Next release
Released quarterlyAug 21, 2026 06:00 UTC
in 61 days
Latest result
The most recent Norway GDP Growth Rate (May 28, 2026, Q1) printed 0.4% versus 0.9% expected (previous -0.3%) — below forecast, negative for the NOK.
What it measures
This shows how much Norway's total economy grew from the previous quarter, including the oil and gas sector. It is the most current snapshot of the pace of activity. Quarterly changes capture turning points faster than the yearly comparison.
A quarterly acceleration signals momentum and supports a firmer interest-rate path, which is generally good for the krone, while a contraction does the reverse. Because the total includes energy extraction, a swing in oil and gas output can dominate the number, so traders interpret it carefully. The figure is most powerful when it confirms or contradicts the recent trend in other Norwegian data. A clear surprise can move the krone in the relatively thin market.
What a higher or lower Norway GDP Growth Rate means for the NOK
A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the NOK.
Higher than forecast
An actual above the 0.5% forecast is typically bullish for the NOK.
Lower than forecast
An actual below the 0.5% forecast is typically bearish for the NOK.
Release history
Every release of Norway GDP Growth Rate: actual vs forecast and the beat/miss outcome. Click a date for the full read of that release.
| Release | Actual | Forecast | Previous | Outcome |
|---|---|---|---|---|
| May 28, 2026 · Q1 | 0.4% | 0.9% | -0.3% | below |
| Feb 9, 2026 · Q4 | -0.3% | 0.2% | 1.3% | below |
| Nov 26, 2025 · Q3 | 1.1% | 0.4% | 1.2% | above |
| Aug 21, 2025 · Q2 | 0.8% | 0.5% | 0.1% | above |
| May 15, 2025 · Q1 | -0.1% | 0.5% | -0.9% | below |
| Feb 11, 2025 · Q4 | -0.6% | 0.6% | -1.6% | below |
| Nov 21, 2024 · Q3 | -1.8% | 0.5% | 2% | below |
| Aug 22, 2024 · Q2 | 1.4% | 0.3% | 0.3% | above |
| May 16, 2024 · Q1 | 0.2% | 0.4% | 1.6% | below |
| Feb 14, 2024 · Q4 | 1.5% | 0.6% | -0.4% | above |
| Nov 23, 2023 · Q3 | -0.5% | 0.4% | -0.5% | below |
| Aug 22, 2023 · Q2 | 0% | 0.0% | 0.3% | inline |
| May 12, 2023 · Q1 | 0.2% | -0.3% | 0% | above |
| Feb 15, 2023 · Q4 | 0.2% | 0.2% | 1.3% | inline |
| Nov 18, 2022 · Q3 | 1.5% | 0.3% | 1.3% | above |
| Aug 18, 2022 · Q2 | 0.7% | -0.6% | -0.9% | above |
| May 13, 2022 · Q1 | -1% | -1.1% | 0.0% | above |
| Feb 16, 2022 · Q4 | 0.1% | 0.4% | 3.9% | below |
| Nov 19, 2021 · Q3 | 3.8% | 3.2% | 1.0% | above |
| Aug 20, 2021 · Q2 | 1.1% | 2.5% | -0.6% | below |
| May 12, 2021 · Q1 | -0.6% | -0.3% | 0.8% | below |
| Feb 12, 2021 · Q4 | 0.6% | 0.5% | 4.5% | above |
| Nov 17, 2020 · Q3 | 4.6% | 4.1% | -4.7% | above |
| Aug 25, 2020 · Q2 | -5.1% | -7.8% | -1.7% | above |
| Feb 7, 2020 · Q4 | 1.6% | 0.6% | 0% | above |
| Nov 12, 2019 · Q3 | 0% | 0.3% | 0.2% | below |
| Aug 29, 2019 · Q2 | 0.3% | 0.5% | 0.0% | below |
| May 13, 2019 · Q1 | -0.1% | 0.5% | 0.6% | below |
| Feb 8, 2019 · Q4 | 0.5% | 0.7% | 0.6% | below |
| Nov 13, 2018 · Q3 | 0.6% | 0.7% | 0.4% | below |
| Aug 23, 2018 · Q2 | 0.4% | 0.6% | 0.2% | below |
| May 15, 2018 · Q1 | 0.6% | 0.7% | -0.3% | below |
| Feb 9, 2018 · Q4 | -0.3% | 0.6% | 0.8% | below |
| Nov 14, 2017 · Q3 | 0.7% | 0.5% | 1.1% | above |
| Aug 24, 2017 · Q2 | 1.1% | 0.4% | 0.2% | above |
| May 16, 2017 · Q1 | 0.2% | 0.5% | 1.2% | below |
Frequently asked questions
- What is Norway GDP Growth Rate?
- This shows how much Norway's total economy grew from the previous quarter, including the oil and gas sector. It is the most current snapshot of the pace of activity. Quarterly changes capture turning points faster than the yearly comparison.
- What was the latest Norway GDP Growth Rate reading?
- The most recent release (May 28, 2026, Q1) came in at 0.4%, versus a forecast of 0.9% and a previous -0.3% — below expectations.
- When is the next Norway GDP Growth Rate?
- The next Norway GDP Growth Rate is scheduled for Aug 21, 2026. It is released quarterly.
- What happens to the NOK if Norway GDP Growth Rate is higher than expected?
- An actual reading above the consensus forecast is typically bullish for the NOK, while a reading below forecast is bearish for the NOK. A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the NOK.
- How does Norway GDP Growth Rate affect the NOK?
- A quarterly acceleration signals momentum and supports a firmer interest-rate path, which is generally good for the krone, while a contraction does the reverse. Because the total includes energy extraction, a swing in oil and gas output can dominate the number, so traders interpret it carefully. The figure is most powerful when it confirms or contradicts the recent trend in other Norwegian data. A clear surprise can move the krone in the relatively thin market.