SSB: The Norwegian economy is improving, but the crisis is not over
The reopening of society is well underway, and the upswing in the Norwegian economy continues. The COVID-19 pandemic will nevertheless continue to impact the economy…
Norwegian economy
Norwegian government pledges to reduce use of oil money: “The economy is recovering”
The Norwegian economy is recovering, and the government wants to reduce the use of oil money. Minister of Finance Jan Tore Sanner (H) and Prime…
Virke: 7 out of 10 member companies in Norway expect they will return to normal operations this year
More and more companies will return to normal business operations in the months ahead. The Enterprise Federation of Norway (Virke) believes the rebound will lead…
Norges Bank: The reopening of Norway is increasing optimism in the business community
Activity in the business sector has increased in recent months, and companies believe that the easing of the corona measures will lead to significant growth…
NAV: In the future, Norway will lack manpower in particular vocations and health sciences
The Norwegian Labour and Welfare Administration (NAV) has analyzed the labor market trends towards 2035. They predict that the labor market will become more unstable…
Experts: Vaccine news and economic recovery could accelerate interest rate hikes in Norway
Experts agree that Norges Bank will keep the interest rate at 0% on Thursday. But vaccine news and thus economic recovery could accelerate interest rate…
SSB: House prices in Norway rose by 8.3% from March to November. Interest rates will likely rise
The economic activity will pick up from the summer, as vaccination progresses and infection pressures decrease, Statistics Norway (SSB) believes. They expect a gradual rise…
NHO: Unemployment in Norway has quadrupled, almost 200,000 people don’t have a job
The economic development in the next six months will depend strongly on the corona pandemic, according to the Confederation of Norwegian Enterprise (NHO). On Thursday,…
Norwegian economy to be back to pre-corona levels by 2022, Nordea expert says
Though further layoffs could be on the cards with the new restrictions coming in, Norway will bounce back and overcome the unemployment crisis with only…
Norway registered fewer bankruptcies in the third quarter of 2020
A total of 800 bankruptcies were registered in Norway in the third quarter of 2020. That is a decrease from 1,116 bankruptcies at the same…
One in four Norwegian households financially hit by the corona crisis
A total of 360,000 Norwegian households had lower incomes in June than before the pandemic, according to a report by the Norwegian Institute for Consumer…
The upward trend for the Norwegian economy is flattening out, but still pointing upwards
GDP for mainland Norway rose by 0.6% in August but is still 3.9% lower than before the corona outbreak. The monthly figures for mainland GDP…
The Norwegian economy is only 2.4% circular, new rapport finds
A total of 97.6% of the materials consumed in Norway each year are not reintroduced into the economy shows a fresh analysis. The rapports showing…
The Norwegian economy fell more than ever before in the second quarter
The mainland Norwegian BNP went up 3.7% in June. However, that is not enough to make up for the decline earlier this year. In this…
Most Norwegians are more concerned about the Norwegian economy than their private finances
Not as many people as in June believe in an improvement in the Norwegian economy in the coming months. At the same time, fewer people…
Fewer people think it will be worse for the Norwegian economy
Only 35 percent of those surveyed believe the economic situation in Norway will be worse next month, according to the Norwegian Coronavirus Monitor. In March,…
Norway has not seen worse numbers since the 1930s
Unemployment and the fall in the Norwegian economy have not been worse since the 1930s. But the estimates for the revised numbers are still better…
Norwegians more skeptical of the Norwegian economy going forward
Norwegians are more skeptical about Norway’s economy now than it was three months ago, but they have little faith in their own private finances, the…
The EU believes in increased growth in Norway
The EU believes the Norwegian economy will grow faster this year than last year and even slightly faster in the next two years, according to…
IMF: Solid growth in Norwegian economy
– I am pleased to note that the IMF delegation find Norway’s economic momentum to be strong due to the conduct of fiscal policy in…
