Economic and Financial Data for Norway

The data shown in this page correspond to the data described on the International Monetary Fund's Dissemination Standards Bulletin Board (DSBB). For a fuller explanation of the DSBB and the statistical standards to which Norway has committed, please click on DSBB Home Page. Unless otherwise indicated, the data are not seasonally adjusted and final when first released.

SDDS Real Sector

SDDS Real sector
SDDS Real sector
Unit DescriptionObservations
Date of LatestLatest dataLatest-1 data
SDDS Data Category and Component
National Accounts
Current prices
GDPNOK million, seasonally adjusted4th quarter 20231 285 7761 236 288
GDP, by expenditure category
Household final consumption expenditureNOK million, seasonally adjusted4th quarter 2023465 920455 586
Final consumption expenditure of NPISHsNOK million, seasonally adjusted4th quarter 202328 60927 924
Final consumption expenditure of general governmentNOK million, seasonally adjusted4th quarter 2023293 693284 007
Gross fixed capital formationNOK million, seasonally adjusted4th quarter 2023311 031299 492
Changes in inventoriesNOK million, seasonally adjusted4th quarter 202328 04257 066
Total exportsNOK million, seasonally adjusted4th quarter 2023575 793521 483
Total importsNOK million, seasonally adjusted4th quarter 2023417 381409 341
GDP, by area
GDP-Mainland NorwayNOK million, seasonally adjusted4th quarter 2023984 210970 807
Petroleum activities and ocean transportNOK million, seasonally adjusted4th quarter 2023301 566265 480
Constant prices
GDPNOK million, 2018-prices, seasonally adjusted4th quarter 20231 129 0131 112 148
GDP, by expenditure category
Household final consumption expenditureNOK million, 2018-prices, seasonally adjusted4th quarter 2023406 199403 359
Final consumption expenditure of NPISHsNOK million, 2018-prices, seasonally adjusted4th quarter 202326 19125 946
Final consumption expenditure of general governmentNOK million, 2018-prices, seasonally adjusted4th quarter 2023258 309255 742
Gross fixed capital formationNOK million, 2018-prices, seasonally adjusted4th quarter 2023265 575260 974
Changes in inventoriesNOK million, 2018-prices, seasonally adjusted4th quarter 20238 03319 954
Total exportsNOK million, 2018-prices, seasonally adjusted4th quarter 2023503 874487 874
Total importsNOK million, 2018-prices, seasonally adjusted4th quarter 2023339 224341 761
GDP, by area
GDP-Mainland NorwayNOK million, 2018-prices, seasonally adjusted4th quarter 2023868 850867 059
Petroleum activities and ocean transportNOK million, 2018-prices, seasonally adjusted4th quarter 2023260 164245 089
Non-financial sector accounts
GNI (Gross National Income)NOK million4th quarter 20231 368 4331 202 376
Gross saving for NorwayNOK million4th quarter 2023561 518456 557
Production Index
Index of production, extraction of oil and gas, manufacturing, mining and quarrying and electricity supply (volume index)2021=100February 2024101.8106.4
Index of production, construction (volume index)2021=100February 2024102.3102.1
Business Tendency Survey
The industrial confidence indicator (ICI)Balance Seasonally adjusted1st quarter 20240.1-4.2
Employment
Employed persons (LFS)1000 Seasonally adjusted4th quarter 20232 8822 886
Unemployment
Unemployed persons (LFS)1000, Quarterly average Seasonally adjusted4th quarter 2023109107
Unemployed persons (LFS)Per cent of labour force, Quarterly average Seasonally adjusted4th quarter 20233.73.6
Wages and Earnings
Index of average monthly basic earnings in All industries2016Q1=1004th quarter 2023130.1126.3
Index of average monthly basic earnings in Agriculture, forestry and fishing2016Q1=1004th quarter 2023135.0125.6
Index of average monthly basic earnings in Mining and quarrying2016Q1=1004th quarter 2023122.7120.2
Index of average monthly basic earnings in Manufacture2016Q1=1004th quarter 2023126.8124.0
Index of average monthly basic earnings in Electricity, water supply, sewerage, waste management2016Q1=1004th quarter 2023132.4126.5
Index of average monthly basic earnings in Construction2016Q1=1004th quarter 2023128.6126.5
Index of average monthly basic earnings in Wholesale and retail trade: repair of motor vehicles and motorcycles2016Q1=1004th quarter 2023131.7128.6
Index of average monthly basic earnings in Transportation and storage2016Q1=1004th quarter 2023125.1122.5
Index of average monthly basic earnings in Accommodation and food service activities2016Q1=1004th quarter 2023130.6126.6
Index of average monthly basic earnings in Information and communication2016Q1=1004th quarter 2023132.9129.6
Index of average monthly basic earnings in Financial and insurance activities2016Q1=1004th quarter 2023137.8135.2
Index of average monthly basic earnings in Real estate, professional, scientific and technical activities2016Q1=1004th quarter 2023129.6126.0
Index of average monthly basic earnings in Administrative and support service activities2016Q1=1004th quarter 2023131.4128.3
Index of average monthly basic earnings in Public adm., defence, soc. security2016Q1=1004th quarter 2023132.2126.7
Index of average monthly basic earnings in Education2016Q1=1004th quarter 2023126.8125.2
Index of average monthly basic earnings in Human health and social work activities2016Q1=1004th quarter 2023130.6126.1
Index of average monthly basic earnings in Other service activities2016Q1=1004th quarter 2023130.6125.7
Index of average monthly basic earnings in Unspecified2016Q1=1004th quarter 2023150.7140.8
Consumer Prices
Consumer Price Index2015=100March 2024133.1133.0
Producer Prices
Producer price index for oil and gas, manufacturing, mining2015=100March 2024112.1109.1
Explanation of symbols

