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Macro - Country Economic Forecasts - Norway

Publisher Oxford Economics
Published Mar 21, 2025
Length 8 Pages
SKU # OFE19929277

Description

We expect the Norwegian mainland economy to grow by 1.2% in 2025 and 2.2% in 2026. Growth should resume after the surprise contraction in Q4 2024, but at a steady pace rather than a sharp acceleration. The elevated geopolitical uncertainty stemming from US President Trump's trade policy will subdue the investment environment.

Table of Contents

8 Pages
Norway: Final inflation battle is proving the most difficult
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy and politics

Pricing

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