Real GDP Growth: Norway
Norway's real gdp growth is currently 1.6% as of 2026. # Norway Real GDP Growth Norway's real GDP growth stands at 1.
Current (2026)
1.6%
+33.3% y/y
Peak (1984)
6.1%
Low (2009)
-1.9%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Real GDP Growth — Norway
1980 — 2026
Real GDP Growth — Norway
Analysis# Norway Real GDP Growth
Norway's real GDP growth stands at 1.6% in 2026, representing a significant decline from its all-time peak of 6.1% in 1984. The country has experienced a cumulative contraction of 64.4% since 1980, reflecting structural shifts in the economy and global market conditions. While current growth remains modest, it remains well above the all-time low of -1.9% recorded during the 2009 financial crisis.
The period from 2020 to 2023 illustrates Norway's economic volatility. A pandemic-induced contraction of 1.3% in 2020 gave way to a strong rebound of 3.9% in 2021, followed by a slowdown to just 0.1% in 2023. The recent uptick to 1.6% in 2026 suggests stabilization after years of modest expansion, though growth remains constrained compared to historical norms.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 1.3% | +0.00% |
| 2029 | 1.3% | +0.00% |
| 2028 | 1.3% | -18.75% |
| 2027 | 1.6% | +0.00% |
| 2026 | 1.6% | +33.33% |
| 2025 | 1.2% | -42.86% |
| 2024 | 2.1% | +2000.00% |
| 2023 | 0.1% | -96.88% |
| 2022 | 3.2% | -17.95% |
| 2021 | 3.9% | +400.00% |
| 2020 | -1.3% | -218.18% |
| 2019 | 1.1% | +37.50% |
| 2018 | 0.8% | -68.00% |
| 2017 | 2.5% | +108.33% |
| 2016 | 1.2% | -36.84% |
| 2015 | 1.9% | -5.00% |
| 2014 | 2.0% | +100.00% |
| 2013 | 1.0% | -62.96% |
| 2012 | 2.7% | +145.45% |
| 2011 | 1.1% | +37.50% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 0.8% | +142.11% |
| 2009 | -1.9% | -480.00% |
| 2008 | 0.5% | -82.76% |
| 2007 | 2.9% | +16.00% |
| 2006 | 2.5% | -7.41% |
| 2005 | 2.7% | -32.50% |
| 2004 | 4.0% | +344.44% |
| 2003 | 0.9% | -35.71% |
| 2002 | 1.4% | -33.33% |
| 2001 | 2.1% | -36.36% |
| 2000 | 3.3% | +57.14% |
| 1999 | 2.1% | -22.22% |
| 1998 | 2.7% | -49.06% |
| 1997 | 5.3% | +6.00% |
| 1996 | 5.0% | +19.05% |
| 1995 | 4.2% | -17.65% |
| 1994 | 5.1% | +82.14% |
| 1993 | 2.8% | -22.22% |
| 1992 | 3.6% | +16.13% |
| 1991 | 3.1% | +63.16% |
| 1990 | 1.9% | +90.00% |
| 1989 | 1.0% | +433.33% |
| 1988 | -0.3% | -116.67% |
| 1987 | 1.8% | -55.00% |
| 1986 | 4.0% | -28.57% |
| 1985 | 5.6% | -8.20% |
| 1984 | 6.1% | +52.50% |
| 1983 | 4.0% | +1900.00% |
| 1982 | 0.2% | -87.50% |
| 1981 | 1.6% | -64.44% |
| 1980 | 4.5% | — |
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