Norway Household Consumption to GDP

Household final consumption expenditure as a share of GDP.

Household Consumption to GDP in Norway increased to 42.53 percent of GDP in 2025 from 41.10 percent of GDP in 2024.

42.5%
▲ +1.4 pp2025 · previous 41.1%Annual · percent of GDP · Source: World Bank — World Development Indicators

Norway Household Consumption to GDP — History

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Norway Household Consumption to GDP — analysis in simple words

Latest reading

Household Consumption to GDP in Norway increased to 42.53 percent of GDP in 2025 from 41.10 percent of GDP in 2024.

It has risen in each of the last three years.

Recent trend

A year earlier (2024) it was 41.1%, so the latest figure is 1.4 percentage points higher.

Over the past five years the average was 39.6%, with a range from 34.1% to 42.5%. The latest value is above that five-year average.

Historical context

This data series starts in 1970 and has 56 annual observations. The latest reading is higher than 20% of all of them.

The highest value on record is 52.0% (1977) and the lowest is 34.1% (2022). The long-run average is 46.3%.

Compared with other countries

Among 178 economies with recent data, Norway ranks 162nd from the top. The median across all these economies is 63.1%, so Norway is below the typical country.

Within Europe & Central Asia (51 economies with data) it ranks 46th; the regional median is 55.6%.

Statistics

Latest
42.5%2025
Previous
41.1%
5-year average
39.6%
Long-run average
46.3%since 1970
All-time high
52.0%1977
All-time low
34.1%2022
Observations
56Annual

Recent Data

PeriodValueChange
202542.5%▲ +1.4 pp
202441.1%▲ +1.3 pp
202339.8%▲ +5.7 pp
202234.1%▼ −6.1 pp
202140.3%▼ −6.0 pp
202046.3%▲ +0.1 pp
201946.2%▲ +1.1 pp
201845.1%▼ −1.3 pp
201746.4%▼ −0.9 pp
201647.4%▲ +2.3 pp
201545.1%▲ +2.6 pp
201442.5%▲ +1.0 pp
201341.5%▲ +0.7 pp
201240.8%▼ −0.5 pp
201141.4%▼ −1.6 pp
201043.0%▼ −0.2 pp
200943.2%▲ +4.1 pp
200839.1%▼ −2.5 pp
200741.6%▲ +0.2 pp
200641.4%▼ −1.5 pp
200542.9%▼ −2.2 pp
200445.1%▼ −1.3 pp
200346.4%▲ +1.0 pp
200245.4%▲ +2.2 pp
200143.1%▲ +0.3 pp
200042.8%▼ −4.8 pp
199947.6%▼ −1.4 pp
199849.0%▲ +1.6 pp
199747.3%▼ −1.1 pp
199648.4%

Household Consumption to GDP — Norway vs Peers

Latest available reading for each economy (periods may differ). Norway highlighted.

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More Norway indicators

Understanding Household Consumption to GDP — a simple guide

What it measures

Household final consumption expenditure as a share of GDP.

How it is calculated

Household spending on goods and services ÷ GDP × 100.

Simple example

A ratio of 60% means households account for 60% of total demand.

▲ When it is high or rising

Consumption-led economies depend on household income and confidence.

▼ When it is low or falling

A low share usually means investment or exports drive the economy.

Why it matters for the economy and markets

Consumption is the largest component of demand in most economies.

How to read it

Economies with high consumption shares are more sensitive to household income, credit and confidence.

Data source

World Bank — World Development Indicators (series NE.CON.PRVT.ZS), annual data from 1970 to 2025. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current household consumption to gdp of Norway?
Norway household consumption to gdp was 42.5% in 2025, compared with 41.1% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest household consumption to gdp of Norway?
Since 1970, the highest reading was 52.0% (1977) and the lowest was 34.1% (2022).
What does household consumption to gdp measure?
Household final consumption expenditure as a share of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.