Norway Motor Vehicles Sales Growth

2006 - 2021 | Yearly | % | CEIC Data

Key information about Norway Motor Vehicles Sales Growth

  • Norway Motor Vehicles Sales grew 20.5 % in Dec 2021, compared with a decrease of 4.9 % in the previous year.
  • Norway Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2021, with an average growth rate of 1.9 %.
  • The data reached an all-time high of 27.4 % in Dec 2010 and a record low of -16.8 % in Dec 2009.
  • Car Sales of Norway recorded 217,572.0 units in Dec 2021.

CEIC calculates annual Motor Vehicles Sales Growth from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.

View Norway's Motor Vehicles Sales Growth from 2006 to 2021 in the chart:

Norway Motor Vehicles Sales Growth

What was Norway's Motor Vehicles Sales Growth in 2021?

Norway Motor Vehicles Sales grew 20.5 % in Dec 2021, compared with a decrease of 4.9 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
20.5 2021 -4.9 2020 -16.8 2009 27.4 2010 % yearly 2006 - 2021

Motor Vehicles Sales Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 38.9 2019 yearly 2006 - 2019
Algeria (%) -1.8 2019 yearly 2006 - 2019
Argentina (%) 20.8 Jul 2022 monthly Jan 1997 - Jul 2022
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) 0.4 Jul 2022 monthly Jan 1995 - Jul 2022
Austria (%) 1.5 2021 yearly 2006 - 2021
Azerbaijan (%) 67.5 2019 yearly 2006 - 2019
Bahrain (%) -16.0 2019 yearly 2006 - 2019
Bangladesh (%) 5.4 2019 yearly 2006 - 2019
Belarus (%) 20.9 2019 yearly 2006 - 2019
Belgium (%) -9.3 2021 yearly 2006 - 2021
Bolivia (%) -12.1 2019 yearly 2006 - 2019
Bosnia and Herzegovina (%) -52.5 2019 yearly 2006 - 2019
Botswana (%) -87.1 2019 yearly 2006 - 2019
Brazil (%) 3.7 Jul 2022 monthly Jan 2003 - Jul 2022
Brunei (%) 20.1 Nov 2020 monthly Jan 2011 - Nov 2020
Bulgaria (%) 16.2 2021 yearly 2006 - 2021
Cambodia (%) 12.6 2019 yearly 2006 - 2019
Canada (%) -4.9 May 2022 monthly Jan 1947 - May 2022
Chile (%) 11.4 May 2022 monthly Jan 2010 - May 2022
China (%) 24.2 Jun 2022 monthly Jan 2001 - Jun 2022
Colombia (%) 61.2 May 2022 monthly Jan 2004 - May 2022
Croatia (%) 24.0 2021 yearly 2006 - 2021
Cyprus (%) -3.9 2019 yearly 2006 - 2019
Czech Republic (%) 10.2 Dec 2020 monthly Jan 2012 - Dec 2020
Denmark (%) -4.9 2021 yearly 2006 - 2021
Ecuador (%) 40.3 2021 yearly 2006 - 2021
Egypt (%) 26.4 2021 yearly 2006 - 2021
Estonia (%) 18.6 2019 yearly 2006 - 2019
Finland (%) 2.0 2021 yearly 2006 - 2021
France (%) 2.0 2021 yearly 2006 - 2021
Georgia (%) -3.4 2019 yearly 2006 - 2019
Germany (%) -9.0 2021 yearly 2006 - 2021
Ghana (%) -19.4 2019 yearly 2006 - 2019
Greece (%) 26.7 2021 yearly 2006 - 2021
Hong Kong SAR, China (%) -12.8 2019 yearly 2006 - 2019
Hungary (%) -2.3 2021 yearly 2006 - 2021
Iceland (%) -34.2 2019 yearly 2006 - 2019
India (%) 2.8 Mar 2022 monthly May 2002 - Mar 2022
