Main economic indicators 2004-2019. Accounts and forecasts. Percentage change from previous year unless otherwise noted
1Consumption in households and non-profit organizations + general government consumption + gross fixed capital formation in mainland Norway.
2Change in stockbuilding. Per cent of GDP.
3According to Statistics Norway's labour force survey(LFS). Break in data series in 2006.
4CPI adjusted for tax changes and excluding energy products.
5Break in data series in 2004.
6Yearly average. Lending rate, banks until 2006.
7Increasing index implies depreciation.
8Average spot price Brent Blend.
Demand and output                
Consumption in households etc.
General government consumption1.
Gross fixed investment10.
Extraction and transport via pipelines10.519.
mainland Norway10.711.19.314.20.9-10.4-
General government2.6-
Demand from Mainland Norway15.
Crude oil and natural gas-0.7-5.0-6.6-2.4-1.3-1.6-6.9-5.60.5-
Traditional goods3.
Traditional goods11.78.411.67.21.2-
Gross domestic product4.
Mainland Norway5.
Labour market                
Total hours worked, Mainland Norway2.
Employed persons0.
Labor force30.
Participation rate (level)372.672.472.072.873.972.871.971.471.571.
Unemployment rate (level)
Prices and wages                
Wages per standard man-year3.
Consumer price index (CPI)
Export prices, traditional goods8.
Import prices, traditional goods3.
Housing prices510.18.213.712.6-
Income, interest rates and excange rate                
Household real income3.48.3-
Household saving ratio (level)7.09.6-
Money market rate (level)
Lending rate, credit loans(level)
Real after-tax lending rate, banks (level)
Importweighted krone exchange rate (44 countries)73.0-3.90.7-
NOK per euro (level)
Current account                
Current balance (bill. NOK)220.6322.8357.7287.4408.3258.2282.7344.9368.6314.2376.7272.7219.1252.3268.7308.1
Current balance (per cent of GDP)12.416.
International indicators                
Exports markets indicator7.
Consumer price index, euro-area2.
Money market rate, euro(level)
Crude oil price NOK (level)8255356423423536388484621649639621430366411439466