Main UN Trade and Development (UNCTAD) website
English

General profile: Norway

GENERAL INFORMATION FOR 2024
Exchange rate
Population
Population
Exchange rates
GDP
GDP
5.577 Millions
10.756 NOK/US$
485 611 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
..
2.10 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-5.9 %
Merchandise exports growth rate in 2024
Total merchandise trade
(millions of US$)
2005
2010
2015
2024
Merchandise exports
103 759
130 657
103 915
167 916
Merchandise imports
55 488
77 330
76 424
99 786
Merchandise trade balance
48 271
53 327
27 491
68 130
Export structure by product group in 2024
(as % of total exports)
1 %1 %16 %16 %68 %68 %5 %5 %11 %11 %
Top 5 partners in 2024
(exports, millions of US$)
32 02926 23917 82311 59910 27732 02926 23917 82311 59910 277
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2024
Services exports
29 834
41 453
41 659
56 853
Services imports
29 128
45 073
47 269
64 213
Services trade balance
706
-3 620
-5 610
-7 360
Services exports by main category²
(as % of total services)
2005
2010
2015
2024
Transport
54.6
44.1
(e) 43.5
37.7
Travel
11.7
11.3
(e) 11.7
13.7
Other services
32.1
42.8
42.8
44.8
TRADE INDICES
More data on UNCTADstat
1341401901297994108978810011512212912411310513711812011612418612273931079789100119130131128112101126110114
ECONOMIC TRENDS
More data on UNCTADstat
+2.1 %
Gross domestic product growth rate in 2024
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
GDP, current
309 979
431 052
388 160
485 611
GDP per capita, current US$
67 050
88 165
74 793
87 079
Real GDP growth, y-on-y, %
2.69
0.79
1.86
2.10
Current account balance, % of GDP
16.12
11.66
8.01
16.41
Exchange rate (/US$)
6.443
6.044
8.064
10.756
GDP by expenditure in 2023
(as % of total GDP)
37.521.925.947.232.537.521.925.947.232.5
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.5 %
FDI outflows as % of GDP in 2024
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
FDI inflows
-2 273.65
11 695.40
-6 099.45
10 756.73
FDI outflows
17 184.79
17 669.42
28 244.57
2 514.00
Personal remittances, % of GDP
0.16
0.16
0.16
0.13
Financial flows trends
(millions of US$)
621.1599.4629.5671.8589.0615.7644.3615.8593.6608.9759.9791.5766.5765.0680.0631.5685.0616.7528.8505.3465.0391.7332.6279.0270.410 75716 23017 0423 106-5 6205 003-1 189-11 403-6 842-6 099-3 440-53810 0888 68211 69518 3238 203388 062-2 2749542 4501 1922 5066 409FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2024
Balance, % of GDP
15.93
11.48
5.60
13.75
Balance, % of imports
58.79
40.94
17.61
41.08
Normalized balance
0.227
0.170
0.081
0.170
Trade openness²
(sum of imports and exports as % of GDP)
8178816865696968696968676868686674737270
LIVING AREA
Population by living area in 2024
(% of population)
Urban 84%Urban 84%Rural 16%Rural 16%
OTHER INDICATORS
More data on UNCTADstat
0.944 %
Share of the total world merchant fleet in 2024
Maritime transport indicators
 
2005
2010
2015
2024
Merchant fleet, national flag (thousands of DWT)
24 243
20 811
19 517
22 277
Container port throughput (TEU)
..
636 086
735 753
..
Information economy indicators
(as % of)
2005
2010
2015
2024
Share of ICT goods, % of total exports
1.17
1.23
1.08
0.98
Share of ICT goods, % of total imports
8.75
7.40
6.59
7.77
Share of workforce involved in the ICT sector
..
2.89
3.00
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 02 December 2025