Norwegian economy

Economic Survey 4-2014


Reduced demand from the petroleum industry and low growth in household demand are expected to lead to a clear but brief downturn in the economy. Despite high growth in the structural non-oil public deficit and even lower interest rates, mainland Norway’s GDP is expected to increase by just 1.0 per cent in 2015, while unemployment will reach 4 per cent in 2016.

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