Norway

Country in Europe

In brief

GDP per person: $94,594 (2025). World rank 10 of 210 (1 = best); in Europe, 7 of 47. GDP per person at purchasing power parity: $104,044 (2025). World rank 7 of 199 (1 = best); in Europe, 3 of 44. Gross national income per person: $97,310 (2025). World rank 3 of 201 (1 = best); in Europe, 2 of 45. From 2015 to 2025: GDP $400.7B → $530.8B, GDP per person $77,221 → $94,594, and GDP per person at purchasing power parity $62,695 → $104,044. Better than all its neighbours (Finland, Sweden, and Russia): GDP per person, GDP per person at purchasing power parity, gross national income per person, and Gini index (0 = full equality).

Size and growth

GDP: $530.8B 2025
GDP per person: $94,594 2025
GDP per person at purchasing power parity: $104,044 2025
GDP growth per year: +1.1% 2025

Income and prices

Income level (World Bank): High income
Gross national income per person: $97,310 2025
Inflation: +3% 2025
Price level, USA = 100: 91 2025

Structure and jobs

Agriculture, share of GDP: 1.6% 2025
Industry, share of GDP: 34.5% 2025
Services, share of GDP: 55.1% 2025
Unemployment: 4.6% 2025
Youth unemployment, ages 15–24: 13.4% 2025
Women in work or seeking work: 62.1% 2025

Trade and finance

Exports, share of GDP: 45.4% 2025
Imports, share of GDP: 33.7% 2025
Current account balance, share of GDP: +14.1% 2025
Foreign direct investment, share of GDP: -1.3% 2025
Remittances received, share of GDP: 0.2% 2025
Tax revenue, share of GDP: 24.5% 2024
Currency: Norwegian Krone (NOK)

Poverty and inequality

Gini index (0 = full equality): 26.5 2023
Living on under $3 a day: 0.2% 2023