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Main economic indicators 2004-2019. Accounts and forecasts. Percentage change from previous year unless otherwise noted
	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015*	Forecasts
	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015*	2016	2017	2018	2019
¹Consumption in households and non-profit organizations + general government consumption + gross fixed capital formation in mainland Norway.
²Change in stockbuilding. Per cent of GDP.
³According to Statistics Norway's labour force survey(LFS). Break in data series in 2006.
⁴CPI adjusted for tax changes and excluding energy products.
⁵Yearly average. Lending rate, banks until 2006.
⁶Increasing index implies depreciation.
⁷Average spot price Brent Blend.
Demand and output
Consumption in households etc.	5.4	4.4	5.0	5.3	1.7	0.0	3.8	2.3	3.5	2.7	1.9	2.1	1.5	1.9	2.0	2.0
General government consumption	1.3	1.9	1.9	2.0	2.4	4.1	2.2	1.0	1.6	1.0	2.7	2.1	2.2	1.7	1.9	1.8
Gross fixed investment	10.0	12.0	9.1	11.7	0.9	-6.8	-6.6	7.4	7.6	6.3	-0.7	-3.8	0.0	1.5	3.3	2.5
Extraction and transport via pipelines	10.5	19.7	3.2	6.9	4.7	3.3	-8.9	11.3	15.1	19.3	-3.2	-15.0	-15.8	-11.8	5.1	3.7
mainland Norway	10.7	11.1	9.3	14.2	0.9	-10.4	-6.4	5.0	7.4	2.9	0.4	0.6	5.6	5.0	2.5	1.8
Industries	12.5	18.1	12.7	22.7	3.1	-18.4	-9.5	1.1	10.5	-3.3	-0.7	-1.6	2.6	3.6	3.5	3.7
Housing	16.3	9.7	4.0	2.7	-9.0	-8.1	-1.6	17.0	10.9	5.3	-1.4	1.6	9.3	6.9	1.3	-1.1
General government	2.6	-0.6	8.4	8.7	7.2	7.7	-4.8	1.1	-1.8	11.8	4.4	3.0	6.0	5.0	2.5	2.4
Demand from Mainland Norway¹	5.1	5.1	5.0	6.2	1.6	-1.4	1.2	2.5	3.7	2.3	1.8	1.8	2.6	2.5	2.1	1.9
Stockbuilding²	2.4	-0.1	1.4	0.2	-0.1	-2.5	2.9	-0.3	-0.3	0.4	0.2	0.2	0.2	0.0	0.0	0.0
Exports	1.0	0.5	-0.8	1.4	0.1	-4.1	0.7	-0.8	1.4	-1.7	3.1	3.7	-1.7	1.2	1.6	2.0
Crude oil and natural gas	-0.7	-5.0	-6.6	-2.4	-1.3	-1.6	-6.9	-5.6	0.5	-5.5	2.7	3.2	0.8	0.0	-1.0	-0.8
Traditional goods	3.6	5.3	6.1	9.2	3.5	-8.0	3.3	-0.1	-0.2	1.3	3.1	5.8	-5.1	3.0	3.5	4.4
Imports	9.0	7.9	9.1	10.0	3.2	-10.0	8.3	4.0	3.1	4.9	2.4	1.6	1.1	1.8	2.8	2.9
Traditional goods	11.7	8.4	11.6	7.2	1.2	-12.1	9.2	4.6	2.6	2.3	2.1	1.9	0.1	1.3	2.7	3.0
Gross domestic product	4.0	2.6	2.4	2.9	0.4	-1.6	0.6	1.0	2.7	1.0	1.9	1.6	0.4	1.4	1.7	1.7
Mainland Norway	5.0	4.7	5.0	5.7	1.7	-1.6	1.8	1.9	3.8	2.3	2.2	1.1	0.7	1.7	2.2	2.1
Manufacturing	4.6	3.6	2.6	3.8	2.7	-7.8	2.1	1.7	2.0	3.3	2.8	-3.2	-3.9	1.0	1.8	1.9
Labour market
