Articles for National accounts
Articles, analysis, and publications
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.
GDP Mainland-Norway decreased 0.2 per cent in August. The decline was roughly the same size as the rise the previous month.
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.
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.
GDP Mainland Norway increased 0.5 per cent in May after a similar decline the month prior.
The decline in Mainland GDP was broadly based. There was also a fall in consumption.
GDP Mainland Norway only increased 0.2 per cent in the first quarter of 2023. However, the development in employment through the last half of last year continued in the 1st quarter, with an increase of 0.5 per cent.
GDP Mainland Norway fell 0.2 per cent in February. A decline in construction, as well as support activities for petroleum and natural gas extraction, were the main contributors to the overall decline.
GDP Mainland Norway fell 0.2 per cent in January. A significant fall in wholesale and retail trade, especially the sale of motor vehicles, contributed most to the decline.
GDP for Mainland Norway increased 3.8 per cent from 2021 to 2022. In 2022, the Norwegian economy was impacted by recovery after the pandemic and sharp price increases, especially on energy products.
The Gross Domestic Product (GDP) of Mainland Norway grew by 0.2 percent in November. Retail trade was the main contributor to the growth. Declines in some parts of the industry decreased the growth.
The growth for GDP Mainland Norway flattened from September to October, adjusted for seasonal and calendar effects. Besides fishing, GDP Mainland Norway increased 0.2 per cent.
The economic activity fell in July but increased in August and September. The growth was driven by increased activity in the service industries.
GDP for Mainland Norway increased 0.4 per cent from July to August, adjusted for seasonal variations. Increased prices for important export goods led to total GDP increasing as much as 6.7 per cent, measured in current prices.
GDP for Mainland Norway decreased 0.3 per cent in July, adjusted for seasonal variations. The decline in wholesale and retail trade continued. At the same time, there was an increased activity in several industries, particularly in manufacturing. Gas prices rose sharply from June to July, which led to total GDP growing by 6.9 per cent, measured in current prices.