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After a period of weak growth in 2023 and 2024, wealth creation in the Norwegian economy has picked up appreciably so far this year. Unemployment has increased concurrently.

Norwegian accommodation establishments recorded 5.5 million guest nights in August, the highest ever for that month. A 13 per cent rise in foreign guest nights drove the increase and was the main contributor to the record.

In the period of September 22nd – September 28th the export price of fresh salmon came to NOK 79.91 per kilo, up 3.2 per cent compared to the previous seven-day period.

So far this year, the Norwegian economy has been in a clear upturn. In the next few years, higher real wages, lower interest rates and increased public demand will boost economic activity.

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