Articles for National accounts

Articles, analysis, and publications

2025

  1. 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.

  2. 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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. GDP Mainland Norway declined 0.2 per cent from October to November. The three-month growth was 0.1 per cent.

2023

  1. GDP Mainland Norway increased 0.4 per cent from September to October. The three-month growth was 0.0 per cent.

  2. 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.

  3. GDP Mainland-Norway decreased 0.2 per cent in August. The decline was roughly the same size as the rise the previous month.

  4. 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.

  5. 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.

  6. GDP Mainland Norway increased 0.5 per cent in May after a similar decline the month prior.