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Norway: economy and key figures

Norway has a population of 5.61 million and a gross domestic product of $531 billion (2025, World Bank). The economy last grew by 1.1%, inflation stood at 3.0% and unemployment at 4.6%. The capital is Oslo.

GDP

$531 billion

2025

19902025

GDP per capita

$94,594

2025

19902025

GDP growth

1.1%

2025

19902025

Inflation

3.0%

2025

19902025

Unemployment

4.6%

2025

19912025

Population

5.61 million

2025

19902025

Economy

IndicatorValueYear
GDP$531 billion2025
GDP per capita$94,5942025
GDP growth1.1%2025
Inflation3.0%2025
Unemployment4.6%2025
Industry34.5% of GDP2025

Trade and external balance

IndicatorValueYear
Exports45.4% of GDP2025
Imports33.7% of GDP2025
Current account14.1% of GDP2025
FDI inflows-1.3% of GDP2025

People

IndicatorValueYear
Population5.61 million2025
Life expectancy83.2 years2024
Fertility rate1.452024
Gini index26.52023
Internet users99.0%2024

State, research and environment

IndicatorValueYear
Government spending22.6% of GDP2025
R&D spending1.9% of GDP2023
CO2 per capita7.182024

Source

All figures on this page: World Bank, World Development Indicators, licensed under CC BY 4.0 (data.worldbank.org). Each value is the latest one reported; its year is shown next to it. Taken over unchanged, only rounded.

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DESK is a research tool and not investment advice. Page generated: 2026-10-16.