Main economic indicators 2009-2022. 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.
3CPI adjusted for tax changes and excluding energy products.
4Yearly average. Credit lines, secured on dwellings.
5Increasing index implies depreciation.
6Current account not adjusted for saving in pension funds.
7Average spot price Brent Blend.
Demand and output              
Consumption in households etc.
General government consumption4.
Gross fixed investment-7.0-
Extraction and transport via pipelines2.9-8.011.414.619.0-1.8-12.2-16.0-5.41.915.02.0-7.63.1
mainland Norway-10.6-
General government7.1-5.31.1-1.811.
Demand from Mainland Norway1-
Traditional goods-8.03.3-0.1-
Crude oil and natural gas-1.6-6.9-5.60.5-
Traditional goods-
Gross domestic product-
Mainland Norway-
Labour market              
Total hours worked, Mainland Norway-
Employed persons-0.4-
Labor force0.
Participation rate (level)72.571.771.571.471.270.771.070.469.770.270.570.870.970.8
Unemployment rate (level)
Prices and wages              
Wages per standard man-year4.
Consumer price index (CPI)
Export prices, traditional goods-
Import prices, traditional goods-
Housing prices1.
Income, interest rates and excange rate              
Household real income3.
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)53.3-3.7-2.4-
NOK per euro (level)8.738.017.797.477.818.358.959.299.339.609.8510.1010.1010.10
Current account              
Current balance (bill. NOK)6257281346374317341250138152252117225310344
Current account (per cent of GDP)10.610.812.412.610.310.
International indicators              
Exports markets indicator-10.511.
Consumer price index, euro-area0.
Money market rate, euro(level)
Crude oil price NOK (level)7391485622651639628432379453582562530503496