Norway flag

Economy of Norway

GDP, industries, trade data, and economic indicators

GDP
$579,267M
USD (nominal)
GDP per Capita
$106,150
USD per person
GDP Growth
+3.3%
Annual rate
HDI Score
0.961
Rank #2 worldwide
Unemployment
3.2%
Of labor force
Inflation
5.8%
Consumer prices

GDP per Capita Comparison

Norway $106,150
United States (reference) $76,330

Norway's GDP per capita is 100.0% of the US level.

Major Industries

Petroleum Maritime Aquaculture Metals Technology

International Trade

Top Exports

  1. 1 Petroleum
  2. 2 Natural Gas
  3. 3 Fish
  4. 4 Metals
  5. 5 Chemicals

Top Imports

  1. 1 Machinery
  2. 2 Vehicles
  3. 3 Electronics
  4. 4 Food Products
  5. 5 Metals

Top Trade Partners

Currency

Norwegian Krone
Currency code: NOK

Human Development Index (HDI)

#2
World Ranking
HDI Score: 0.961 Very High Development
0.0 0.55 0.70 0.80 1.0

Frequently Asked Questions

What is the GDP of Norway?
The GDP of Norway is approximately $579,267 million USD.
What are the major industries in Norway?
The major industries in Norway include Petroleum, Maritime, Aquaculture, Metals, Technology.
What currency does Norway use?
Norway uses the Norwegian Krone (NOK).
What is the unemployment rate in Norway?
The unemployment rate in Norway is approximately 3.2%.
What does Norway export?
Norway's top exports include Petroleum, Natural Gas, Fish, Metals, Chemicals.