Gross value added at basic prices (GVA) in Norway
Norway: Gross value added at basic prices (GVA) was 5.03 trillion current LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Norway, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Norway is 5.03 trillion current LCU, measured in 2025.
That represents a change of up 2.5% on the previous year and up 74.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Norway peaked at 5.51 trillion current LCU in 2022 and was at its lowest, 79.45 billion current LCU, in 1970.
Norway ranks 69th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 147.89 billion current LCU | 79.45 billion current LCU | 237.77 billion current LCU | 10 |
| 1980s | 455.76 billion current LCU | 283.27 billion current LCU | 624.95 billion current LCU | 10 |
| 1990s | 840.08 billion current LCU | 663.62 billion current LCU | 1.09 trillion current LCU | 10 |
| 2000s | 1.77 trillion current LCU | 1.32 trillion current LCU | 2.40 trillion current LCU | 10 |
| 2010s | 2.89 trillion current LCU | 2.38 trillion current LCU | 3.33 trillion current LCU | 10 |
| 2020s | 4.59 trillion current LCU | 3.20 trillion current LCU | 5.51 trillion current LCU | 6 |
Countries ranked near Norway
More economy & growth data for Norway
- DEC alternative conversion factor 10.4 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -56.92 billion current LCU (2022)
- Net secondary income (Net current transfers from abroad) -5.92 billion current US$ (2022)
- Taxes less subsidies on products 488.47 billion current LCU (2025)
- Taxes less subsidies on products 46.99 billion current US$ (2025)
- Net primary income (Net income from abroad) 167.61 billion current LCU (2022)
- Net primary income (Net income from abroad) 17.43 billion current US$ (2022)
- GNI per capita 1.02 million current LCU (2025)
- GNI per capita, Atlas method 97,310 current US$ (2025)
- GNI 5.72 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Norway?
- Gross value added at basic prices (gva) in Norway was 5.03 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Norway?
- The highest recorded value was 5.51 trillion current LCU in 2022.
- What is the lowest gross value added at basic prices (gva) recorded in Norway?
- The lowest recorded value was 79.45 billion current LCU in 1970.
- How does Norway rank for gross value added at basic prices (gva)?
- Norway ranks 69th out of 206 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Norway?
- Over the last ten years it is up 74.1%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.