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2015-06-03T10:00:00.000Z
National accounts and business cycles
en
National accounts and business cycles

Key figure page

Key figures for national accounts

The national accounts show the overall figures for a country’s economy. The gross domestic product (GDP) is one of several indicators of the economic situation in a country. The national accounts are used for measuring developments over time and for making international comparisons.

Quarterly national accounts. Percentual change (volume/fixed prices) from previous quarter (seasonally-adjusted growth)
1st quarter 2015 2nd quarter 2015 3rd quarter 2015 4th quarter 2015
Gross domestic product (GDP) -0.1 0.0 1.6 -1.2
GDP for mainland Norway 0.2 0.2 0.0 0.1
Consumption in household sector 0.6 0.6 0.2 0.6
Gross investment in fixed capital 0.2 -0.6 -0.5 -0.9
Extraction and pipeline transport -0.1 -4.7 -8.1 -2.8
Housing (households) 1.6 1.9 2.2 2.5
Total export -3.0 0.3 5.6 -2.9
Export of traditional goods 2.2 0.4 0.8 2.6
Total import 3.8 -1.8 -2.6 1.6
Employment 0.0 0.2 0.1 -0.1
Annual national accounts
Unit Current prices Change in volume, per cent, from previous year
2015 2014 2015 2014 2013
1Current prices also for change in per cent. Change is here shown in percentage points.
Gross domestic product (GDP) NOK billion 3 141 3 154 1.6 2.2 1.0
GDP for mainland Norway NOK billion 2 611 2 525 1.0 2.3 2.3
Consumption in household sector NOK billion 1 270 1 280 2.0 1.7 2.6
Gross investment in fixed capital NOK billion 729 734 -4.0 0.0 6.3
Extraction and pipeline transport NOK billion 190 215 -14.7 -2.9 19.3
Housing (households) NOK billion 158 151 1.6 -1.5 5.3
Total export NOK billion 1 163 1 219 2.3 2.2 -1.7
Export of traditional goods NOK billion 374 343 5.5 2.5 1.3
Total import NOK billion 982 930 0.6 1.5 4.9
Employment 1 000 persons 2 759 2 744 0.6 1.1 1.1
Annual earnings NOK 1 000 519.7 506.6 2.8 3.1 3.9
 
2015 2014 2015 2014 2013
Disposable income for Norway NOK billion 2 697 2 727 -1.1 5.9 3.3
Disposable income for households NOK billion 1 312 1 256 4.5 5.1 6.0
Saving rate for households Percent1 9.7 9.1 0.6 1.2 0.6
Balance of payments
Unit 4th quarter 2014 1st quarter 2015 2nd quarter 2015 3rd quarter 2015 4th quarter 2015
Current account NOK Billion 107.2 87.5 78.0 62.1 55.0
As percentage of GDP Per cent 13.1 11.1 10.0 8.1 6.9