Indonesia (%) 8.9 Jun 2022 monthly Jan 1990 - Jun 2022
Iran (%) -31.7 2019 yearly 2006 - 2019
Ireland (%) 21.4 2021 yearly 2006 - 2021
Israel (%) 35.2 2021 yearly 2006 - 2021
Italy (%) 6.4 2021 yearly 2006 - 2021
Ivory Coast (%) 15.8 2019 yearly 2006 - 2019
Japan (%) -7.4 Jul 2022 monthly Jan 1992 - Jul 2022
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) 27.4 2021 yearly 2006 - 2021
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) -10.6 Jun 2022 monthly Jan 1995 - Jun 2022
Kuwait (%) 17.4 2021 yearly 2006 - 2021
Kyrgyzstan (%) -35.8 2019 yearly 2006 - 2019
Laos (%) 16.8 2019 yearly 2006 - 2019
Latvia (%) 0.8 2019 yearly 2006 - 2019
Lebanon (%) -33.8 2019 yearly 2006 - 2019
Lithuania (%) 30.7 2019 yearly 2006 - 2019
Luxembourg (%) 4.4 2019 yearly 2006 - 2019
North Macedonia (%) 5.9 2019 yearly 2006 - 2019
Malawi (%) 1.6 2019 yearly 2006 - 2019
Malaysia (%) 3,190.0 Jun 2022 monthly Jul 1995 - Jun 2022
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 2.7 Jun 2022 monthly Jan 1996 - Jun 2022
Moldova (%) 7.7 2019 yearly 2006 - 2019
Mongolia (%) -41.0 2019 yearly 2006 - 2019
Morocco (%) 31.6 2021 yearly 2006 - 2021
Myanmar (%) 43.8 2019 yearly 2006 - 2019
Nepal (%) 3.5 2019 yearly 2006 - 2019
Netherlands (%) -5.2 2021 yearly 2006 - 2021
New Zealand (%) 38.3 2021 yearly 1976 - 2021
Nigeria (%) -42.4 2019 yearly 2006 - 2019
Norway (%) 20.5 2021 yearly 2006 - 2021
Oman (%) -0.2 2019 yearly 2006 - 2019
Pakistan (%) 44.8 May 2022 monthly Jul 2006 - May 2022
Palestinian Territory (%) -25.3 2019 yearly 2006 - 2019
Panama (%) 0.6 Jun 2022 monthly Jan 2006 - Jun 2022
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) 40.2 2021 yearly 2006 - 2021
Philippines (%) 26.8 Jun 2022 monthly Jan 1997 - Jun 2022
Poland (%) 8.7 2021 yearly 2006 - 2021
Portugal (%) -18.6 Jun 2022 monthly Jan 2001 - Jun 2022
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) -0.9 2021 yearly 2006 - 2021
Russia (%) -75.6 Jul 2022 monthly Jan 2009 - Jul 2022
Saudi Arabia (%) 23.0 2021 yearly 2006 - 2021
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) -22.9 Jun 2022 monthly Jan 2011 - Jun 2022
Slovakia (%) 2.9 2021 yearly 2006 - 2021
Slovenia (%) 14.0 2019 yearly 2006 - 2019
South Africa (%) 7.6 Jun 2022 monthly Jan 2004 - Jun 2022
Spain (%) 0.3 2021 yearly 2006 - 2021
Sri Lanka (%) -27.0 2019 yearly 2006 - 2019
Sudan (%) -13.8 2019 yearly 2006 - 2019
Sweden (%) 4.1 2021 yearly 2006 - 2021
Switzerland (%) 1.1 2021 yearly 2006 - 2021
Syria (%) 62.8 2019 yearly 2006 - 2019
Taiwan (%) 24.6 Jun 2022 monthly Jan 1998 - Jun 2022
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) 4.6 Jun 2022 monthly Dec 1992 - Jun 2022
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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Norway Key Series

