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National accounts and business cycles: National accounts
All content for subtopic national accounts
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PPI continues to rise
The Producer Price Index (PPI) increased by 1.1 per cent from June to July. This was the fifth month in a row with an increase. Except from February this year the PPI has risen continuously since July 2017.
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Higher electricity prices
The Producer Price Index (PPI) increased by 2.2 per cent from May to June. The relatively sharp increase in electricity prices was the main reason for the increase in the PPI.
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Higher prices on oil and petroleum products
The Producer Price Index (PPI) increased by 1.2 per cent from April to May. This was the third month in a row with an increase. Except for February this year the PPI has risen continuously since July last year.
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Increased current account surplus
A surplus in both the balance of goods and services and income and current transfers contributed to a strong current account balance for Norway in the 1st quarter of 2018, ending at NOK 61 billion.
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Stable growth in mainland GDP
Growth in gross domestic product (GDP) for mainland Norway was 0.6 per cent in the 1st quarter of 2018. This is the fifth quarter with growth between 0.6 and 0.7 per cent.
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Energy prices increased in April
The Producer Price Index (PPI) increased by 3.3 per cent in April, mainly due to higher prices on energy goods. While higher prices on natural gas and crude oil caused a rise in Norway’s PPI, lower prices on electricity curbed the overall growth s...
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Accumulated pension entitlements in Norway
The estimated present value of Norwegian households’ total accrued-to-date pension entitlements in social insurance amounted to more than NOK 9 300 billon at the end of 2015.
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Structural development in the market economy of mainland Norway 1997-2014
Reports 2018/12
Using the Norwegian KLEMS database, this report investigates the structural development in the market economy of mainland Norway over 1997-2014.
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The price of oil drove the PPI up
The Producer Price Index (PPI) went up by 0.5 per cent in March. The PPI has been on an upward trend since the summer of 2017, having increased in seven of the last eight months.
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Strong growth in consumption from foreign tourists
Foreign tourists’ consumption in Norway amounted to NOK 50 billion in 2016. This contributed strongly towards a good year for the tourism industries.
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NOK 65 000 spent on health per capita
Norway spent NOK 65 000 per capita on health in 2017; about NOK 2 000 per capita more than in 2016. The preliminary figures for 2017 show that Norway’s current health expenditure was NOK 342 billion. This accounts for 10.4 per cent of Norway’s GDP.
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Crude oil down, basic metals up
The Producer Price Index (PPI) fell by 2.6 per cent from January to February, the first month of decline since July 2017.
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Higher surplus in current account balance
A high surplus on both the goods and service account and the income and current transfers account led to a higher surplus on the BOP current account from the 3rd to the 4th quarter of 2017.
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Crude oil and natural gas prices up
The Producer Price Index (PPI) increased 3.1 per cent from December to January, which continued the overall growth that started in July 2017. The rise from December to January was led by higher prices on crude oil and natural gas.
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Stable growth in mainland GDP in 2017
Growth in gross domestic product (GDP) for mainland Norway was 0.6 per cent in the 4th quarter of 2017, the same rate of growth as the three previous quarters. For the year as a whole, mainland GDP rose by 1.8 per cent in 2017, compared to 1.0 per...
Article