Economic and Financial Data for Norway
The data shown in this page correspond to the data described on the International Monetary Fund's Dissemination Standards Bulletin Board (DSBB). For a fuller explanation of the DSBB and the statistical standards to which Norway has committed, please click on DSBB Home Page. Unless otherwise indicated, the data are not seasonally adjusted and final when first released.
| Unit Description | Observations | |||
|---|---|---|---|---|
| Date of Latest | Latest data | Latest-1 data | ||
| SDDS Data Category and Component | ||||
| National Accounts | ||||
| Current prices | ||||
| GDP | NOK million, seasonally adjusted | 3rd quarter 2021 | 1 085 716 | 967 181 |
| GDP, by expenditure category | ||||
| Household final consumption expenditure | NOK million, seasonally adjusted | 3rd quarter 2021 | 393 177 | 368 611 |
| Final consumption expenditure of NPISHs | NOK million, seasonally adjusted | 3rd quarter 2021 | 22 862 | 19 589 |
| Final consumption expenditure of general government | NOK million, seasonally adjusted | 3rd quarter 2021 | 241 297 | 238 864 |
| Gross fixed capital formation | NOK million, seasonally adjusted | 3rd quarter 2021 | 245 563 | 238 572 |
| Changes in inventories | NOK million, seasonally adjusted | 3rd quarter 2021 | 39 881 | 30 541 |
| Total exports | NOK million, seasonally adjusted | 3rd quarter 2021 | 458 907 | 360 707 |
| Total imports | NOK million, seasonally adjusted | 3rd quarter 2021 | 316 081 | 289 749 |
| GDP, by area | ||||
| GDP-Mainland Norway | NOK million, seasonally adjusted | 3rd quarter 2021 | 827 018 | 801 608 |
| Petroleum activities and ocean transport | NOK million, seasonally adjusted | 3rd quarter 2021 | 258 699 | 165 574 |
| Constant prices | ||||
| GDP | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 935 894 | 901 551 |
| GDP, by expenditure category | ||||
| Household final consumption expenditure | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 375 487 | 356 202 |
| Final consumption expenditure of NPISHs | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 21 819 | 18 565 |
| Final consumption expenditure of general government | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 229 327 | 226 336 |
| Gross fixed capital formation | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 226 726 | 224 216 |
| Changes in inventories | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 22 636 | 21 986 |
| Total exports | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 346 811 | 325 606 |
| Total imports | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 287 015 | 271 402 |
| GDP, by area | ||||
| GDP-Mainland Norway | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 786 000 | 766 105 |
| Petroleum activities and ocean transport | NOK million, 2012-prices, seasonally adjusted | 3rd quarter 2021 | 149 894 | 135 446 |
| Non-financial sector accounts | ||||
| GNI (Gross National Income) | NOK million | 3rd quarter 2021 | 1 027 576 | 954 738 |
| Gross saving for Norway | NOK million | 3rd quarter 2021 | 384 270 | 317 226 |
| Production Index | ||||
| Index of production, extraction of oil and gas, manufacturing, mining and quarrying and electricity supply (volume index) | 2005=100 | October 2021 | 89.5 | 94.5 |
| Index of production, construction (volume index) | 2005=100 | 3rd quarter 2021 | 110.8 | 111.3 |
| Business Tendency Survey | ||||
| The industrial confidence indicator (ICI) | Balance Seasonally adjusted | 3rd quarter 2021 | 8.7 | 10.7 |
| Employment | ||||
| Employed persons (LFS) | 1000 Seasonally adjusted | 3rd quarter 2021 | 2 774 | 2 736 |