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Includes 262 key indicators for Norway, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 14.6 Mar 2022 quarterly Dec 2002 - Mar 2022
Consolidated Fiscal Balance (USD mn) 33,836.339 Mar 2022 quarterly Mar 2002 - Mar 2022
Tax Revenue (USD mn) 50,604.722 Mar 2022 quarterly Mar 2002 - Mar 2022
Tax Revenue: % of GDP (%) 35.3 Mar 2022 quarterly Mar 2002 - Mar 2022
National Government Debt (USD mn) 203,080.5 2021 yearly 1995 - 2021
Government Debt: % of GDP (%) 43.2 2021 yearly 1995 - 2021
Forecast: Government Expenditure (NOK bn) 2,499.145 2027 yearly 1980 - 2027
Forecast: Government Net Debt (NOK bn) 2,343.163 2027 yearly 1980 - 2027
Forecast: Government Revenue (NOK bn) 2,606.150 2027 yearly 1980 - 2027
General Govt Taxes: GS: Value Added Tax (NOK mn) 338,000.000 2021 yearly 1995 - 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.069 2027 yearly 1980 - 2027
Trade Balance (USD mn) 8,972.1 Jun 2022 monthly Jan 1957 - Jun 2022
Total Exports (USD mn) 18,290.1 May 2022 monthly Jan 1975 - May 2022
Total Exports Growth (%) 77.9 Jun 2022 monthly Jan 1976 - Jun 2022
Aluminum: Exports (USD th) 5,269,936.329 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 549,563.055 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 280,320.737 2021 yearly 1995 - 2021
Total Imports (USD mn) 9,144.9 Jun 2022 monthly Jan 1976 - Jun 2022
Total Imports Growth (%) 20.1 Jun 2022 monthly Jan 1977 - Jun 2022
Imports: Medicament (USD th) 1,660,589.240 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 695,675.854 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 470.267 Jun 2022 monthly Jan 1988 - Jun 2022
Total Imports from USA (USD mn) 455.383 Jun 2022 monthly Apr 1963 - Jun 2022
Total Exports to China (USD mn) 226.644 Jun 2022 monthly Mar 1977 - Jun 2022
Total Imports from China (USD mn) 1,075.525 Jun 2022 monthly Apr 1963 - Jun 2022
Exports: Crude Oil (NOK mn) 43,186.000 Jun 2022 monthly Jan 1974 - Jun 2022
Imports (NOK mn) 89,143.000 Jun 2022 monthly Jan 1976 - Jun 2022
Exports (NOK mn) 176,601.000 Jun 2022 monthly Jan 1975 - Jun 2022
Exports: Netherlands (NOK th) 10,757,103.000 Jun 2022 monthly Jan 1988 - Jun 2022
Exports: United Kingdom (NOK th) 32,405,712.000 Jun 2022 monthly Jan 1988 - Jun 2022
Exports: Sweden (NOK th) 13,922,661.000 Jun 2022 monthly Jan 1988 - Jun 2022
Exports: Germany (NOK th) 48,997,609.000 Jun 2022 monthly Jan 1988 - Jun 2022
Exports: France (NOK th) 14,849,006.000 Jun 2022 monthly Jan 1988 - Jun 2022
Exports: 1-Digit: Manufactured Goods (NOK th) 13,017,508.000 Jun 2022 monthly Jan 1988 - Jun 2022
Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 7,791,711.000 Jun 2022 monthly Jan 1988 - Jun 2022
Exports: 1-Digit: Chemical and Related Product (NOK th) 7,132,668.000 May 2022 monthly Jan 1988 - May 2022
Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 129,386,241.000 Jun 2022 monthly Jan 1988 - Jun 2022
Exports: 1-Digit: Food and Live Animals (NOK th) 12,860,537.000 Jun 2022 monthly Jan 1988 - Jun 2022
Imports: Germany (NOK th) 9,152,275.000 Jun 2022 monthly Jan 1988 - Jun 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -1,792.6 Mar 2022 quarterly Mar 1994 - Mar 2022
