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
|GNI per capita, PPP||64,590.00||68,510.00||68,510.00||International $|
|GNI, PPP||335.60||351.93||351.93||International $ 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|
|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|
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|
|29||The United Arab Emirates||370.29|