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Norwegian industrial managers report a moderate increase in production in the first quarter. New orders and stock of orders
also increase marginally. The general expectations for the second quarter of 2021 are also positive among most of the industry
The spread of the COVID-19 virus and infection control measures continue to mark economic developments in Norway. The first
lockdown in March 2020 led to mainland GDP falling by around 11 per cent from February to April last year, according to the
monthly national accounts.
Activity in the Norwegian economy is expected to see a marked increase this summer as a result of the vaccination programme.
The key policy interest rate is likely to return to the pre-pandemic level of 1.5 per cent in 2024.
Strong ageing, lower population growth, as well as a larger and older immigrant population. According to the 2020 national
population projections, these are some of the important changes that will occur this century. In the short term, the Corona
pandemic is not expected to increase mortality rates, but fertility and immigration are expected to be temporarily lowered.
The spread of coronavirus has increased the demand for more frequent publications of deaths in Norway. Every Tuesday at 8am
the latest weekly death statistics will be published here. It should be noted that these figures are preliminary and refer
to all deaths, not only those related to coronavirus.
The Sustainable Development Goals consist of 17 goals and 169 targets that see the environment, economy and social development
in context up to 2030. This fact page shows developments in selected areas.