Share of World GDP: Norway
Norway's share of world gdp is currently 0.3% as of 2026. # Norway Share of World GDP Norway currently accounts for 0.
Current (2026)
0.3%
-1.4% y/y
Peak (1986)
0.4%
Low (2020)
0.3%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Share of World GDP — Norway
1980 — 2026
Share of World GDP — Norway
Analysis# Norway Share of World GDP
Norway currently accounts for 0.283% of global GDP in 2026, down significantly from its peak of 0.434% in 1986. This represents a 31.8% decline over the past 46 years. The country's economic share has contracted relative to the expanding global economy, though it remains a substantial contributor among smaller nations. Norway's current position sits just above its recent low point of 0.257% recorded in 2020.
The most striking reversal occurred between 2020 and 2021, when Norway's share jumped from its pandemic low to 0.307%, a recovery driven by energy price rebounds and economic reopening. Since that peak, however, the trend has reversed again, with steady annual declines averaging 0.008 percentage points per year through 2026. Projections suggest continued modest contraction ahead.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 0.3% | -1.49% |
| 2029 | 0.3% | -1.82% |
| 2028 | 0.3% | -1.79% |
| 2027 | 0.3% | -1.41% |
| 2026 | 0.3% | -1.39% |
| 2025 | 0.3% | -2.05% |
| 2024 | 0.3% | -1.01% |
| 2023 | 0.3% | -3.27% |
| 2022 | 0.3% | -0.33% |
| 2021 | 0.3% | +19.46% |
| 2020 | 0.3% | -4.81% |
| 2019 | 0.3% | -3.91% |
| 2018 | 0.3% | +2.93% |
| 2017 | 0.3% | -1.44% |
| 2016 | 0.3% | -1.77% |
| 2015 | 0.3% | -1.40% |
| 2014 | 0.3% | -1.38% |
| 2013 | 0.3% | -2.36% |
| 2012 | 0.3% | -0.34% |
| 2011 | 0.3% | -2.61% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 0.3% | -4.08% |
| 2009 | 0.3% | -1.54% |
| 2008 | 0.3% | -2.11% |
| 2007 | 0.3% | -2.07% |
| 2006 | 0.3% | -2.59% |
| 2005 | 0.3% | -1.98% |
| 2004 | 0.4% | -1.12% |
| 2003 | 0.4% | -2.45% |
| 2002 | 0.4% | -1.34% |
| 2001 | 0.4% | -0.53% |
| 2000 | 0.4% | -1.58% |
| 1999 | 0.4% | -1.55% |
| 1998 | 0.4% | +0.00% |
| 1997 | 0.4% | +1.31% |
| 1996 | 0.4% | +1.06% |
| 1995 | 0.4% | +0.53% |
| 1994 | 0.4% | +2.18% |
| 1993 | 0.4% | +0.82% |
| 1992 | 0.4% | -6.91% |
| 1991 | 0.4% | +0.77% |
| 1990 | 0.4% | -2.02% |
| 1989 | 0.4% | -2.46% |
| 1988 | 0.4% | -4.47% |
| 1987 | 0.4% | -2.07% |
| 1986 | 0.4% | +0.70% |
| 1985 | 0.4% | +1.89% |
| 1984 | 0.4% | +1.68% |
| 1983 | 0.4% | +1.22% |
| 1982 | 0.4% | -0.24% |
| 1981 | 0.4% | -0.72% |
| 1980 | 0.4% | — |
Related Data
Other Metrics
For Norway
Compare Share of World GDP
Same metric, other countries
Demographics
People & population data