| Unemployment | ||||
| Unemployed persons (LFS) | 1000, Quarterly average Seasonally adjusted | 3rd quarter 2021 | 116 | 144 |
| Unemployed persons (LFS) | Per cent of labour force, Quarterly average Seasonally adjusted | 3rd quarter 2021 | 4.0 | 5.0 |
| Wages and Earnings | ||||
| Index of average monthly basic earnings in All industries | 2016Q1=100 | 3rd quarter 2021 | 114.1 | 114.9 |
| Index of average monthly basic earnings in Agriculture, forestry and fishing | 2016Q1=100 | 3rd quarter 2021 | 112.0 | 117.3 |
| Index of average monthly basic earnings in Mining and quarrying | 2016Q1=100 | 3rd quarter 2021 | 110.2 | 109.5 |
| Index of average monthly basic earnings in Manufacture | 2016Q1=100 | 3rd quarter 2021 | 112.7 | 112.8 |
| Index of average monthly basic earnings in Electricity, water supply, sewerage, waste management | 2016Q1=100 | 3rd quarter 2021 | 114.7 | 114.8 |
| Index of average monthly basic earnings in Construction | 2016Q1=100 | 3rd quarter 2021 | 114.9 | 115.0 |
| Index of average monthly basic earnings in Wholesale and retail trade: repair of motor vehicles and motorcycles | 2016Q1=100 | 3rd quarter 2021 | 116.2 | 116.9 |
| Index of average monthly basic earnings in Transportation and storage | 2016Q1=100 | 3rd quarter 2021 | 112.4 | 112.2 |
| Index of average monthly basic earnings in Accommodation and food service activities | 2016Q1=100 | 3rd quarter 2021 | 114.0 | 117.2 |
| Index of average monthly basic earnings in Information and communication | 2016Q1=100 | 3rd quarter 2021 | 117.5 | 117.2 |
| Index of average monthly basic earnings in Financial and insurance activities | 2016Q1=100 | 3rd quarter 2021 | 124.3 | 122.7 |
| Index of average monthly basic earnings in Real estate, professional, scientific and technical activities | 2016Q1=100 | 3rd quarter 2021 | 114.7 | 114.9 |
| Index of average monthly basic earnings in Administrative and support service activities | 2016Q1=100 | 3rd quarter 2021 | 115.2 | 114.1 |
| Index of average monthly basic earnings in Public adm., defence, soc. security | 2016Q1=100 | 3rd quarter 2021 | 114.5 | 114.5 |
| Index of average monthly basic earnings in Education | 2016Q1=100 | 3rd quarter 2021 | 112.5 | 111.6 |
| Index of average monthly basic earnings in Human health and social work activities | 2016Q1=100 | 3rd quarter 2021 | 113.8 | 114.2 |
| Index of average monthly basic earnings in Other service activities | 2016Q1=100 | 3rd quarter 2021 | 113.3 | 116.6 |
| Index of average monthly basic earnings in Unspecified | 2016Q1=100 | 3rd quarter 2021 | 134.1 | 135.3 |
| Consumer Prices | ||||
| Consumer Price Index | 2015=100 | November 2021 | 117.7 | 117.2 |
| Producer Prices | ||||
| Producer price index for oil and gas, manufacturing, mining | 2015=100 | November 2021 | 166.7 | 161.8 |
| Unit Description | Observations | |||
|---|---|---|---|---|
| Date of Latest | Latest data | Latest -1 data | ||
| 1From 2006, a flexibility option is no longer taken for this category. | ||||
| SDDS Data Category and Component | ||||
| General Government Operations | ||||
| Revenue | NOK million, provisional figures | 3rd quarter 2021 | 556 936 | 541 599 |
| Expenditure | NOK million, provisional figures | 3rd quarter 2021 | 492 317 | 504 104 |
| Balance, Deficit(-)/Surplus(+) | NOK million, provisional figures | 3rd quarter 2021 | 64 619 | 37 495 |
| Financing by residency | ||||
| Domestic | NOK million | 3rd quarter 2021 | 52 199 | 41 138 |
| Domestic banks | NOK million | 3rd quarter 2021 | -15 239 | 40 755 |
