Articles for National accounts
Articles, analysis, and publications
2025
Norwegian economy increased in the first quarter Article 15 May
Mainland Norway's GDP grew 1.0 per cent in the first quarter of 2025, after a decline of 0.4 per cent in the first quarter of 2024. The increase in the first quarter was broadly based, but the growth was particularly strong in power production and retail trade.
Weak growth in the Norwegian economy i 2024 Article 11 February
Mainland Norway's gross domestic product (GDP) increased 0.6 per cent from 2023 to 2024, measured in constant prices. Total GDP grew by 2.1 per cent due to high activity in the extraction industry.
2024
Norwegian economy increased more than previously published Article 21 November
New figures show that GDP Mainland Norway increased 4.3 per cent in 2022, measured in fixed prices. That is 0.6 percentage points more than previously estimated. In the 3rd quarter of 2024 GDP Mainland Norway increased 0.5 per cent.
Mainland economy at a standstill and high activity in oil and gas extraction Article 22 August
Mainland Norway's GDP increased 0.1 per cent in Q2 2024. High activity in the oil and gas extraction industry led to a 1.4 per cent increase in total GDP.
Weak Development in Norwegian Economy in First Quarter Article 16 May
GDP Mainland Norway grew by 0.2 percent in the first quarter of 2024. Households reduced purchases of durable goods, especially cars. Gross fixed capital formation in dwelling services continued to fall.
The mainland economy decreased 0.2 percent in February Article 11 April
Administrative and support service activities and wholesale and retail trade contributed the most to the decrease in Mainland GDP The rolling three-month growth was 0.1 percent.
Norwegian Economy Grew 0.4 Per Cent in January Article 18 March
Wholesale and retail trade contributed the most for GDP Mainland Norway, followed by the electricity industry. The three-month growth was 0.2 per cent.
Weak development in the Norwegian economy in 2023 Article 14 February
GDP for Mainland Norway increased 0.7 per cent from 2022 to 2023, measured in constant prices. The Norwegian economy had an almost flat development through 2023 and grew 0.2 per cent in the fourth quarter.
Downturn in Electricity and Fishing Caused Decline in Norwegian Economy Article 16 January
GDP Mainland Norway declined 0.2 per cent from October to November. The three-month growth was 0.1 per cent.
2023
The Norwegian Economy Increased in October Article 12 December
GDP Mainland Norway increased 0.4 per cent from September to October. The three-month growth was 0.0 per cent.
Flat Development in the Norwegian Economy in the Third Quarter Article 23 November
GDP Mainland Norway increased 0.1 per cent in the third quarter. Disregarding industries that were heavily affected by the weather, there was a decrease of 0.1 per cent.
The Norwegian Economy declined in august Article 9 October
GDP Mainland-Norway decreased 0.2 per cent in August. The decline was roughly the same size as the rise the previous month.
The Norwegian Economy Increased 0.2 per cent in July Article 12 September
Growth in administrative and support service activities, as well as selected manufacturing industries, contributed to an uptick in the gross domestic product for Mainland Norway. Consumption in households increased.
Zero growth for Norwegian economy in the second quarter Article 22 August
GDP Mainland Norway remained flat from the first to the second quarter of 2023. Apart from car purchases, household consumption decreased. There was also weak development in several industries.
Increase in GDP for Mainland Norway in May Article 7 July
GDP Mainland Norway increased 0.5 per cent in May after a similar decline the month prior.