Norwegian economy

Economic Survey 4-2016

Published:

The Norwegian economy continues to reflect the effects of the oil downturn and weak global demand growth. According to the quarterly annual accounts (QNA), mainland GDP only increased by an annualised rate of 0.6 per cent in the third quarter, after somewhat higher growth through the first half of the year.

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Analyses, articles and publications

Two-year oil-driven downturn may come to an end

Published 1 December 2016

A reduced decline in investments in the petroleum industry and somewhat higher growth in exports, mainland business investment and consumption are expected to lead to greater economic growth and slightly lower unemployment. Growth in house prices is also expected to see a noticeable decline.

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