Norwegian economy

Economic Survey 4-2008


The most recent national quarterly accounts figures confirm the picture of a pronounced turnaround in the Norwegian economy in 2008. So far the cyclical downturn has been moderate, and GDP growth has been positive. The turnaround has affected the labour market, although unemployment has only risen recently. Unemployment growth has come to a halt, the supply of vacancies has decreased and the number of lay-offs has increased.

Read the whole article: Cyclical developments in Norway in PDF format.