Economic
Lowered 2026 non-oil GDP forecast for Norway
Norway's Labour Party government has downgraded its 2026 non-oil GDP growth forecast, signaling weaker economic activity outside the oil sector.
Norway's Labour Party‑led government has revised down its 2026 non‑oil GDP growth forecast to 1.8 % from 2.1 %, while slightly raising the 2027 projection. The adjustment reflects heightened Middle East conflict risks and global uncertainty, which could depress exports and financial‑market conditions despite higher oil and gas revenues. The revision implies a more subdued growth path for the Norwegian mainland economy and may increase pressure on fiscal policy and business investment planning.
- Status
- active
- Location
- Norway
- Date added
- 2026-03-29 15:50 UTC
- Last updated
- 2026-03-29 15:50 UTC
- Source
- https://www.aftenposten.no
- Connected threats
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- Not Available