International Monetary Fund: Norwegian economy characterized by uncertainty
The International Monetary Fund (IMF) says high demand will increase gross domestic product by 4% in 2022 but notes that the economic outlook is uncertain….
Norwegian economy
Opinion: As the Russian invasion of Ukraine drags on, is the Støre government focusing too much on war?
With Russian forces seemingly bogged down in their attempt to capture Kyiv, Ukrainian President Volodymyr Zelinskyy has addressed the Norwegian Storting seeking more weapons and…
Norwegians’ confidence in the Norwegian economy is at a historic low
Norwegians’ confidence in their personal finances and the country’s economy fell sharply in March and is even lower than when the pandemic shut down the…
Report: Norway’s economy proved to be the most resistant to the pandemic in the Nordic region
In the pandemic year of 2020, Norway experienced less of an economic decline than its Nordic neighbors, according to a new report. In 2020, Norwegian…
PM Støre: The Norwegian economy is doing well – but we need to limit inflation
The Norwegian economy is doing well and is on its way out of the pandemic, so spending must be limited, Prime Minister Jonas Gahr Støre…
Vedum fears Norwegian economy could overheat
The Minister of Finance wants to prevent the economy from overheating. He fears that this may necessitate an even faster rise in interest rates than…
Norwegian companies lack workers and raw materials, new survey shows
A survey among Norwegian companies conducted by Norges Bank reveals high activity but a lack of workers and raw materials. Leaders in 300 companies and…
DNB and Nordea expect continued economic growth – and more interest rate increases
Nordea and DNB both believe in increased wage and price growth in the coming years. The banks also believe that interest rates will rise faster…
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 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…
