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Norway: Household consumption (% of GDP)

Percent of GDP · 1950–2025 · 76 observations · forecasts to 2026 · hcons_GDP

2025
41.6%percent of GDP
Change on 2024
+1.3 pointsfrom 40.2%
Average, 2016–2025
41.0%10 years
Record high and low
62.4% (1950)low 32.4% (2022)

Household consumption (% of GDP)

Report error
30%35%40%45%50%55%60%65%19501960197019801990200020102020NorwayNorway
ForecastPercent of GDP

Compare with other countries →Definition of Household consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202642.2Forecast
202541.6
202440.2
202338.5
202232.4
202137.6
202043.4
201943.9
201842.7
201744.3
201645.3

Sources

This series is derived from other GMD variables.

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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