Europe · World Bank + FRED data · updated Sep 28, 2026
Norway economy forecast
For 2026 the model expects inflation of 3.8%, GDP growth of 1.7% and unemployment of 4.6% in Norway.
Inflation
CPI, annual %
3.8%
2026 forecast
Latest · 2025: 3.1%▲ +0.8 pp
GDP growth
Annual %
1.7%
2026 forecast
Latest · 2025: 1.1%▲ +0.7 pp
Unemployment
% of labor force, ILO modeled
4.6%
2026 forecast
Latest · 2025: 4.6%■ 0.0 pp
GDP per capita
Current US$
$95,499
2026 forecast
Latest · 2025: $94,594▲ +1.0%
Population
Population, total
5.65M
2026 forecast
Latest · 2025: 5.61M▲ +0.7%
USD/NOK
NOK per 1 USD
9.4659
in 12 months
Last close · Sep 25, 2026: 9.4973▼ −0.3%
Norway at a glance, 2026–2028
| Indicator | Latest | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Inflation | 3.1% 2025 | 3.8% | 4.2% | 4.6% |
| GDP growth | 1.1% 2025 | 1.7% | 1.9% | 1.9% |
| Unemployment | 4.6% 2025 | 4.6% | 4.6% | 4.5% |
| GDP per capita | $94,594 2025 | $95,499 | $96,206 | $96,364 |
| Population | 5.61M 2025 | 5.65M | 5.69M | 5.74M |
Medians; each indicator's page shows its 80% range and backtest.
Other countries in Europe
All countriesStatistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.