The Gross Domestic Product per capita in Norway was last recorded at 79670.14 US dollars in 2024. The GDP per Capita in Norway is equivalent to 631 percent of the world's average. This dataset provides the latest reported value for - Norway GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) per capita in Norway amounted to 86,590 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 70,840 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 19,770 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Actual value and historical data chart for Norway GDP Per Capita Growth Annual Percent

Norway's quarterly gross domestic product (GDP) per capita at current prices from the 1st quarter of 2014 to the 2nd quarter of 2024. The largest growth was between the 3rd quarter of 2022.

The Gross Domestic Product per capita in Norway was last recorded at 91108.24 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Norway, when adjusted by Purchasing Power Parity is equivalent to 513 percent of the world's average. This dataset provides the latest reported value for - Norway GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Actual value and historical data chart for Norway GDP Per Capita Us Dollar

The statistic displays the global gross domestic product (GDP) per capita from 2014 to 2024. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2024, global GDP per capita amounted to about 13,673 U.S. dollars. Gross domestic product and global economy The global economy suffered a major impact with the global financial crisis of 2008 but after a drop in global gross domestic product (GDP) per capita in 2009, the global economy recovered and reached record-high GDP per capita prices in 2013. Global GDP per capita has doubled over the past decade. Gross domestic product of industrial countries and emerging and developing countries combined is greater than GDP of all the other selected global regions combined, indicating economic prosperity and recovery despite some financial backsets. In the main industrialized and emerging countries, gross domestic product per capita is highest for the United States, followed by Germany and France. In the European Union, despite the financial crisis of 2008, GDP per capita has improved significantly. Another member of the European Union, Luxembourg, even reports the largest GDP per capita worldwide, followed by non-EU members Norway and Qatar.

Key information about Norway Real GDP Growth

• The Gross Domestic Product (GDP) in Norway expanded 2.2 % YoY in Sep 2025, following a growth of 0.3 % in the previous quarter.
• Real GDP Growth YoY data in Norway is updated quarterly, available from Mar 1979 to Sep 2025, with an average rate of 2.9 %.
• The data reached an all-time high of 9.0 % in Mar 1980 and a record low of -3.6 % in Dec 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. Statistics Norway provides Real GDP in local currency, at chain linked 2023 prices.


Related information about Norway Real GDP Growth

• In the latest reports, Nominal GDP of Norway reached 136.4 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 0.0 % in Sep 2025.
• GDP Per Capita in Norway reached 86,723.8 USD in Dec 2024.
• Its Gross Savings Rate was measured at 33.7 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 23.3 % in Sep 2025.
• Public Consumption accounted for 23.3 % in Sep 2025.
• Private Consumption accounted for 43.0 % in Sep 2025.

GDP per capita based on PPP of Norway grew by 0.59% from 100,437 international dollars in 2023 to 101,032 international dollars in 2024. Since the 5.40% drop in 2020, GDP per capita based on PPP soared by 50.54% in 2024. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

9,32,843 (LCU) in 2024. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Os dados de Pib Per Capita da Noruega foram registrados em 86,723.790 USD em 2024. Este registro de uma queda com relação aos números anteriores de 87,514.339 USD em 2023. Os dados de Pib Per Capita da Noruega são atualizados anualmente, com uma média de 7,416,868.821 USD em 1915 até 2024, com 104 observações. Os dados alcançaram um alto recorde de 41,839,858.764 USD em 2021 e um baixo recorde de 1,204,453.807 USD em 1996. Os dados de Pib Per Capita da Noruega permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: GDP Per Capita: USD: Annual.

Actual value and historical data chart for Norway GDP Per Capita Constant Lcu

Key information about Norway Nominal GDP

• Norway Nominal GDP reached 136.4 USD bn in Sep 2025, compared with 132.8 USD bn in the previous quarter.
• Nominal GDP in Norway is updated quarterly, available from Mar 1978 to Sep 2025, with an average number of 42.9 USD bn.
• The data reached an all-time high of 168.3 USD bn in Sep 2022 and a record low of 10.9 USD bn in Jun 1978.

CEIC converts quarterly Nominal GDP into USD. Statistics Norway provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Related information about Norway Nominal GDP

• In the latest reports, Norway GDP expanded 2.2 % YoY in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 0.0 % in Sep 2025.
• Norway GDP Per Capita reached 86,723.8 USD in Dec 2024.
• Its Gross Savings Rate was measured at 33.7 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 23.3 % in Sep 2025.
• Public Consumption accounted for 23.3 % in Sep 2025.
• Private Consumption accounted for 43.0 % in Sep 2025.

The gross domestic product (GDP) in current prices in Norway stood at 483.59 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 419.15 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 138.22 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Key information about Norway Public Consumption: % of GDP

• Norway Public Consumption accounted for 23.3 % of its Nominal GDP in Sep 2025, compared with a share of 24.0 % in the previous quarter.
• Norway Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1978 to Sep 2025, with an average number of 21.0 %.
• The data reached an all-time high of 27.7 % in Jun 2020 and a record low of 15.9 % in Sep 2022.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Statistics Norway provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Norway Public Consumption: % of GDP

• In the latest reports, Norway GDP expanded 2.2 % YoY in Sep 2025.
• Norway Nominal GDP reached 136.4 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 0.0 % in Sep 2025.
• Norway GDP Per Capita reached 86,723.8 USD in Dec 2024.
• Its Gross Savings Rate was measured at 33.7 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 23.3 % in Sep 2025.
• Private Consumption accounted for 43.0 % in Sep 2025.

Key information about Norway Investment: % of GDP

• Norway Investment accounted for 23.3 % of its Nominal GDP in Sep 2025, compared with a ratio of 22.5 % in the previous quarter.
• Norway investment share of Nominal GDP data is updated quarterly, available from Mar 1978 to Sep 2025, with an average ratio of 18.5 %.
• The data reached an all-time high of 35.6 % in Jun 1986 and a record low of 16.9 % in Dec 2003.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Statistics Norway provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about Norway Investment: % of GDP

• In the latest reports, Norway GDP expanded 2.2 % YoY in Sep 2025.
• Norway Nominal GDP reached 136.4 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 0.0 % in Sep 2025.
• Norway GDP Per Capita reached 86,723.8 USD in Dec 2024.
• Its Gross Savings Rate was measured at 33.7 % in Sep 2025.

Pdb Per Kapita Norwegia dilaporkan sebesar 86,723.790 USD pada 2024. Rekor ini turun dibanding sebelumnya yaitu 87,514.339 USD untuk 2023. Data Pdb Per Kapita Norwegia diperbarui tahunan, dengan rata-rata 7,416,868.821 USD dari 1915 sampai 2024, dengan 104 observasi. Data ini mencapai angka tertinggi sebesar 41,839,858.764 USD pada 2021 dan rekor terendah sebesar 1,204,453.807 USD pada 1996. Data Pdb Per Kapita Norwegia tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: GDP Per Capita: USD: Annual.

GDP per capita (constant 2015 US$) in Norway was reported at 79670 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Norway - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Norway (NAEXKP04NOA659S) from 1979 to 2024 about fixed capital formation, Norway, fixed, capital, gross, real, and GDP.