Stock market capitalization to GDP (%) in Norway
Norway: Stock market capitalization to GDP (%) was 73.0% in 2019. ◆ Volatile
Stock market capitalization to GDP in Norway, 1981–2019
Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.
Analysis
Norway recorded 73.0% for stock market capitalization to gdp in 2019.
Compared with earlier readings it is up 19.3% on the previous year and up 24.0% over ten years.
Over the whole period, stock market capitalization to gdp in Norway peaked at 93.3% in 1984 and was at its lowest, 3.8%, in 1982.
That places Norway 26th out of 91 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Stock market capitalization to GDP (%) in Norway, year by year
| Year | % | Change |
|---|---|---|
| 1981 | 5.2% | — |
| 1982 | 3.8% | -27.1% |
| 1983 | 7.4% | +94.6% |
| 1984 | 93.3% | +1154.5% |
| 1985 | 15.4% | -83.5% |
| 1986 | 12.8% | -16.5% |
| 1987 | 12.6% | -1.8% |
| 1988 | 15.5% | +22.6% |
| 1989 | 24.6% | +59.3% |
| 1990 | 21.8% | -11.5% |
| 1991 | 18.0% | -17.3% |
| 1992 | 13.6% | -24.5% |
| 1993 | 22.7% | +66.5% |
| 1994 | 28.7% | +26.3% |
| 1995 | 29.3% | +2.3% |
| 1996 | 34.8% | +18.6% |
| 1997 | 41.2% | +18.5% |
| 1998 | 30.1% | -26.9% |
| 1999 | 39.3% | +30.4% |
| 2000 | 38.4% | -2.1% |
| 2001 | 39.9% | +4.0% |
| 2002 | 32.8% | -17.8% |
| 2003 | 41.9% | +27.7% |
| 2004 | 53.5% | +27.6% |
| 2005 | 61.9% | +15.7% |
| 2006 | 81.3% | +31.4% |
| 2007 | 88.5% | +8.9% |
| 2008 | 31.6% | -64.3% |
| 2009 | 58.8% | +86.4% |
| 2010 | 68.9% | +17.0% |
| 2011 | 44.3% | -35.6% |
| 2012 | 47.6% | +7.5% |
| 2013 | 50.8% | +6.5% |
| 2014 | 44.0% | -13.3% |
| 2015 | 50.3% | +14.2% |
| 2016 | 62.7% | +24.8% |
| 2017 | 72.1% | +15.0% |
| 2018 | 61.2% | -15.1% |
| 2019 | 73.0% | +19.3% |
Norway compared with similar countries
- Norway's 73.0% is above the median for high income countries, which is 59.3%, 1.2× the median. (49 countries reporting)
- Norway's 73.0% is above the median for Europe & Central Asia, which is 29.8%, 2.5× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Stock market capitalization to GDP (%) in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +1154.5% | 7.4% | 93.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 21.2% | 3.8% | 93.3% | 9 |
| 1990s | 28.0% | 13.6% | 41.2% | 10 |
| 2000s | 52.9% | 31.6% | 88.5% | 10 |
| 2010s | 57.5% | 44.0% | 73.0% | 10 |
Countries ranked near Norway
- 23 United Arab Emirates 82.2% compare
- 24 Philippines 75.4% compare
- 25 Chile 73.0% compare
- 27 Bahrain 70.9% compare
- 28 Luxembourg 70.3% compare
- 29 Brazil 68.2% compare
More financial sector data for Norway
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 242.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 176.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 242.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is stock market capitalization to gdp in Norway?
- Stock market capitalization to gdp in Norway was 73.0% in 2019, according to Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
- What is the highest stock market capitalization to gdp recorded in Norway?
- The highest recorded value was 93.3% in 1984.
- What is the lowest stock market capitalization to gdp recorded in Norway?
- The lowest recorded value was 3.8% in 1982.
- How does Norway rank for stock market capitalization to gdp?
- Norway ranks 26th out of 91 countries with data for 2019.
- Is stock market capitalization to gdp rising or falling in Norway?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as part of Stock market capitalization to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Value of listed shares to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI. End-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF) and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).