Norway economy graph showing purchasing power parity (PPP) growth from 1990 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
Norways GDP per capita (PPP) in 2023 was around $95,000, reflecting a wealthy economy. Major industries include oil and gas, maritime services, and renewable energy.