Articles for National accounts
Articles, analysis, and publications
- Fall in car purchases reduced Mainland GDP Article 16 March
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.
- Norwegian economy in 2022: High growth, high prices Article 15 February
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.
- Car purchases contributed to Mainland GDP growth in November Article 12 January
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.
- GDP for Mainland Norway remains flat in October Article 13 December
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.
- GDP for Mainland Norway increased 0.8 per cent in the third quarter Article 18 November
The economic activity fell in July but increased in August and September. The growth was driven by increased activity in the service industries.
- Increase in GDP for Mainland Norway in August Article 7 October
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.
- The decline in Norwegian Mainland GDP continued in July Article 8 September
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.
- GDP for Mainland Norway flattened out through the second quarter Article 18 August
GDP for mainland Norway increased 0.7 per cent in the second quarter, seasonally adjusted figures show. At the same time, the Norwegian economy is characterized by strong price growth, as a result of high energy and raw material prices.
- Decline in the Norwegian economy Article 7 July
The GDP for Mainland Norway fell 0.2 per cent from April to May, adjusted for seasonal and calendar effects.
- Decreased GDP for Mainland Norway in April Article 13 June
The GDP for Mainland Norway fell by 0.5 per cent in April, adjusted for seasonal and calendar effects. Growth continued in parts of the economy, and the industries hardest hit by the pandemic recovered further. A decline in electricity, aquaculture and wholesale and retail trade nevertheless led to a decline in the mainland economy.
- Recovery in the Norwegian economy throughout the first quarter Article 13 May
Seasonally adjusted figures from the national accounts show that GDP for mainland Norway increased 1.0 per cent in March. Increased prices on important export goods like oil and gas led to a huge trade surplus and a significant upturn in total GDP measured in current prices.
- Reopening and fishing boosted the mainland economy Article 8 April
Seasonally adjusted figures from the National Accounts show that GDP for Mainland Norway increased 0.5 per cent in February. Fishing was the largest contributor to the growth in the mainland economy. There was also an increase in many service industries after Covid restrictions were lifted.
- Further decline in the Norwegian economy Article 8 March
GDP for mainland Norway fell 0.9 percent in January, adjusted for seasonal and calendar effects. Electricity and traditional fishing contributed most to the decline. At the same time, parts of the service industries were still affected by the Covid-19 restrictions introduced in December.
- Strong resurgence in the Norwegian economy in 2021 Article 16 February
Preliminary figures from the National Accounts for 2021 show that GDP for mainland Norway increased 4.2 per cent from 2020. Mainland GDP grew 1.4 per cent in the fourth quarter and fell 0.4 per cent in December.
- Increased activity for Mainland Norway in November Article 12 January
Seasonally adjusted figures from the national accounts show that GDP for Mainland Norway continued to increase in November. Many industries that have been affected by the pandemic continued their recovery. The growth in November was also driven by less cyclical industries.