Current USD)

$408.74 billion

↓ 7.06% vs 2018
GDP per Capita

$76,430.59

↓ 7.68% vs 2018
GDP Growth (Annual %)

1.12%

↑ 0.29pp vs 2018
Inflation Rate (CPI %)

2.17%

↓ 0.60pp vs 2018

Year-over-Year Comparison

Indicator 2018 2019 Change
GDP (Current USD) $439.79 billion $408.74 billion -7.06%
GDP per Capita $82,792.84 $76,430.59 -7.68%
GDP Growth (Annual %) 0.83% 1.12% +0.29pp
Inflation (CPI %) 2.76% 2.17% -0.60pp
Unemployment Rate (%) 3.80% 3.68% -0.12pp

All Economic Indicators (2019)

National Accounts
GDP (Current USD)
$408.74 billion
GDP per Capita
$76,430.59
GDP Growth (Annual %)
1.12%
Gross National Income
$421.23 billion
Prices & Employment
Inflation (CPI %)
2.17%
Inflation (GDP Deflator %)
-0.55%
Unemployment Rate (%)
3.68%
Interest Rate (Real %)
3.81%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
2.92%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2019, Norway's Gross Domestic Product (GDP) is $408.74 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Norway for 2019 is $76,430.59. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Norway for 2019 is 2.17%. This measures the annual percentage change in the cost of consumer goods and services.

Norway's annual GDP growth rate for 2019 is 1.12%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Norway for 2019 is 3.68%. This represents the percentage of the labor force that is unemployed and actively seeking employment.