Economic Survey

Articles, analysis, and publications

2022

  1. Economic Survey 3/2022 Article 27 September

    In November 2021, the decline in economic activity during the pandemic had been recouped. In December and in January 2022 mainland GDP slumped again as a consequence of new infection control measures in connection with the omicron variety. Activity picked up strongly again in February and March, and in March 2022 was roughly cyclically neutral.

  2. Economic Survey 2/2022 Article 1 July

    Almost the entire decline in economic activity ­during the pandemic was recouped in 2021. In December last year and January this year infection control measures in connection with the omicron variant of the coronavirus led to a fall in mainland GDP, but no more than 1.5 per cent for the two months combined. The reopening of society in late January and early February caused activity to pick up again, and in March mainland GDP was only slightly lower than what we regard as a trend level for the economy.

  3. Economic Survey 1/2022 Article 6 April

    In the course of 2021, almost the entire decline in economic activity during the pandemic was recouped. Activity in November last year was close to what we regard as a trend level for the economy.

2021

  1. Economic Survey 4/2021 Article 20 December

    Activity in the Norwegian economy picked up considerably through the summer and autumn. As a result of lower infection rates, increased vaccination and the easing of national restrictions, mainland GDP had already rebounded by June to the same level as before the pandemic struck in March last year.

  2. Economic Survey 3/2021 Article 23 September

    The reopening of society is well under way, and activity in the Norwegian economy has increased in recent months. After the first lockdown, mainland GDP fell by over 10 per cent from February to April last year, according to the monthly national accounts.

  3. Economic Survey 2/2021 Article 22 June

    Vaccination against COVID-19 has come a long way, and the re-opening of society will give a considerable boost to economic activity in Norway. Following the first lockdown in March 2020, mainland GDP fell by over10 per cent from February to April last year, according to the monthly national accounts.

  4. Economic Survey 1/2021 Article 7 April

    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.