Total hours worked, Mainland Norway	2.2	1.6	3.5	4.8	3.6	-2.0	0.2	1.7	1.8	0.3	1.4	0.4	-0.1	0.3	0.5	0.8
Employed persons	0.6	1.3	3.4	4.1	3.2	-0.5	-0.5	1.5	2.1	1.1	1.2	0.3	-0.1	0.8	0.8	0.8
Labor force³	0.3	0.8	1.6	2.5	3.4	0.0	0.5	1.0	1.8	1.0	1.1	1.4	0.4	0.6	0.7	0.7
Participation rate (level)³	72.6	72.4	72.0	72.8	73.9	72.8	71.9	71.4	71.5	71.2	71.0	71.2	70.7	70.6	70.7	70.8
Unemployment rate (level)³	4.5	4.6	3.4	2.5	2.6	3.2	3.6	3.3	3.2	3.5	3.5	4.4	4.7	4.5	4.4	4.3
Prices and wages
Wages per standard man-year	3.5	3.3	4.1	5.4	6.3	4.2	3.7	4.2	4.0	3.9	3.1	2.8	2.2	2.6	2.9	3.4
Consumer price index (CPI)	0.4	1.6	2.3	0.8	3.8	2.1	2.5	1.2	0.8	2.1	2.0	2.1	3.6	2.3	2.1	2.4
CPI-ATE⁴	0.4	1.0	0.8	1.4	2.6	2.6	1.4	0.9	1.2	1.6	2.4	2.7	3.0	2.0	2.0	2.2
Export prices, traditional goods	8.4	4.0	11.3	2.4	2.8	-6.0	4.5	5.8	-1.9	2.7	3.4	2.3	3.1	1.9	1.3	2.9
Import prices, traditional goods	3.7	0.3	4.0	3.7	3.9	-1.5	0.0	4.0	0.3	1.5	4.4	4.7	0.9	0.8	1.2	2.2
Housing prices	10.1	8.2	13.7	12.6	-1.1	1.9	8.3	8.0	6.7	4.0	2.7	6.1	7.3	7.2	1.5	-0.7
Income, interest rates and excange rate
Household real income	3.4	8.3	-6.6	6.0	3.4	3.2	2.3	4.1	4.4	3.8	2.7	5.2	-2.9	2.1	1.9	2.0
Household saving ratio (level)	7.0	9.6	-0.5	0.9	3.7	5.2	4.0	5.8	7.1	7.6	8.2	10.4	6.5	6.6	6.5	6.4
Money market rate (level)	2.0	2.2	3.1	5.0	6.2	2.5	2.5	2.9	2.2	1.8	1.7	1.3	1.1	1.0	1.0	1.0
Lending rate, credit loans(level)⁵	4.2	3.9	4.3	5.0	6.8	4.0	3.4	3.6	3.9	4.0	3.9	3.2	2.6	2.6	2.6	2.6
Real after-tax lending rate, banks (level)	2.0	0.8	0.2	2.9	1.1	0.7	0.1	1.3	2.1	0.7	0.8	0.1	-1.6	-0.3	-0.1	-0.4
Importweighted krone exchange rate (44 countries)⁶	3.0	-3.9	0.7	-1.8	0.0	3.3	-3.7	-2.4	-1.2	2.2	5.3	10.4	1.9	-3.2	0.0	1.1
NOK per euro (level)	8.4	8.0	8.1	8.0	8.2	8.7	8.0	7.8	7.5	7.8	8.4	9.0	9.3	9.0	9.0	9.1
Current account
Current balance (bill. NOK)	220.6	322.8	357.7	287.4	408.3	258.2	282.7	344.9	368.6	314.2	346.0	270.0	159.4	201.3	210.3	229.8
Current balance (per cent of GDP)	12.4	16.2	16.1	12.2	15.6	10.7	10.9	12.7	12.4	10.2	11.0	8.7	5.1	6.2	6.2	6.4
International indicators
Exports markets indicator	7.8	7.1	9.8	6.5	1.7	-9.8	11.3	6.3	1.4	2.1	4.9	4.9	3.1	4.1	4.5	4.6
Consumer price index, euro-area	2.1	2.2	2.2	2.2	3.3	0.3	1.7	2.7	2.5	1.3	0.4	0.1	0.3	1.2	1.5	1.7
Money market rate, euro(level)	2.1	2.2	3.1	4.3	4.6	1.2	0.8	1.4	0.5	0.2	0.2	0.0	-0.3	-0.2	-0.2	0.2
Crude oil price NOK (level)⁷	255	356	423	423	536	388	484	621	649	639	621	430	375	451	464	503