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Norway: Household consumption (% of GDP)

Percent of GDP · 1950–2025 · 76 observations · forecasts to 2027 · hcons_GDP

2025
42.5%percent of GDP
Change on 2024
+1.4 pointsfrom 41.1%
Average, 2016–2025
42.9%10 years
Record high and low
62.6% (1950)low 34.1% (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
202744.4Forecast
202642.1Forecast
202542.5
202441.1
202339.8
202234.1
202140.3
202046.3
201946.2
201845.1
201746.4
201647.4

Sources

This series is derived from other GMD variables.

Norway documentation (PDF)

More for Norway

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Household consumption (% of GDP) elsewhere

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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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