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Norway gdp for 2020 was $367.63B, a 10.06% decline from 2019. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
Norway gdp growth rate for 2022 was 3.01%, a 0.9% decline from 2021. Norway gdp growth rate for 2021 was 3.91%, a 5.19% increase from 2020. Norway gdp growth rate for 2020 was -1.28%, a 2.4% decline from 2019. Annual percentage growth rate of GDP at market prices based on constant local currency.
13 wrz 2024 · Growth in the Norwegian economy has been modest since mid-2022. Several interest rate hikes, high inflation and low global demand have placed a damper on economic activity. At the same time, unemployment has increased from a low level, and is currently close to the average for the 2010s.
GDP in Norway is expected to reach 575.00 USD Billion by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway GDP is projected to trend around 575.00 USD Billion in 2025 and 596.81 USD Billion in 2026, according to our econometric models.
Norwegian Krone (NOK) UN membership date: 2013: 27 November 1945 : Top. Economic indicators; GDP: Gross domestic product (million current US$) 2014: 500519 : GDP: Gross domestic product (million current US$) 2010: 428527 : GDP: Gross domestic product (million current US$) 2005: 308722 : GDP growth rate (annual %, const. 2005 prices) 2014:
10 mar 2023 · In this scenario, activity in the Norwegian economy will remain close to trend until 2026. This means that the economy is growing at a pace that is considered normal. Growth in mainland GDP is estimated at 1.3 per cent in 2023 and 1.6 per cent in 2024.
Norway gdp for 2022 was $593.35B, a 17.88% increase from 2021. Norway gdp for 2021 was $503.37B, a 36.92% increase from 2020. Norway gdp for 2020 was $367.63B, a 10.06% decline from 2019. Norway gdp for 2019 was $408.74B, a 7.06% decline from 2018.
