Norway 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$492.32 billion
↑ 1.44% vs 2023GDP per Capita
$89,195.36
↑ 1.44% vs 2023GDP Growth (Annual %)
1.44%
↑ 0.97pp vs 2023Inflation Rate (CPI %)
3.15%
↓ 2.37pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $485.31 billion | $492.32 billion | +1.44% |
| GDP per Capita | $87,925.09 | $89,195.36 | +1.44% |
| GDP Growth (Annual %) | 0.48% | 1.44% | +0.97pp |
| Inflation (CPI %) | 5.52% | 3.15% | -2.37pp |
| Unemployment Rate (%) | 3.57% | 3.97% | +0.40pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $492.32 billion
- GDP per Capita
- $89,195.36
- GDP Growth (Annual %)
- 1.44%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 3.15%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 3.97%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Norway's Gross Domestic Product (GDP) is $492.32 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Norway for 2024 is $89,195.36. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Norway for 2024 is 3.15%. This measures the annual percentage change in the cost of consumer goods and services.
Norway's annual GDP growth rate for 2024 is 1.44%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Norway for 2024 is 3.97%. This represents the percentage of the labor force that is unemployed and actively seeking employment.