National accounts

Non-financial sector accounts

Production Index

Business Tendency Survey

Employment

Unemployment

Wages and Earnings

Consumer Price Index

Producer price index for oil and gas, manufacturing, mining

SDDS Fiscal Sector

SDDS Fiscal Sector
SDDS Fiscal Sector
Unit DescriptionObservations
Date of LatestLatest dataLatest -1 data
SDDS Data Category and Component
General Government Operations
RevenueNOK million, provisional figures4th quarter 2023809 530707 500
ExpenditureNOK million, provisional figures4th quarter 2023651 422570 091
Balance, Deficit(-)/Surplus(+)NOK million, provisional figures4th quarter 2023158 108137 409
Financing by residency
DomesticNOK million4th quarter 2023-87 643-105 099
Domestic banksNOK million4th quarter 2023-24 807-25 739
Domestic non-banksNOK million4th quarter 2023-62 836-79 360
ForeignNOK million4th quarter 2023271 242219 183
Central Government Operations
Monthly data
RevenueNOK millionFebruary 2024293 493128 122
ExpenditureNOK millionFebruary 2024162 644195 384
Surplus before net transfers to the Government Pension Fund - GlobalNOK millionFebruary 2024130 849-67 262
FinancingNOK millionFebruary 2024-130 84967 262
Annual data
RevenueNOK million20222 668 4161 502 720
ExpenditureNOK million20221 665 9351 584 176
Surplus before net transfers to the Government Pension Fund - GlobalNOK million20221 002 481-81 456
FinancingNOK million2022-1 002 48181 456
Financing by currency and instrument
In NOKNOK million2022-1 002 48181 456
DepositsNOK million2022-1 014 88471 542
- Deposits with the Government Pension Fund - GlobalNOK million2022-975 348102 553
- Other depositsNOK million2022-39 536-31 011
LoansNOK million2022-72 32016 185
Securities other than equityNOK million202274 107-8 005
- Short-term securitiesNOK million202266 457-3 005
- Medium and long term securitiesNOK million20227 650-5 000
EquityNOK million202210 6161 734
In foreign currencies equivalentNOK million202200
Central Government Debt
Total central government debtNOK million4th quarter 2023708 529796 757
Debt by remaining maturity
Short termNOK million4th quarter 2023255 529362 757
Medium termNOK million4th quarter 2023113 127111 617
Long termNOK million4th quarter 2023339 873322 383
Debt by currency of issue
Norwegian kronerNOK million4th quarter 2023708 529796 757
Foreign currencyNOK million4th quarter 202300
State guarantees
Debt guaranteed by central governmentNOK million4th quarter 2023....
Explanation of symbols

