Norway Retail Sales Growth

1980 - 2024 | Monthly | % | CEIC Data

Key information about Norway Retail Sales Growth

  • Norway Retail Sales dropped 1.2 % YoY in Jan 2024, compared with a 0.1 % decrease in the previous month.
  • Norway Retail Sales Growth YoY data is updated monthly, available from Jan 1980 to Jan 2024, with an average growth rate of 1.7 %.
  • The data reached an all-time high of 15.3 % in Jul 2020 and a record low of -13.4 % in Dec 1988.
  • In the latest reports, Car Sales of Norway recorded 210,007.0 units in Dec 2022, representing a drop of 3.4 %.

CEIC calculates monthly Retail Sales: Excl. Motor Vehicles Growth from monthly Retail Sales Volume Index. Statistics Norway provides Retail Sales Volume Index with base 2021=100. Retail Sales: Excl. Motor Vehicles Growth prior to January 2001 is calculated from Retail Sales Volume Index with base 2000=100.

View Norway's Retail Sales Growth from Jan 1980 to Jan 2024 in the chart:

Norway Retail Sales Growth

What was Norway's Retail Sales Growth in Jan 2024?

Norway Retail Sales dropped 1.2 % YoY in Jan 2024, compared with a 0.1 % decrease in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-1.2 Jan 2024 -0.1 Dec 2023 -13.4 Dec 1988 15.3 Jul 2020 % monthly Jan 1980 - Jan 2024

Retail Sales Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 4.5 Mar 2023 monthly Jan 2006 - Mar 2023
Argentina (%) -6.6 Dec 2023 monthly Jan 2018 - Dec 2023
Armenia (%) 20.3 Dec 2023 monthly Jan 2001 - Dec 2023
Australia (%) 4.2 May 2023 monthly Apr 1983 - May 2023
Austria (%) -4.7 Dec 2023 monthly Jan 2007 - Dec 2023
Azerbaijan (%) 4.6 Jan 2024 monthly Dec 2007 - Jan 2024
Belarus (%) 9.9 Jan 2024 monthly Oct 2008 - Jan 2024
Belgium (%) -5.4 Dec 2023 monthly Jan 2007 - Dec 2023
Bosnia and Herzegovina (%) 15.4 Apr 2023 monthly Jan 2013 - Apr 2023
Brazil (%) 2.9 Dec 2023 monthly Jan 2001 - Dec 2023
Bulgaria (%) -0.6 Apr 2023 monthly Jan 2001 - Apr 2023
Canada (%) 1.1 Apr 2023 monthly Jan 1992 - Apr 2023
Chile (%) 2.8 Jan 2024 monthly Jan 2015 - Jan 2024
China (%) 12.7 May 2023 monthly Jan 1994 - May 2023
Colombia (%) -3.0 Dec 2023 monthly Jan 2014 - Dec 2023
Croatia (%) 3.3 Apr 2023 monthly Jan 2001 - Apr 2023
Cyprus (%) 3.4 Dec 2023 monthly Jan 2006 - Dec 2023
Czech Republic (%) -0.9 Dec 2023 monthly Jan 2001 - Dec 2023
Denmark (%) 0.4 May 2023 monthly Jan 2001 - May 2023
Egypt (%) 1.4 2020 yearly 1996 - 2020
Estonia (%) 0.3 Dec 2023 quarterly Mar 1996 - Dec 2023
European Union (%) -0.3 Dec 2023 monthly Jan 2000 - Dec 2023
Finland (%) -1.6 Nov 2023 monthly Jan 1996 - Nov 2023
France (%) -1.1 Dec 2023 monthly Jan 1996 - Dec 2023
Georgia (%) 4.3 Sep 2023 quarterly Mar 2010 - Sep 2023
Germany (%) -4.4 Apr 2023 monthly Jan 1995 - Apr 2023
Greece (%) -3.9 Nov 2023 monthly Jan 2001 - Nov 2023
Hong Kong SAR, China (%) 16.6 May 2023 monthly Jan 1982 - May 2023
Hungary (%) -0.5 Dec 2023 monthly Jan 2001 - Dec 2023
Iceland (%) 6.7 Dec 2023 monthly Feb 2002 - Dec 2023
Indonesia (%) 0.0 May 2023 monthly Jan 2011 - May 2023
Ireland (%) 1.8 Sep 2023 monthly Jan 2006 - Sep 2023
Israel (%) 7.9 Dec 2023 monthly Jan 1998 - Dec 2023
Italy (%) 1.7 Dec 2023 monthly Jan 2001 - Dec 2023
Japan (%) 5.2 Apr 2023 monthly Oct 1992 - Apr 2023
Kazakhstan (%) 5.4 May 2023 monthly Jan 2006 - May 2023
South Korea (%) -0.7 Apr 2023 monthly Jan 1996 - Apr 2023
Kyrgyzstan (%) 10.7 2022 yearly 1990 - 2022
Latvia (%) -2.0 Jan 2024 monthly Jan 2001 - Jan 2024
Lithuania (%) 1,076,267.9 Jan 2024 monthly Jan 1999 - Jan 2024
Luxembourg (%) 2.1 Dec 2023 monthly Jan 2006 - Dec 2023
Macau SAR, China (%) 40.2 Dec 2023 quarterly Mar 2002 - Dec 2023
North Macedonia (%) -4.6 Dec 2023 monthly Jan 2011 - Dec 2023
Malaysia (%) 12.9 Apr 2023 monthly Jan 2014 - Apr 2023
Malta (%) 1.4 Dec 2023 quarterly Mar 2001 - Dec 2023
Mexico (%) 4.6 Apr 2023 monthly Jan 2002 - Apr 2023
Moldova (%) -5.6 Dec 2022 monthly Jan 2011 - Dec 2022
Mongolia (%) -56.3 Dec 2023 quarterly Mar 2012 - Dec 2023
Montenegro (%) 8.5 Apr 2023 monthly Jan 2007 - Apr 2023
Netherlands (%) -4.2 May 2023 monthly Jan 2001 - May 2023
New Zealand (%) 0.3 Dec 2023 quarterly Sep 1996 - Dec 2023
Norway (%) -1.2 Jan 2024 monthly Jan 1980 - Jan 2024
Palestinian Territory (%) -0.2 2018 yearly 2011 - 2018
Peru (%) -2.3 Nov 2023 monthly Jan 2015 - Nov 2023
Poland (%) -1.8 Apr 2023 monthly Jan 2001 - Apr 2023
Portugal (%) 3.1 May 2023 monthly Jan 2001 - May 2023
Qatar (%) 6.9 2021 yearly 1987 - 2021
Romania (%) 5.0 Jan 2024 monthly Jan 2001 - Jan 2024
Russia (%) 9.1 Jan 2024 monthly Jan 1994 - Jan 2024
Serbia (%) -6.2 May 2023 monthly Dec 2004 - May 2023
Singapore (%) 2.8 Jan 2024 monthly Jan 1986 - Jan 2024
Slovakia (%) -4.0 Dec 2023 monthly Jan 2001 - Dec 2023
Slovenia (%) -14.7 Dec 2023 monthly Jan 2001 - Dec 2023
South Africa (%) -1.4 Nov 2023 monthly Jan 2003 - Nov 2023
Spain (%) 3.1 Dec 2023 monthly Jan 2001 - Dec 2023
Sweden (%) -3.9 May 2023 monthly Jan 1991 - May 2023
Switzerland (%) -3.4 Apr 2023 monthly Jan 2001 - Apr 2023
Taiwan (%) 1.7 Feb 2022 monthly Jan 2000 - Feb 2022
Thailand (%) 0.5 Mar 2023 monthly Jan 1996 - Mar 2023
Turkey (%) 13.2 Nov 2023 monthly Jan 2011 - Nov 2023
Ukraine (%) -3.1 Dec 2022 monthly Jan 2008 - Dec 2022
United Kingdom (%) -2.1 May 2023 monthly Jan 1997 - May 2023
United States (%) 1.0 May 2023 monthly Jan 1993 - May 2023
Uzbekistan (%) -4.0 Apr 2023 monthly Jan 2019 - Apr 2023
Venezuela (%) -53.5 Jan 2019 monthly Jan 2005 - Jan 2019
Vietnam (%) 6.8 Feb 2024 monthly Sep 2004 - Feb 2024

