Main economic indicators. Accounts and forecasts1
1Percentage change from previous year unless otherwise noted.
2Consumption in households and non-profit organizations + general government consumption + gross fixed capital formation in mainland Norway.
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 etc3.
General government consumption2.
Gross fixed investment-
Extraction and transport via pipelines-8.011.414.619.0-1.8-12.2-16.0-5.41.912.8-3.5-10.5-1.5-4.0
Gross fixed investment mainland Norway-
General government-5.31.1-1.811.
Demand from Mainland Norway21.
Exports of traditional goods3.3-0.1-
Exports of crude oil and natural gas-6.9-5.60.5-
Imports of traditional goods9.
Gross domestic product0.
GDP Mainland Norway1.
GDP Manufacturing2.
Labour market
Total hours worked, Mainland Norway0.
Employed persons-
Labor force0.
Participation rate (level)71.771.571.471.270.771.070.469.770.270.570.270.070.570.8
Unemployment rate (level)
Prices and wages
Wages per standard man-year3.
Consumer price index (CPI)
Export prices, traditional goods4.55.8-
Import prices, traditional goods0.
Housing prices8.
Income, interest rates and excange rate
Household real income2.
Household saving ratio (level)
Money market rate (level)
Lending rate, credit loans (level)
Real after-tax lending rate, banks (level)
Importweighted NOK exchange rate (44 countries)5-3.7-2.4-
NOK per euro (level)8.017.797.477.818.358.959.299.339.609.8510.7610.7910.7910.79
Current account
Current balance (NOK billion)6281346374317341250138152252140142166229272
Current account (per cent of GDP)10.812.412.610.310.
International indicators
Exports markets indicator11.
Consumer price index, euro-area1.
Money market rate, euro (level)
Crude oil price USD (level)780111112109100534555726439454851
Crude oil price NOK (level)7485622650639627431379452583564375436464490