Norway 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$401.75 billion
↑ 8.30% vs 2016GDP per Capita
$76,131.84
↑ 7.43% vs 2016GDP Growth (Annual %)
2.46%
↑ 1.30pp vs 2016Inflation Rate (CPI %)
1.88%
↓ 1.67pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $370.96 billion | $401.75 billion | +8.30% |
| GDP per Capita | $70,867.36 | $76,131.84 | +7.43% |
| GDP Growth (Annual %) | 1.16% | 2.46% | +1.30pp |
| Inflation (CPI %) | 3.55% | 1.88% | -1.67pp |
| Unemployment Rate (%) | 4.68% | 4.16% | -0.52pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $401.75 billion
- GDP per Capita
- $76,131.84
- GDP Growth (Annual %)
- 2.46%
- Gross National Income
- $416.38 billion
Prices & Employment
- Inflation (CPI %)
- 1.88%
- Inflation (GDP Deflator %)
- 4.08%
- Unemployment Rate (%)
- 4.16%
- Interest Rate (Real %)
- -1.03%
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)
- 5.39%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Norway's Gross Domestic Product (GDP) is $401.75 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Norway for 2017 is $76,131.84. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Norway for 2017 is 1.88%. This measures the annual percentage change in the cost of consumer goods and services.
Norway's annual GDP growth rate for 2017 is 2.46%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Norway for 2017 is 4.16%. This represents the percentage of the labor force that is unemployed and actively seeking employment.