The Gross Domestic Product per capita in Norway was last recorded at 90160.16 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Norway, when adjusted by Purchasing Power Parity is equivalent to 508 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.

Norway NO: GNI: PPP data was reported at 337,954.042 Intl $ mn in 2017. This records an increase from the previous number of 322,635.673 Intl $ mn for 2016. Norway NO: GNI: PPP data is updated yearly, averaging 186,246.385 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 349,842.614 Intl $ mn in 2014 and a record low of 76,033.349 Intl $ mn in 1990. Norway NO: GNI: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

The share in the global GDP adjusted for PPP in Norway was forecast to continuously decrease between 2024 and 2029 by in total 0.03 percentage points. The share is estimated to amount to 0.27 percent in 2029. Depicted here is the share of a country's gross domestic product in the global gross domestic product. As the International Monetary Fund describes, the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.Find more key insights for the share in the global GDP adjusted for PPP in countries like Sweden, Finland, and Iceland.

Norway NO: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita data was reported at 64,800.057 Intl $ in 2017. This records an increase from the previous number of 64,159.544 Intl $ for 2016. Norway NO: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 60,677.024 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 65,083.259 Intl $ in 2007 and a record low of 42,813.765 Intl $ in 1990. Norway NO: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. 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. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Weighted average;

Graph and download economic data for Total Purchasing Power Parity Converted GDP, G-K method, at current prices for Norway (PPPGDPNOA619NUPN) from 1950 to 2010 about Norway, PPP, and GDP.

The gross domestic product (GDP) per capita in Norway was forecast to increase between 2024 and 2029 by in total 5,212.1 U.S. dollars (+5.76 percent). This overall increase does not happen continuously, notably not in 2026. According to this forecast, in 2029, the GDP per capita will have increased for the third consecutive year to 95,645.8 U.S. dollars. 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 prices and then divided by the total population. The gross domestic products 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).Find more key insights for the gross domestic product (GDP) per capita in countries like Sweden, Finland, and Denmark.

70,796 (international dollars) in 2021. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or “numeraire” currency.

Graph and download economic data for Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Norway (KCPPPGNOA156NUPN) from 1950 to 2010 about Norway, PPP, per capita, consumption, real, and GDP.

GDP per capita (constant LCU) in Norway was reported at 636362 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Norway - GDP per capita (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on February of 2025.

Graph and download economic data for Investment Share of Purchasing Power Parity Converted GDP Per Capita at current prices for Norway (CIPPPGNOA156NUPN) from 1950 to 2010 about Norway, PPP, investment, per capita, and GDP.

The GDP per capita in Norway passed 1,002,000 Norwegian kroner in 2022. It had fluctuated in the years before, dropping below 634,000 kroner in 2020 as the national economy was impacted by the COVID-19 pandemic. In 2021, Norway had one of the highest GDPs per capita in the world.

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.

This statistic displays the gross domestic product (GDP) per capita in purchasing power standards (PPS) in Norway from 2005 to 2023. The gross domestic product of Norway in the year 2023 was 173 PPS. The highest documented PPS in this time series was for 2022 when it reached 218 PPS.

Norway NO: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data was reported at 133,414.961 Intl $ mn in 2017. This records an increase from the previous number of 130,118.134 Intl $ mn for 2016. Norway NO: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data is updated yearly, averaging 89,897.186 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 133,414.961 Intl $ mn in 2017 and a record low of 57,754.851 Intl $ mn in 1990. Norway NO: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.; ; World Bank, International Comparison Program database.; Gap-filled total;

Until 2014, Norway's gross domestic product (GDP) per capita was a lot higher than the other Nordic countries'. However, after the fall of the oil price in 2014, Norway's GDP per capita decreased, but is still the highest in the region, and it increased to over 105,000 U.S. dollars in 2022. Moreover, while Iceland had the lowest GDP per capita together with Finland in 2015, it had the second highest in 2023 ahead of Denmark. The Nordic countries have some of the highest GDPs per capita in the world.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Norway (RGDPLPNOA625NUPN) from 1950 to 2010 about Norway, PPP, investment, per capita, consumption, government, GDP, and rate.

