Main economic indicators 2006-2021. 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.
5Yearly average. Lending rate, banks until 2006.
6Increasing index implies depreciation.
7Current account not adjusted for saving in pension funds.
8Average spot price Brent Blend.
Demand and output                
Consumption in households etc.
General government consumption1.
Gross fixed investment9.111.70.9-6.8-
Extraction and transport via pipelines3.
mainland Norway9.314.20.9-10.4-
General government8.
Demand from Mainland Norway15.16.41.7-
Traditional goods6.19.23.5-8.03.3-0.1-
Crude oil and natural gas-6.6-2.4-1.3-1.6-6.9-5.60.5-
Traditional goods11.67.21.2-
Gross domestic product2.43.00.5-
Mainland Norway5.05.71.8-
Labour market                
Total hours worked, Mainland Norway3.54.83.6-
Employed persons3.44.13.2-0.5-
Labor force31.
Participation rate (level)372.072.873.972.871.971.471.571.
Unemployment rate (level)
Prices and wages                
Wages per standard man-year4.
Consumer price index (CPI)
Export prices, traditional goods11.32.42.8-
Import prices, traditional goods4.03.73.9-
Housing prices13.712.5-
Income, interest rates and excange rate                
Household real income-
Household saving ratio (level)-
Money market rate (level)
Lending rate, credit loans(level)
Real after-tax lending rate, banks (level)
Importweighted krone exchange rate (44 countries)60.7-
NOK per euro (level)
Current account                
Current balance (bill. NOK)7357.7287.4408.3260.9282.8344.7370.7315.5330.9246.5118.3168.3231.0227.5271.2310.5
Current balance (per cent of GDP)
International indicators                
Exports markets indicator9.86.61.9-9.611.
Consumer price index, euro-area2.
Money market rate, euro(level)
Crude oil price NOK (level)8423423536388484621649639621431378445486456464472