Nominal GDP for Norway was NKR4,141bn in 2021, down from NKR3,413bn in 2020. The Norwegian population was estimated at 5.4m in 2021 according to the IMF, while Germany is Norway’s biggest trading partner.
Variables Surveyed for Norway
Variables covered in our monthly analysis of Norway include:
Consensus Forecasts for Norway
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the IMF, and the Bank of Norway. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of September 2022.
Source: Conensus Forecasts – G-7 and Western Europe, September 2022