Exports as a share of GDP fell 0.740% to 0.476% in Norway in 2024, according to the National Statistical Office.
Historically, exports as a share of GDP in Norway reached an all time high of 0.555% in 2022 and an all time low of 0.312% in 1987. When compared to Norway's main peers, exports as a share of GDP in Denmark amounted to 0.697%, 0.416% in Finland, 0.416% in Iceland and 0.546% in Sweden in 2024.
Norway has been ranked 41st within the group of 130 countries we follow in terms of exports as a share of GDP, 30 places above the position seen 10 years ago.
Exports (As % of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Australia | % | 0.219% | 0.242% | 0.240% | 0.221% | 0.255% | ||||||||||||||||
Denmark | % | 0.570% | 0.590% | 0.550% | 0.588% | 0.705% | ||||||||||||||||
Finland | % | 0.391% | 0.406% | 0.362% | 0.399% | 0.463% | ||||||||||||||||
Germany | % | 0.426% | 0.424% | 0.392% | 0.427% | 0.458% | ||||||||||||||||
Iceland | % | 0.460% | 0.437% | 0.333% | 0.374% | 0.458% | ||||||||||||||||
Indonesia | % | 0.210% | 0.186% | 0.173% | 0.214% | 0.245% | ||||||||||||||||
Netherlands | % | 0.871% | 0.853% | 0.812% | 0.865% | 0.964% | ||||||||||||||||
New Zealand | % | 0.279% | 0.273% | 0.217% | 0.223% | 0.240% | ... | |||||||||||||||
Norway | % | 0.382% | 0.366% | 0.322% | 0.430% | 0.555% | ||||||||||||||||
Papua New Guinea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
Russia | % | 0.308% | 0.284% | 0.255% | 0.300% | 0.277% | ||||||||||||||||
Sweden | % | 0.459% | 0.482% | 0.443% | 0.473% | 0.539% | ||||||||||||||||
United Kingdom | % | 0.316% | 0.316% | 0.297% | 0.292% | 0.336% |