| Domestic non-banks | NOK million | 3rd quarter 2021 | 67 438 | 383 |
| Foreign | NOK million | 3rd quarter 2021 | -3 286 | 7 992 |
| Central Government Operations | ||||
| Monthly data | ||||
| Revenue | NOK million | October 2021 | 171 936 | 175 813 |
| Expenditure | NOK million | October 2021 | 122 323 | 135 272 |
| Surplus before net transfers to the Government Pension Fund - Global | NOK million | October 2021 | 49 613 | 40 541 |
| Financing | NOK million | October 2021 | -49 613 | -40 541 |
| Annual data | ||||
| Revenue | NOK million | 2020 | 1 288 828 | 1 407 407 |
| Expenditure | NOK million | 2020 | 1 552 529 | 1 378 116 |
| Surplus before net transfers to the Government Pension Fund - Global | NOK million | 2020 | -263 701 | 29 291 |
| Financing | NOK million | 2020 | 263 701 | -29 291 |
| Financing by currency and instrument1 | ||||
| In NOK | NOK million | 2020 | 263 701 | -29 291 |
| Deposits | NOK million | 2020 | 176 088 | -28 424 |
| - Deposits with the Government Pension Fund - Global | NOK million | 2020 | 301 492 | -28 350 |
| - Other deposits | NOK million | 2020 | -125 404 | -74 |
| Loans | NOK million | 2020 | 52 080 | 5 192 |
| Securities other than equity | NOK million | 2020 | 78 005 | -14 101 |
| - Short-term securities | NOK million | 2020 | 75 005 | -8 000 |
| - Medium and long term securities | NOK million | 2020 | 3 000 | -6 101 |
| Equity | NOK million | 2020 | -42 471 | 8 043 |
| In foreign currencies equivalent | NOK million | 2020 | 0 | 0 |
| Central Government Debt | ||||
| Total central government debt | NOK million | 3rd quarter 2021 | 721 937 | 628 081 |
| Debt by remaining maturity | ||||
| Short term | NOK million | 3rd quarter 2021 | 265 937 | 179 081 |
| Medium term | NOK million | 3rd quarter 2021 | 150 000 | 148 000 |
| Long term | NOK million | 3rd quarter 2021 | 306 000 | 301 000 |
| Debt by currency of issue | ||||
| Norwegian kroner | NOK million | 3rd quarter 2021 | 721 937 | 628 081 |
| Foreign currency | NOK million | 3rd quarter 2021 | 0 | 0 |
| State guarantees | ||||
| Debt guaranteed by central government | NOK million | 3rd quarter 2021 | .. | .. |
| Unit Description | Observations | |||
|---|---|---|---|---|
| Date of Latest | Latest data | Latest -1 data | ||
| 1Central government comprises central government and social security administration and state lending institutions. | ||||
| 2Includes Norges Bank (exclusive Government Petroleum Fond) and other monetary financial institutions | ||||
| 3Data for government bond yields, interest rates on private banks sights deposits with Norges Bank and private banks loans in Norges Bank are posted on Norges Bank's website. | ||||
| SDDS Data Category and Component | ||||
| Analytical Accounts of the Banking Sector | ||||
| The credit indicator (C2) | NOK billion, preliminary figures, seasonally adjusted | October 2021 | 6 582.8 | 6 565.0 |
| Monetary aggregate M3 | NOK billion, preliminary figures, seasonally adjusted | October 2021 | 2 870.1 | 2 888.1 |
| Net claims on central government1 | NOK billion, preliminary figures | October 2021 | -362.7 | -309.7 |
| External position, net basis2 | NOK billion, preliminary figures | October 2021 | -701.2 | -754.6 |
| Analytical Accounts of the Central Bank | ||||
| Base money (MO) | NOK million | October 2021 | 73 328 | 70 374 |
| Foreign assets, total | NOK million | October 2021 | 724 396 | 756 047 |
| Claims on other Norwegian sectors | NOK million | October 2021 | 94 191 | 49 061 |
| Foreign liabilities | NOK million | October 2021 | 88 151 | 92 411 |
| Interest Rates3 | ||||
