World economy charts, business frameworks and diagrams
Norway’s economy is dominated by oil, gas, and fisheries. It’s a global leader in petroleum exports, with Equinor driving production. Fisheries, particularly salmon, are a key export. Services, including shipping, also contribute. Emerging industries include renewable energy, with offshore wind View diagram Norway Economy in Graphs
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. View diagram Norway GDP PPP
Norway GDP from 2010 to today. World Bank and OECD data. GDP in US dollars. Norway's $500 billion welfare economy, growing 1.5% in 2025, thrives on oil, gas, and technology, with per capita GDP topping $100,000, among the world's highest. View diagram Norway GDP
Norway economy annual growth rate from 2000 to today. GDP growth (yearly %). World Bank and OECD national accounts data. Norways economy grew by 0.51% in 2023. The country benefited from stable energy exports and fiscal discipline, though global economic View diagram Norway GDP growth rate
Norway economy graph showing purchasing power parity (PPP) growth from 2000 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. View diagram Norway GDP Purchasing Power Parity
Norway draws strength from its mix of energy resources, advanced maritime industries, and a highly skilled workforce. Oil and gas exports still matter, but the country has steadily pushed into renewables, aquaculture, and technology-driven manufacturing. A large sovereign wealth fund View diagram Norway Economy