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Norway GDP

Norway has the 27th largest economy in the world . The gross domestic product (GDP) of Norway is $388.31 (USD Billion) and its growth was 1.60% from 2014 to 2015. Its highest GDP was recorded in 2013 and its average GDP in the last 10 years is $444.26 (USD Billion).

Norway GDP per capita is $74,734.56 (USD). However, when factoring in purchase power parity (PPP), it becomes $61,471.57 (USD), making it the 8th richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $61,108.62 (USD).

GDP Of Norway Per Year

Norway's GDP & Other Economic Statistics

Norway GDP Current Previous Highest Unit
GNI per capita, PPP 64,590.00 68,510.00 68,510.00 International $
GNI, PPP 335.60 351.93 351.93 International $ Billion
GNI 408.01 521.87 528.06 USD Billion
Gross domestic savings 132.65 187.59 201.85 USD Billion
GDP per capita, PPP 61,471.57 65,702.20 66,817.17 International $
GDP per capita growth 0.45 1.07 1.87 %
GDP per capita 74,734.56 97,429.71 102,910.44 USD
GDP growth 1.60 2.21 2.93 %
GDP 388.31 500.52 522.75 USD Billion
Services, etc., value added 218.54 269.24 274.73 USD Billion
Industry, value added 120.85 171.34 187.71 USD Billion
Manufacturing, value added 28.59 34.79 35.78 USD Billion
Agriculture, value added 6.29 7.25 7.25 USD Billion
Gross fixed capital formation 90.30 116.48 122.12 USD Billion
Tax revenue 23.84 25.11 28.90 % of GDP
Source: www.worldatlas.com | World Bank

What is Gross Domestic Product (GDP)?

Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Norway – current values and historical information. The information was last updated 2016.

GDP Of Norway vs. Other Countries

Rank Country GDP (USD Billion), 2015
22 Sweden 492.62
23 Nigeria 481.07
24 Poland 474.78
25 Belgium 454.04
26 Thailand 395.28
27 Norway 388.31
28 Austria 374.06
29 The United Arab Emirates 370.29
30 Egypt 330.78
31 South Africa 312.80
32 Hong Kong 309.93
The GDP of Norway is tabulated by govermental institutions and was last updated on May 9th, 2017.