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 (2021)NominalPPPNominalPPP
19605.2068.79--0.381-25/104-
19615.6773.11--0.394-25/106-
19626.1175.17--0.396-24/108-
19636.5578.01--0.393-24/108-
19647.2181.92--0.394-24/108-
19658.1186.25--0.407-23/116-
19668.7589.52--0.406-23/117-
19679.5895.12--0.418-21/120-
196810.2397.27--0.413-21/121-
196911.14101.65--0.407-22/121-
197012.81103.62--0.427-22/141-
197114.58109.50--0.440-22/142-
197217.36115.34--0.453-21/142-
197322.53120.57--0.483-22/142-
197427.15125.30--0.507-23/142-
197532.88131.50--0.549-23/145-
197635.94139.16--0.552-25/145-
197741.51144.95--0.564-24/148-
197846.52150.56--0.535-25/147-
197953.13157.14--0.525-25/148-
198064.44164.31--0.564-25/155-
198163.60166.94--0.539-26/156-
198262.65167.33--0.538-26/158-
198361.63173.98--0.515-27/159-
198462.06184.51--0.499-25/161-
198565.42194.76--0.502-25/163-
198678.69202.63--0.513-24/163-
198794.23206.18--0.539-23/169-
1988101.90205.66--0.521-25/172-
1989102.63207.79--0.505-26/173-
1990119.79211.8178.25242.830.5250.26528/18850/186
1991121.87218.3483.39250.320.5120.26827/18851/187
1992130.84226.1588.34259.270.5140.27226/19150/188
1993120.58232.5893.01266.640.4640.27428/19550/188
1994127.13244.3499.79280.120.4550.27929/19650/189
1995152.03254.49106.12291.760.4880.28127/19950/190
1996163.52267.29117.49306.430.5130.29427/19949/190
1997161.36281.41126.00322.630.5080.29829/19950/192
1998154.23288.92124.96331.240.4870.28627/20150/192
1999162.38294.91136.42338.100.4960.29826/20249/192
2000171.46304.70166.11349.320.5070.33726/20347/194
2001174.24311.00170.77356.540.5180.33125/20447/194
2002195.92315.28172.71361.460.5610.31923/20847/195
2003229.39318.26176.59364.870.5860.30923/20846/195
2004265.27331.04195.95379.520.6010.31722/20847/195
2005309.98339.92221.77389.710.6490.33323/20847/195
2006346.92348.29253.40399.300.6700.34723/20947/196
2007402.64358.44264.57410.940.6900.33524/20950/196
2008464.92360.17295.98412.920.7260.35424/21046/199
2009387.98353.18268.57404.910.6390.31926/21050/200
2010431.05355.96284.65408.090.6480.31725/21050/200
2011501.36359.90309.37412.610.6780.32326/21347/201
2012512.78369.68330.09423.820.6780.32724/21146/199
2013526.01373.43342.25428.130.6770.32323/21146/200
2014501.74381.08340.77436.900.6280.31026/21248/199
2015388.16388.16315.15445.010.5150.28028/21049/199
2016370.96392.68310.30450.190.4840.26529/21051/198
2017401.75402.36340.84461.280.4930.27628/21050/199
2018439.79405.69373.18465.110.5070.28327/21049/199
2019408.74410.25379.38470.330.4650.27229/21050/199
2020367.63405.01361.02464.320.4300.26032/20952/198
2021503.37420.84482.47482.470.5160.31026/20849/198
2022593.73433.49678.06496.970.5870.39423/20242/194
2023485.51435.71576.58499.530.4600.31231/18647/184