The share in the global GDP adjusted for PPP in Iceland was forecast to continuously decrease between 2024 and 2029 by in total 0.01 percentage points. While the share was increasing earlier, it deteriorated and the share was forecast to reach 0.01 percent in 2029. This indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.Find more key insights for the share in the global GDP adjusted for PPP in countries like Sweden, Norway, and Finland.

Norway NO: GDP: Value Added: Current PPP data was reported at 440.356 USD bn in 2022. This records an increase from the previous number of 277.747 USD bn for 2021. Norway NO: GDP: Value Added: Current PPP data is updated yearly, averaging 109.897 USD bn from Dec 1981 (Median) to 2022, with 42 observations. The data reached an all-time high of 440.356 USD bn in 2022 and a record low of 30.052 USD bn in 1981. Norway NO: GDP: Value Added: Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Norway – Table NO.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: OECD Member: Annual. In Norway, in 2007, a break in series occurs because of a change in compilation methods for health institutions. This affects both the Higher education sector (university hospitals) and Government sector (other hospitals).In 1995, the survey sample was revised to improve coverage of small firms (10 to 50 employees) and non-manufacturing industries. As of 1991, personnel in central administration units of higher education are not included, however the cost of such personnel is included in other current R&D expenditure (in line with the Frascati Manual). In 1987, own funds from Public enterprises were reclassified from funds from Government to the funds from the Business Enterprise sector. As of 1989, R&D performed by PNP institutes has been included in the government sector.The growth in resources devoted to R&D in 1984 is due to the expansion of the scope of the Business Enterprise sector survey. Based on new information, the estimate for defence GBARD in 2019 was reduced by about 12% compared with the previous year. The decrease is due to updated information and not to changes in the appropriations. The method for compiling GBARD data changed in 1996. The series have been revised retrospectively to exclude contract research, state enterprises and payments to the European Commission.

After having dropped by 1.3 percent in 2020 due to the outbreak of COVID-19, Norway's gross domestic product (GDP) grew by nearly four percent in 2021 compared to the previous year and by over three percent in 2022. The Norwegian economy stagnated in 2023 amid high inflation rates, but continued to grow the following year.

In the build up to the Second World War, the United States was the major power with the highest gross domestic product (GDP) per capita in the world. In 1938, the United States also had the highest overall GDP in the world, and by a significant margin, however differences in GDP per person were much smaller. Switzerland In terms of countries that played a notable economic role in the war, the neutral country of Switzerland had the highest GDP per capita in the world. A large part of this was due to the strength of Switzerland's financial system. Most major currencies abandoned the gold standard early in the Great Depression, however the Swiss Franc remained tied to it until late 1936. This meant that it was the most stable, freely convertible currency available as the world recovered from the Depression, and other major powers of the time sold large amounts of gold to Swiss banks in order to trade internationally. Switzerland was eventually surrounded on all sides by Axis territories and lived under the constant threat of invasion in the war's early years, however Swiss strategic military planning and economic leverage made an invasion potentially more expensive than it was worth. Switzerland maintained its neutrality throughout the war, trading with both sides, although its financial involvement in the Holocaust remains a point of controversy. Why look at GDP per capita? While overall GDP is a stronger indicator of a state's ability to fund its war effort, GDP per capita is more useful in giving context to a country's economic power in relation to its size and providing an insight into living standards and wealth distribution across societies. For example, Germany and the USSR had fairly similar GDPs in 1938, whereas Germany's per capita GDP was more than double that of the Soviet Union. Germany was much more industrialized and technologically advanced than the USSR, and its citizens generally had a greater quality of life. However these factors did not guarantee victory - the fact that the Soviet Union could better withstand the war of attrition and call upon its larger population to replenish its forces greatly contributed to its eventual victory over Germany in 1945.