| Interest rate on private banks' sight deposits with Norges Bank (the policy variable rates) | Per cent per annum | September 2021 | 0.25 | 0.00 |
| Government bond yields | Per cent per annum | |||
| Stock Market | ||||
| Benchmark Index of Oslo Stock Exchange | 29th December 1995=100 | |||
| Unit Description | Observations | |||
|---|---|---|---|---|
| Date of Latest | Latest data | Latest -1 data | ||
| 1Including financial derivatives. | ||||
| 2Preliminary figures. The figures are according to the Balance of Payment Manual (BPM6), and is compiled according to the assets and liability principle. For debt figures the principle of valuation is own funds at book value. | ||||
| 3Daily data for the spot exchange rates are available at Norges Bank's website: https://www.norges-bank.no/en/topics/Statistics/exchange_rates/ | ||||
| SDDS Data Category and Component | ||||
| Balance of Payments | ||||
| Current account, disaggregated by: | ||||
| Goods, credit | NOK million | 3rd quarter 2021 | 350 162 | 272 787 |
| Goods, debit | NOK million | 3rd quarter 2021 | 228 198 | 221 635 |
| Services, credit | NOK million | 3rd quarter 2021 | 92 692 | 81 662 |
| Services, debit | NOK million | 3rd quarter 2021 | 84 926 | 71 268 |
| Income, credit | NOK million | 3rd quarter 2021 | 81 857 | 101 333 |
| Income, debit | NOK million | 3rd quarter 2021 | 44 134 | 41 765 |
| Current transfers, credit | NOK million | 3rd quarter 2021 | 11 746 | 11 716 |
| Current transfers, debit | NOK million | 3rd quarter 2021 | 30 862 | 28 420 |
| Capital account, net | NOK million | 3rd quarter 2021 | 4 | 50 |
| Financial account, disaggregated by: | ||||
| Direct investment, assets | NOK million | 3rd quarter 2021 | -7 725 | 26 221 |
| Direct investment, liabilities | NOK million | 3rd quarter 2021 | 41 192 | 57 235 |
| Portfolio investment, assets | NOK million | 3rd quarter 2021 | 132 357 | 34 252 |
| Portfolio investment, liabilities | NOK million | 3rd quarter 2021 | 24 986 | 12 258 |
| Other investment, assets | NOK million | 3rd quarter 2021 | 15 674 | 30 483 |
| Other investment, liabilities | NOK million | 3rd quarter 2021 | 17 931 | 19 202 |
| Reserve assets | NOK million | 3rd quarter 2021 | 50 621 | 25 325 |
| Net errors and omissions | NOK million | 3rd quarter 2021 | 41 515 | 76 781 |
| International Reserves1 | ||||
| Official reserve assets | NOK million | November 2021 | 750 279 | 714 612 |
| Reserve template | NOK million | November 2021 | . | 718 123 |
| Merchandise Trade | ||||
| Total exports (f.o.b. value) | NOK million, provisional | October 2021 | 156 762 | 129 177 |
| Total imports (c.i.f value) | NOK million, provisional | October 2021 | 72 296 | 76 623 |
| International investment position2 | ||||
| Total assets | NOK million | 3rd quarter 2021 | 19 564 720 | 19 347 375 |
| Direct investment abroad | NOK million | 3rd quarter 2021 | 2 276 667 | 2 271 915 |
| Portfolio investment | NOK million | 3rd quarter 2021 | 14 348 490 | 14 217 300 |
| Equity securities | NOK million | 3rd quarter 2021 | 9 994 733 | 10 062 759 |
| Debt securities | NOK million | 3rd quarter 2021 | 4 353 757 | 4 154 541 |
| Other investment | NOK million | 3rd quarter 2021 | 2 190 504 | 2 162 622 |
| Reserve assets | NOK million | 3rd quarter 2021 | 749 059 | 695 538 |
| Total liabilities | NOK million | 3rd quarter 2021 | 8 770 790 | 8 614 203 |
| Direct investment in Norway | NOK million | 3rd quarter 2021 | 2 022 120 | 1 999 841 |
| Portfolio investment | NOK million | 3rd quarter 2021 | 3 978 438 | 3 885 841 |