General Government Operations

Central Government Operations

Central Government Debt

SDDS Financial sector

SDDS Financial sector
SDDS Financial sector
Unit DescriptionObservations
Date of LatestLatest dataLatest -1 data
SDDS Data Category and Component
Depository Corporations Survey
The credit indicator (C2)NOK billion, preliminary figures, seasonally adjustedFebruary 20247 318.37 290.0
Monetary aggregate M3NOK billion, preliminary figures, seasonally adjustedFebruary 20243 113.33 113.0
Net claims on central government1 NOK billion, preliminary figuresFebruary 2024-332.2-204.0
External position, net basis2 NOK billion, preliminary figuresFebruary 2024-759.8-824.2
Central Bank Survey
Base money (MO)NOK millionMarch 2024161 37769 307
Foreign assets, totalNOK millionMarch 2024906 972874 097
Claims on other Norwegian sectorsNOK millionMarch 20243 16611 112
Foreign liabilitiesNOK millionMarch 2024107 876126 808
Interest Rates3
Interest rate on private banks' sight deposits with Norges Bank (the policy variable rates)Per cent per annumFebruary 20244.504.50
Government bond yieldsPer cent per annum
Stock Market
Benchmark Index of Oslo Stock Exchange29th December 1995=100
1Central government comprises central government and social security administration and state lending institutions.
2Includes Norges Bank (exclusive the Government Pension Fund Global) and other monetary financial institutions
3See links below this table for data on government bond yields and the benchmark index of Oslo Stock Exchange.
Explanation of symbols

The credit indicator (C2)

Monetary aggregate M3

Interest rate on private banks' sight deposits with Norges Bank (the policy variable rates)

