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Norway: Household consumption

Millions of local currency · 1950–2025 · 76 observations · forecasts to 2027 · hcons

2025
2.35 trillionlocal currency
Change on 2024
+6.1%year on year
Average growth, 2015–2025
+4.9%a year
In US dollars, 2025
$226 billionUS dollars

Household consumption

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10B100B1T10T19501960197019801990200020102020NorwayNorway
ForecastLocal currency

Compare with other countries →Definition of Household consumption

Recent values

Millions of local currency

YearValue
20272,569,260Forecast
20262,474,106Forecast
20252,346,387
20242,212,165
20232,111,037
20222,026,344
20211,804,396
20201,666,697
20191,724,628
20181,666,935
20171,596,562
20161,525,327

Sources

  • Penn World Table1950–2019
  • OECD Economic Outlook1960–2025
  • United Nations1970–2024
  • World Development Indicators1970–2025
  • Eurostat1975–2025
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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