National accounts and business cycles: National accounts

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  • Low activity in the Mainland Economy continues in April

    GDP in Mainland Norway increased 0.3 per cent in April, adjusted for seasonal variation. The growth follows a downturn lasting all three months of the 1st quarter of 2021

  • Fall in mainland-GDP in the 1. quarter

    There was a decline in economic activity in each of the first three months of the year. Measured in constant prices, GDP for mainland Norway fell by 1.0 per cent in the 1. quarter after a recovery in the two previous quarters, according to seasona...

  • Big twelve-month change in total PPI

    In April 2021, The producer price index (PPI) was high compared to April of last year. Prices on energy goods were unusual low one year ago due to among other things a global shutdown caused by the Corona pandemic.

  • Accrued to date liabilities, national numbers 2014-2018

    Reports 2021/18

  • Further decline in Mainland GDP

    Mainland Norway’s GDP fell 0.5 per cent in February, adjusted for normal seasonal fluctuations. The infection rates increased in the new year, and both local and national infection control measures introduced in January continued into February.

  • Electricity pulls PPI down

    The producer price index (PPI) had a small down turn in March. Lower prices on electricity, gas and steam was an important factor for this outcome. However, the fall was reduced by higher prices on refined petroleum products.

  • The solid growth in PPI continues

    The Producer Price Index (PPI) increased by 5.4 per cent in February, mainly due to continued price increase on multiple energy goods and in selected manufacturing industries. The price growth in energy goods makes the total price index for the do...

  • Service industries dampened the GDP growth

    Mainland Norway's GDP fell 0.2 per cent in January, adjusted for normal seasonal fluctuations. The infection rates in Norway increased in the new year, and there were many changes in both national and local infection control measures throughout th...

  • Primary income growth resulted in a positive current account balance in 2020

    The balance of goods and services ended at NOK 8 billion in the fourth quarter of 2020 following two consecutive quarters below zero, according to preliminary figures. This did not prevent Norway from having a trade deficit for the year 2020, whic...

  • GDP for Mainland Norway decreased 2.5 per cent in 2020

    Preliminary figures from the National Accounts for 2020 show that GDP for Mainland Norway fell 2.5 per cent from 2019. Mainland GDP growth was 1.9 per cent in the 4th quarter and activity levels grew 1 per cent in December.

  • Solid price growth in PPI by year’s beginning

    The producer price index (PPI) increased by 5.3 per cent in January. An increase in prices on several energy goods contributed strongly to this increase. The prices on electricity had the largest percentage wise increase.

  • Moderate downturn in the Mainland Economy in November

    GDP for mainland Norway decreased by 0.9 per cent in November, seasonally adjusted figures show. The decline followed six consecutive months of growth after the abrupt downturn in the spring. Monthly activity in the Mainland economy in November wa...

  • Price increase in PPI by year’s end

    The producer price index (PPI) increased by 1.6 percent in December. An increase in prices on several energy goods contributed to this increase. The price decrease in some manufacturing industries dampened the increase in PPI.

  • Higher prices on crude oil and natural gas

    The producer price index (PPI) increased by 4.5 per cent in November, mainly due to higher prices on crude oil and natural gas as well as refined petroleum products.

  • Steady recovery in the Mainland economy continues in October

    GDP for mainland Norway increased by 1.2 per cent in October, seasonally adjusted figures show. Adjusted for unusually strong activity in traditional fishing, the growth was closer to 0.9 per cent. Monthly activity in the Mainland economy in Octob...