Government bond yields

Benchmark Index of Oslo Stock Exchange

SDDS External sector

SDDS External sector
SDDS External sector
Unit DescriptionObservations
Date of LatestLatest dataLatest -1 data
SDDS Data Category and Component
Balance of Payments
Current account, disaggregated by:
Goods, creditNOK million4th quarter 2023499 692414 977
Goods, debitNOK million4th quarter 2023266 170248 841
Services, creditNOK million4th quarter 2023141 408149 373
Services, debitNOK million4th quarter 2023159 823164 265
Income, creditNOK million4th quarter 2023171 012173 913
Income, debitNOK million4th quarter 2023116 605117 883
Current transfers, creditNOK million4th quarter 202322 79323 531
Current transfers, debitNOK million4th quarter 202356 93737 617
Capital account, netNOK million4th quarter 20231 040604
Financial account, disaggregated by:
Direct investment, assetsNOK million4th quarter 202324 134-6 849
Direct investment, liabilitiesNOK million4th quarter 2023-6 135-35 834
Portfolio investment, assetsNOK million4th quarter 2023537 644151 527
Portfolio investment, liabilitiesNOK million4th quarter 2023121 44257 463
Other investment, assetsNOK million4th quarter 2023200 228108 806
Other investment, liabilitiesNOK million4th quarter 2023351 32530 276
Reserve assetsNOK million4th quarter 2023-26 66412 414
Net errors and omissionsNOK million4th quarter 202334 44621 366
International Reserves1
Official reserve assetsNOK millionMarch 2024887 761854 396
Reserve templateNOK millionFebruary 2024.863 407
Merchandise Trade
Total exports (f.o.b. value)NOK million, provisionalMarch 2024141 915129 560
Total imports (c.i.f value)NOK million, provisionalMarch 202477 95277 852
International investment position2
Total assetsNOK million4th quarter 202325 975 85624 502 541
Direct investment abroadNOK million4th quarter 20232 868 7582 869 280
Portfolio investmentNOK million4th quarter 202319 209 86317 840 817
Equity securitiesNOK million4th quarter 202313 078 24212 228 896
Debt securitiesNOK million4th quarter 20236 131 6215 611 921
Other investmentNOK million4th quarter 20233 078 3202 953 293
Reserve assetsNOK million4th quarter 2023818 915839 151
Total liabilitiesNOK million4th quarter 202310 692 10610 374 909
Direct investment in NorwayNOK million4th quarter 20232 336 1312 344 660
Portfolio investmentNOK million4th quarter 20234 536 6134 427 021
Equity securitiesNOK million4th quarter 20231 312 3231 323 313
Debt securitiesNOK million4th quarter 20233 224 2903 103 708
Other investmentNOK million4th quarter 20233 819 3623 603 228
International investment position, netNOK million4th quarter 202315 283 75014 127 632
External Debt
External debt Position
TotalNOK million, preliminary4th quarter 20237 819 4097 527 207
General Government
TotalNOK million, preliminary4th quarter 20231 451 2081 159 532
Short-term
Money market instrumentsNOK million, preliminary4th quarter 202314 70216 408
Short term loanNOK million, preliminary4th quarter 2023534 728272 720
Other debt liabilitiesNOK million, preliminary4th quarter 202385 113181 187
Long-term
Bonds and notesNOK million, preliminary4th quarter 2023398 673393 066
LoansNOK million, preliminary4th quarter 2023417 992296 151
Monetary Authorities
TotalNOK million, preliminary4th quarter 2023112 554121 402
Short-term
Short term loanNOK million, preliminary4th quarter 202300
Currency and depositsNOK million, preliminary4th quarter 20233723
Other debt liabilitiesNOK million, preliminary4th quarter 202341 54448 694
Long-term
LoansNOK million, preliminary4th quarter 20232942
Other debt liabilitiesNOK million, preliminary4th quarter 202370 94472 643
Deposit-taking corporations except the central bank’
TotalNOK million, preliminary4th quarter 20234 185 1724 149 589
Short-term
Money market instrumentsNOK million, preliminary4th quarter 2023445 498303 907
Short term loanNOK million, preliminary4th quarter 2023..
Currency and depositsNOK million, preliminary4th quarter 20231 664 2241 659 976
Other debt liabilitiesNOK million, preliminary4th quarter 2023242 299326 242
Long-term
Bonds and notesNOK million, preliminary4th quarter 20231 671 2451 697 250
LoansNOK million, preliminary4th quarter 2023..
Currency and depositsNOK million, preliminary4th quarter 2023161 906162 214
Other sectors
TotalNOK million, preliminary4th quarter 20231 294 7121 276 413
Short-term
Money market instrumentsNOK million, preliminary4th quarter 202322 15913 431
LoansNOK million, preliminary4th quarter 202373 37468 182
Trade creditsNOK million, preliminary4th quarter 202375 46260 871
Other debt liabilitiesNOK million, preliminary4th quarter 2023152 876156 717
Long-term
Bonds and notesNOK million, preliminary4th quarter 2023672 013679 646
LoansNOK million, preliminary4th quarter 2023298 314295 528
Other debt liabilitiesNOK million, preliminary4th quarter 20235142 038
Direct Investment
TotalNOK million, preliminary4th quarter 2023775 763812 960
Exchange Rates3
EURONOK/EURO
US dollarNOK/USD
1Including financial derivatives.
2Preliminary figures. The figures are according to the Balance of Payment Manual (BPM6), and is compiled according to the assets and liability principle. For debt figures the principle of valuation is own funds at book value.
3See links below this table for data on exchange rates.
Explanation of symbols

Balance of Payments

International reserves

Merchandise Trade

EURO

US dollar

SDDS Population

SDDS Population
SDDS Population
Unit DescriptionObservations
Date of LatestLatest dataLatest -1 data
SDDS Data Category and Component
PopulationPersons4th quarter 20235 550 2035 533 582
Explanation of symbols

Population

Contact

Victoria Pålsson
E-mail: Victoria.Palsson@ssb.no
Tel.: (+47) 46 95 68 99