According to the IMF World Economic Outlook (April 2024), Norway's nominal GDP in 2024 is projected to be around $527 billion at current prices. Based on PPP, Norway's GDP in 2024 is forecast at 461 billion international dollars.

Norway has the 14th largest economy by GDP (nominal) and 19th by GDP (PPP) in Europe, the 31st largest by nominal GDP in the world, and 53rd by GDP (PPP).

  • Nominal
  • PPP

Projections by IMF

Year GDP (billions of $/Int. $)
NominalPPP
2023485.51443.48
2024526.95461.11
2025554.78478.24
2026564.34495.54
2027581.22512.88
2028597.96529.87
2029617.10547.68

Estimates by World Bank

Year GDP Nominal (billions of $) GDP PPP (billions Int. $) Share (%) to World Rank/Total
CurrentConstant (2015) CurrentConstant (2017)NominalPPPNominalPPP
19605.1668.52--0.373-24/99-
19615.6372.82--0.388-24/101-
19626.0774.87--0.391-24/103-
19636.5177.71--0.389-24/103-
19647.1681.60--0.391-24/103-
19658.0685.91--0.404-23/112-
19668.7089.16--0.402-24/114-
19679.5194.74--0.413-22/117-
196810.1696.88--0.409-22/119-
196911.06101.25--0.404-23/119-
197012.81103.62--0.427-23/125-
197114.58109.50--0.440-23/127-
197217.36115.34--0.455-22/127-
197322.53120.57--0.484-23/127-
197427.15125.30--0.506-24/128-
197532.88131.50--0.550-24/130-
197635.94139.16--0.553-26/131-
197741.51144.95--0.565-25/134-
197846.52150.56--0.535-26/133-
197953.13157.14--0.528-26/134-
198064.44164.31--0.568-27/146-
198163.60166.94--0.542-28/149-
198262.65167.33--0.540-28/150-
198361.63173.98--0.521-28/151-
198462.06184.51--0.504-26/152-
198565.42194.76--0.507-26/154-
198678.69202.63--0.516-25/156-
198794.23206.18--0.542-24/160-
1988101.90205.66--0.525-26/163-
1989102.63207.79--0.506-26/163-
1990119.79211.8178.30179.420.5240.26628/17849/162
1991121.87218.3483.45184.960.5110.26927/17850/164
1992130.84226.1588.40191.570.5130.27326/17948/167
1993120.58232.5893.07197.020.4650.27528/18149/168
1994127.13244.3499.87206.980.4560.28029/18349/170
1995152.03254.49106.20215.580.4900.28227/19250/180
1996163.52267.29117.53226.420.5150.29426/19249/180
1997161.36281.41126.03238.390.5100.29828/19250/181
1998154.23288.92124.96244.750.4890.28626/19450/181
1999162.38294.91136.42249.820.4960.29826/19549/182
2000171.46304.70166.12258.110.5070.33826/19947/188
2001174.24311.00170.75263.450.5180.33125/20147/189
2002195.92315.28172.71267.080.5610.31923/20647/190
2003229.39318.26176.59269.600.5860.30923/20646/190
2004265.27331.04195.95280.420.6010.31722/20647/191
2005309.98339.92221.77287.950.6490.33323/20647/191
2006346.91348.29253.38295.040.6700.34823/20747/192
2007402.65358.44264.54303.640.6900.33524/20750/192
2008464.92360.17295.98305.100.7250.35424/20846/194
2009387.97353.18268.58299.180.6380.31926/20850/195
2010431.05355.96284.69301.540.6470.31725/20950/195
2011501.36359.90309.37304.870.6790.32326/21247/196
2012512.78369.68330.09313.160.6790.32824/21046/194
2013526.01373.43342.25316.340.6780.32423/21146/196
2014501.74381.08340.77322.820.6290.31126/21248/195
2015388.16388.16315.15328.810.5160.28228/21049/195
2016370.96392.68310.30332.640.4850.26729/21051/194
2017401.75402.36340.84340.840.4930.27828/21050/194
2018439.79405.69373.18343.660.5080.28727/21049/194
2019408.74410.25373.91347.520.4660.27429/20950/194
2020367.63405.01350.37343.080.4310.26032/20952/193
2021490.29420.79442.76356.460.5060.29926/20348/193
2022579.27434.60627.02368.150.5760.38224/18540/184