Current Account Balance (USD mn) 38,555.0 Mar 2022 quarterly Mar 1981 - Mar 2022
Current Account Balance: % of GDP (%) 26.9 Mar 2022 quarterly Mar 1981 - Mar 2022
Foreign Direct Investment (USD mn) 1,512.7 Mar 2022 quarterly Mar 2005 - Mar 2022
Foreign Direct Investment: % of GDP (%) 1.1 Mar 2022 quarterly Mar 2005 - Mar 2022
Foreign Portfolio Investment (USD mn) 3,294.734 Mar 2022 quarterly Mar 1994 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) 2.3 Mar 2022 quarterly Mar 1994 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -3.2 Mar 2022 quarterly Mar 2005 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 3,297.900 Mar 2022 quarterly Mar 2005 - Mar 2022
External Debt (USD mn) 737,812.2 Mar 2022 quarterly Mar 2003 - Mar 2022
External Debt: % of GDP (%) 154.4 2021 yearly 2003 - 2021
External Debt: Short Term (USD mn) 300,901.8 Mar 2022 quarterly Mar 2012 - Mar 2022
External Debt: Short Term: % of GDP (%) 58.6 2021 yearly 2012 - 2021
Total Debt: % of GDP (%) 587.5 Mar 2022 quarterly Dec 1995 - Mar 2022
Forecast: Current Account Balance (USD bn) 61.533 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 1,252,250.791 Mar 2022 quarterly Mar 2012 - Mar 2022
BoP: FA: Foreign Assets: Reserve Assets (NOK mn) -2,707.000 Mar 2022 quarterly Mar 2005 - Mar 2022
BoP: Current Account Balance (NOK mn) 341,055.000 Mar 2022 quarterly Mar 1981 - Mar 2022
BoP: Financial Account (FA): Foreign Assets (NOK mn) 497,860.000 Mar 2022 quarterly Mar 2005 - Mar 2022
BoP: FA: Foreign Liabilities (NOK mn) 178,728.000 Mar 2022 quarterly Mar 2005 - Mar 2022
BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) -15,857.000 Mar 2022 quarterly Mar 2005 - Mar 2022
BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) -30,582.000 Dec 2021 quarterly Mar 2005 - Dec 2021
BoP: FA: Foreign Assets: Other Investments (NOK mn) 365,175.000 Mar 2022 quarterly Mar 2005 - Mar 2022
BoP: FA: Foreign Liabilities: Other Investments (NOK mn) 136,202.000 Mar 2022 quarterly Mar 2005 - Mar 2022
BoP: BI: Net Current Transfers (NOK mn) -9,693.000 Mar 2022 quarterly Mar 1981 - Mar 2022
BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) 151,249.000 Mar 2022 quarterly Mar 2005 - Mar 2022
BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) 29,145.000 Mar 2022 quarterly Mar 2005 - Mar 2022
BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 47,793.000 Mar 2022 quarterly Mar 1981 - Mar 2022
IIP: Foreign Liabilities (NOK mn) 8,770,790.000 Sep 2021 quarterly Mar 2012 - Sep 2021
IIP: Foreign Assets (NOK mn) 20,086,254.000 Mar 2022 quarterly Mar 2012 - Mar 2022
Gross External Debt (NOK mn) 6,462,276.000 Mar 2022 quarterly Mar 2012 - Mar 2022
Gross Debt: External Loan Debt: General Public (NOK mn) 1,222,575.000 Dec 2018 quarterly Dec 2015 - Dec 2018
Foreign Direct Investment: Stock (NOK mn) 1,448,712.000 2020 yearly 2004 - 2020
Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 17,817.000 2020 yearly 2004 - 2020
Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 229,558.000 2020 yearly 1998 - 2020
Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 7,900.000 2020 yearly 1998 - 2020
Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 238,425.000 2020 yearly 1998 - 2020
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 92,627.000 2020 yearly 1998 - 2020
No of Bankruptcies: SIC 2007 (Unit) 938.000 Mar 2022 quarterly Mar 2006 - Mar 2022
No of New Registered Enterprises (Unit) 19,201.000 Mar 2022 quarterly Mar 2001 - Mar 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.5 2021 yearly 1990 - 2021
Household Debt: % of GDP (%) 96.9 Mar 2022 quarterly Dec 1995 - Mar 2022
Money Supply M1 (USD mn) 295,914.866 Jun 2022 monthly Dec 1992 - Jun 2022
Money Supply M2 (USD mn) 315,986.859 Jun 2022 monthly Dec 1992 - Jun 2022
M2 Growth (%) 8.9 May 2022 monthly Dec 1993 - May 2022
Reserve Requirement Ratio (%) 0.3 Jul 2022 monthly Oct 2011 - Jul 2022
Foreign Exchange Reserves (USD mn) 70,287.1 Jun 2022 monthly Jan 1999 - Jun 2022
Foreign Exchange Reserves: % of GDP (%) 13.941 Mar 2022 quarterly Mar 1999 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 7.7 Jun 2022 monthly Jan 1999 - Jun 2022
Gold Reserves (USD mn) 0.000 Jun 2022 monthly Dec 1959 - Jun 2022
Total Deposits (USD mn) 504,733.193 May 2022 monthly May 2009 - May 2022
Total Deposits Growth (%) 7.3 May 2022 monthly May 2010 - May 2022
Domestic Credit (USD mn) 724,674.1 May 2022 monthly Dec 1985 - May 2022
Domestic Credit Growth (%) 4.9 May 2022 monthly Dec 1986 - May 2022
Debt Service Ratio: Households (%) 14.300 Dec 2021 quarterly Mar 1999 - Dec 2021
Debt Service Ratio: Private Non-Financial Sector (%) 26.500 Dec 2021 quarterly Mar 1999 - Dec 2021
Credit to Households (USD bn) 465.638 Dec 2021 quarterly Mar 1975 - Dec 2021
Credit to Private Non-Financial Sector (USD bn) 1,119.184 Dec 2021 quarterly Dec 1953 - Dec 2021
Household Debt (USD mn) 496,569.2 Mar 2022 quarterly Dec 1995 - Mar 2022
Total Loans (USD mn) 822,397.502 Mar 2022 monthly Mar 1996 - Mar 2022
Total Loans Growth (%) 7.18 Mar 2022 monthly Mar 1997 - Mar 2022
Private Debt: % of Nominal GDP (%) 124.65 Mar 2022 quarterly Mar 1996 - Mar 2022
Monetary Aggregates: M3: M2 (NOK mn) 3,031,152.000 May 2022 monthly Dec 1992 - May 2022
Monetary Aggregates: M3 (NOK mn) 3,033,829.000 May 2022 monthly Jan 2008 - May 2022
Monetary Aggregates: M3: M2: M1 (NOK mn) 2,833,493.000 May 2022 monthly Dec 1992 - May 2022
Monetary Aggregates: Base Money (NOK mn) 64,465.000 May 2022 monthly Jan 1900 - May 2022
Monetary Aggregates: M3: sa (NOK mn) 3,054,000.000 May 2022 monthly Jan 2008 - May 2022
Official Reserve Assets (NOK mn) 773,549.000 Jun 2022 monthly Jan 1999 - Jun 2022
Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 652,870.000 Jun 2022 monthly Jan 1999 - Jun 2022
Bank Deposits (NOK mn) 4,724,656.000 May 2022 monthly May 2009 - May 2022
Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
Loans: Banks (NOK mn) 4,339,781.000 May 2022 monthly Jan 1996 - May 2022
Domestic Debt C2 (NOK mn) 6,783,457.000 May 2022 monthly Dec 1985 - May 2022
Non Performing Loans Ratio: Enterprises (%) 0.700 2021 yearly 1990 - 2021
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -9.3 Jun 2022 monthly Feb 2005 - Jun 2022
Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

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