Norway: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is -0.1 percent as of Q1 2025, an increase compared to the previous value of -0.9 percent. Historically, the average for Norway from Q2 1978 to Q1 2025 is 0.58 percent. The minimum of -5.2 percent was recorded in Q2 2020, while the maximum of 4.7 percent was reached in Q3 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Norway: Economic growth, quarterly |
|---|---|
| 2025 Q1 | -0.1 |
| 2024 Q4 | -0.9 |
| 2024 Q3 | -1.6 |
| 2024 Q2 | 1.9 |
| 2024 Q1 | 0.4 |
| 2023 Q4 | 2.6 |
| 2023 Q3 | -0.8 |
| 2023 Q2 | -0.9 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 0.48 | 2023 | percent |
| GDP, constant dollars | 435.7 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 485.31 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 87,925.09 | 2023 | U.S. dollars |
| GDP per capita, PPP | 90,242 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 78,939.41 | 2023 | U.S. dollars |
| Productivity, relative to the U.S. | 176.88 | 2022 | index points |
| Productivity, current USD | 136.7 | 2023 | USD per hour worked |
| Economic growth, quarterly | -0.70 | Q1/2025 | percent |
| Economic growth Q-on-Q | -0.10 | Q1/2025 | percent |
| Gross Domestic Product (GDP) | 1,385.95 | Q1/2025 | billion |