Gross domestic product (GDP) at current prices in Norway 2012-2022

The gross domestic product (GDP) of Norway increased from 2012 to 2022. However, there was a minor decrease in 2015 after the fall of the oil price impacted the country's economy, and a larger fall in 2020 due to COVID-19. In 2022, Norway's GDP stood at 5.6 trillion Norwegian kroner which was a huge increase from the previous year. In 2022, the country's GDP increased by 28 percent as part of the economic recovery after the COVID-19 pandemic.