Norway Key Economic Indicators

Augur Labs Indicators

Indicator Reference Last Previous Unit
Daily Growth Nowcast by Augur Labs April 1, 2025 2.4 2.5 percent
Potential Growth by Augur Labs April 2025 1.7 1.7 percent
Output Gap by Augur Labs April 2025 -4.4 -4.5 percent
Inflation Nowcast by Augur Labs April 2025 3.7 3.7 percent

National Accounts

Indicator Reference Last Previous Unit
Real GDP Growth Rate, Quarter-over-Quarter Q4 2024 -2.5 -6.3 percent
Real GDP Growth Rate, Year-over-Year Q4 2024 -0.2 3.2 percent
Nominal GDP, National Currency Q4 2024 5,227 5,163 billion
Nominal GDP, USD Q4 2024 474 482 billion (USD)
Real Consumption Expenditures Growth Rate, Quarter-over-Quarter Q4 2024 0.1 -0.7 percent
Real Consumption Expenditures Growth Rate, Year-over-Year Q4 2024 1.4 1.6 percent

Prices

Indicator Reference Last Previous Unit
Consumer Price Index, Year-over-Year February 2025 3.6 2.3 percent
Core Consumer Price Index, Year-over-Year February 2025 3.4 2.8 percent

Labor

Indicator Reference Last Previous Unit
Unemployment Rate February 2025 3.8 3.7 percent
Employed Persons February 2025 2,907 2,909 persons
Unemployed Persons February 2025 116 113 persons

Domestic Trade & Household

Indicator Reference Last Previous Unit
Real Retail Sales, Year-over-Year February 2025 2.3 2.7 percent
Real Retail Sales, Month-over-Month February 2025 -0.1 1.1 percent

Foreign Trade

Indicator Reference Last Previous Unit
Exports, Year-over-Year February 2025 29.1 19.9 percent
Imports, Year-over-Year February 2025 8.7 1.7 percent

Balance of Payment

Indicator Reference Last Previous Unit
Current Account, USD Q4 2022 153,592 237,905 million (USD)

Production

Indicator Reference Last Previous Unit
Industrial Production, Year-over-Year January 2025 -6.1 -0.9 percent
Industrial Production, Month-over-Month January 2025 -1.7 -0.1 percent
Capacity Utilization Q4 2024 78.9 78.3

Money & Credit

Indicator Reference Last Previous Unit
Central Bank Policy Rate April 2, 2025 4.500 4.500 percent
Broad Money January 2025 3,259 3,235 billion
Narrow Money January 2025 2,826 2,796 billion

Surveys

Indicator Reference Last Previous Unit
Consumer Confidence Q1 2025 -7.5 -14.4 points
Business Confidence Q4 2024 16.0 10.0 points
Manufacturing PMI March 2025 50.6 51.9

Market

Indicator Reference Last Previous Unit
10-Year Bond Yield March 31, 2025 4.08 4.09 percent
3-Month Bill Rate March 31, 2025 4.64 4.67 percent
Cyclically Adjusted Price-to-Earnings Ratio (CAPE) April 2025 16.3 16.2
Real Effective Exchange Rate (Trade-Weighted) April 1, 2025 -20.9 -21.4
2-Year/10-Year Yield Curve March 31, 2025 15.2 15.3 basis points
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