Lowest GDP growth since the financial crisis in 2009

Broken savings boxBroken savings box.Photo: Sara Johannessen / SCANPIX

The gross domestic product (GDP) for mainland Norway was 1 percent in 2015, the lowest growth since the financial crisis in 2009.

The new figures published by Statistics Norway (SSB) this Tuesday, confirms that the mainland experienced a slight growth in the first half of last year. It was close to zero growth in the second half.
In the fourth quarter last year, the GDP of mainland Norway increased by 0.1 percent. The growth in the third quarter was revised down to 0.
– In 2015, the GDP increased  by 1.0 percent in mainland Norway , the lowest growth since the financial crisis in 2009, says SSB.

 

Source: NTB scanpix / Norway Today

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