| Equity securities | NOK million | 3rd quarter 2021 | 1 237 887 | 1 203 537 |
| Debt securities | NOK million | 3rd quarter 2021 | 2 740 551 | 2 682 304 |
| Other investment | NOK million | 3rd quarter 2021 | 2 770 232 | 2 728 521 |
| International investment position, net | NOK million | 3rd quarter 2021 | 10 793 930 | 10 733 172 |
| External Debt | ||||
| External debt Position | ||||
| Total | NOK million, preliminary | 3rd quarter 2021 | 6 265 186 | 6 123 983 |
| General Government | ||||
| Total | NOK million, preliminary | 3rd quarter 2021 | 743 043 | 747 143 |
| Short-term | ||||
| Money market instruments | NOK million, preliminary | 3rd quarter 2021 | 19 740 | 15 226 |
| Short term loan | NOK million, preliminary | 3rd quarter 2021 | 102 579 | 78 632 |
| Other debt liabilities | NOK million, preliminary | 3rd quarter 2021 | 97 362 | 132 042 |
| Long-term | ||||
| Bonds and notes | NOK million, preliminary | 3rd quarter 2021 | 353 588 | 352 377 |
| Loans | NOK million, preliminary | 3rd quarter 2021 | 169 774 | 168 866 |
| Monetary Authorities | ||||
| Total | NOK million, preliminary | 3rd quarter 2021 | 92 410 | 41 658 |
| Short-term | ||||
| Short term loan | NOK million, preliminary | 3rd quarter 2021 | 0 | 0 |
| Currency and deposits | NOK million, preliminary | 3rd quarter 2021 | 24 | 32 |
| Other debt liabilities | NOK million, preliminary | 3rd quarter 2021 | 28 763 | 22 416 |
| Long-term | ||||
| Loans | NOK million, preliminary | 3rd quarter 2021 | 44 | 47 |
| Other debt liabilities | NOK million, preliminary | 3rd quarter 2021 | 63 579 | 19 163 |
| Deposit-taking corporations except the central bank’ | ||||
| Total | NOK million, preliminary | 3rd quarter 2021 | 3 560 177 | 3 539 342 |
| Short-term | ||||
| Money market instruments | NOK million, preliminary | 3rd quarter 2021 | 224 810 | 196 072 |
| Short term loan | NOK million, preliminary | 3rd quarter 2021 | 0 | 0 |
| Currency and deposits | NOK million, preliminary | 3rd quarter 2021 | 1 454 483 | 1 487 898 |
| Other debt liabilities | NOK million, preliminary | 3rd quarter 2021 | 194 588 | 186 907 |
| Long-term | ||||
| Bonds and notes | NOK million, preliminary | 3rd quarter 2021 | 1 545 756 | 1 528 298 |
| Loans | NOK million, preliminary | 3rd quarter 2021 | 0 | 0 |
| Currency and deposits | NOK million, preliminary | 3rd quarter 2021 | 140 540 | 140 167 |
| Other sectors | ||||
| Total | NOK million, preliminary | 3rd quarter 2021 | 1 115 153 | 1 082 682 |
| Short-term | ||||
| Money market instruments | NOK million, preliminary | 3rd quarter 2021 | 11 160 | 12 799 |
| Loans | NOK million, preliminary | 3rd quarter 2021 | 36 284 | 30 940 |
| Trade credits | NOK million, preliminary | 3rd quarter 2021 | 44 940 | 43 445 |
| Other debt liabilities | NOK million, preliminary | 3rd quarter 2021 | 97 510 | 88 639 |
| Long-term | ||||
| Bonds and notes | NOK million, preliminary | 3rd quarter 2021 | 585 497 | 577 532 |
| Loans | NOK million, preliminary | 3rd quarter 2021 | 337 218 | 327 533 |
| Other debt liabilities | NOK million, preliminary | 3rd quarter 2021 | 2 544 | 1 794 |
| Direct Investment | ||||
| Total | NOK million, preliminary | 3rd quarter 2021 | 754 403 | 725 663 |
| Exchange Rates3 | ||||
| EURO | NOK/EURO | |||
| US dollar | NOK/USD | |||
| Unit Description | Observations | |||
|---|---|---|---|---|
| Date of Latest | Latest data | Latest -1 data | ||
| SDDS Data Category and Component | ||||
| Population | Persons | 3rd quarter 2021 | 5 415 166 | 5 402 171 |
Contact
-
Eirin Ingvaldsen Brynestad
E-mail: eirin.ingvaldsen.brynestad@ssb.no
tel.: (+47) 97 64 94 75