Norway 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$593.73 billion
↑ 17.95% vs 2021GDP per Capita
$108,798.45
↑ 16.90% vs 2021GDP Growth (Annual %)
3.01%
↓ 0.90pp vs 2021Inflation Rate (CPI %)
5.76%
↑ 2.28pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $503.37 billion | $593.73 billion | +17.95% |
| GDP per Capita | $93,072.89 | $108,798.45 | +16.90% |
| GDP Growth (Annual %) | 3.91% | 3.01% | -0.90pp |
| Inflation (CPI %) | 3.48% | 5.76% | +2.28pp |
| Unemployment Rate (%) | 4.36% | 3.23% | -1.13pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $593.73 billion
- GDP per Capita
- $108,798.45
- GDP Growth (Annual %)
- 3.01%
- Gross National Income
- $596.86 billion
Prices & Employment
- Inflation (CPI %)
- 5.76%
- Inflation (GDP Deflator %)
- 28.16%
- Unemployment Rate (%)
- 3.23%
- Interest Rate (Real %)
- -19.44%
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)
- 28.75%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, Norway's Gross Domestic Product (GDP) is $593.73 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Norway for 2022 is $108,798.45. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Norway for 2022 is 5.76%. This measures the annual percentage change in the cost of consumer goods and services.
Norway's annual GDP growth rate for 2022 is 3.01%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Norway for 2022 is 3.23%. This represents the percentage of the labor force that is unemployed and actively seeking employment.