National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Norway
Index 2015=100, Quarterly
NAEXKP06NOQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.90
Year-over-Year Change
14.90%
Date Range
1/1/1978 - 7/1/2023
Summary
This quarterly index, with a base year of 2015, measures the real gross domestic product per capita for Norway. It provides important insights into the country's economic growth and living standards.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index 2015=100, Quarterly trend represents the real GDP per capita for Norway, adjusted for inflation and population changes. It is a key indicator used by economists and policymakers to assess the overall health and living standards of the Norwegian economy.
Methodology
This data is calculated by the U.S. Federal Reserve using national accounts and population statistics from Norway.
Historical Context
The index is widely referenced by analysts, investors, and policymakers to understand Norway's economic performance and competitiveness.
Key Facts
- Norway has a highly developed, open economy.
- The country is a major exporter of oil, gas, and seafood.
- GDP per capita in Norway is among the highest in the world.
FAQs
Q: What does this economic trend measure?
A: This quarterly index measures the real gross domestic product per capita for Norway, with a base year of 2015.
Q: Why is this trend relevant for users or analysts?
A: The index provides important insights into Norway's economic growth and living standards, making it a key indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using national accounts and population statistics from Norway.
Q: How is this trend used in economic policy?
A: The index is widely referenced by analysts, investors, and policymakers to understand Norway's economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is published quarterly, with some potential for minor delays in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP06NOQ661S), retrieved from FRED.