Oil Rents (As % of GDP) in Norway

Created with Highcharts 6.0.4%19711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020024681012
Source: World Bank
Last Updated: July 1, 2023

Oil rents as a percentage of gdp reached 4.29% in 2020 in Norway, according to EIA. This is 10.2% less than in the previous year.

Historically, oil rents as a percentage of GDP in Norway reached an all time high of 11.0% in 2000 and an all time low of 0.002% in 1971.

Norway has been ranked 25th within the group of 100 countries we follow in terms of oil rents as a percentage of GDP.

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