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 etc2.
General government consumption1.
Gross fixed investment7.57.56.3-0.3-
Extraction and transport via pipelines11.414.619.0-1.8-12.2-16.0-5.40.712.6-4.9-3.0-
Gross fixed investment mainland Norway5.
General government1.1-1.811.
Demand from Mainland Norway22.
Exports of traditional goods-0.1-
Exports of crude oil and natural gas-5.60.5-
Imports of traditional goods4.
Gross domestic product1.
GDP Mainland Norway1.
GDP Manufacturing1.
Labour market
Total hours worked, Mainland Norway1.
Employed persons1.
Labor force1.
Participation rate (level)71.571.471.270.771.070.469.770.270.570.470.270.670.971.1
Unemployment rate (level)
Prices and wages
Wages per standard man-year4.
Consumer price index (CPI)
Export prices, traditional goods5.8-
Import prices, traditional goods4.
Housing prices8.
Income, interest rates and excange rate
Household real income4.
Household saving ratio (level)
Money market rate (level)
Lending rate, credit loans (level)
Real after-tax lending rate, banks (level)
Import-weighted NOK exchange rate (44 countries)5-2.4-
NOK per euro (level)7.797.477.818.358.959.299.339.609.8510.7210.2010.1810.1810.18
Current account
Current balance (NOK billion)634637431734125013818028310266329416450421
Current account (per cent of GDP)12.412.610.310.
International indicators
Exports markets indicator6.
Consumer price index, euro-area2.
Money market rate, euro (level)
Crude oil price USD (level)711111210910053455572644365625957
Crude oil price NOK (level)7622650639627431379452583564407558528503488