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Norway Key Series

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Includes 241 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 (%) 18.7 Sep 2023 quarterly Dec 2002 - Sep 2023
Consolidated Fiscal Balance (USD mn) 21,364.769 Jun 2023 quarterly Mar 2002 - Jun 2023
Tax Revenue (USD mn) 39,706.155 Mar 2023 quarterly Mar 2002 - Mar 2023
Tax Revenue: % of GDP (%) 30.6 Sep 2023 quarterly Mar 2002 - Sep 2023
National Government Debt (USD mn) 211,756.9 2022 yearly 1995 - 2022
Government Debt: % of GDP (%) 36.5 2022 yearly 1995 - 2022
Forecast: Government Expenditure (NOK bn) 2,771.660 2028 yearly 1980 - 2028
Forecast: Government Net Debt (NOK bn) 2,191.300 2028 yearly 1980 - 2028
Forecast: Government Revenue (NOK bn) 3,394.140 2028 yearly 1980 - 2028
General Govt Taxes: GS: Value Added Tax (NOK mn) 370,700.000 2022 yearly 1995 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.315 2028 yearly 1980 - 2028
Trade Balance (USD mn) 7,003.3 Jan 2024 monthly Jan 1957 - Jan 2024
Total Exports (USD mn) 14,758.2 Jan 2024 monthly Jan 1975 - Jan 2024
Total Exports Growth (%) -16.4 Jan 2024 monthly Jan 1976 - Jan 2024
Aluminum: Exports (USD th) 6,135,979.913 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 448,682.646 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 277,185.408 2022 yearly 1995 - 2022
Total Imports (USD mn) 7,754.9 Jan 2024 monthly Jan 1976 - Jan 2024
Total Imports Growth (%) 6.3 Jan 2024 monthly Jan 1977 - Jan 2024
Imports: Medicament (USD th) 1,781,332.513 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,061,381.998 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 340.837 Jan 2024 monthly Jan 1988 - Jan 2024
Total Imports from USA (USD mn) 754.471 Jan 2024 monthly Apr 1963 - Jan 2024
Total Exports to China (USD mn) 379.347 Jan 2024 monthly Mar 1977 - Jan 2024
Total Imports from China (USD mn) 806.633 Jan 2024 monthly Apr 1963 - Jan 2024
Exports: Crude Oil (NOK mn) 43,343.000 Jan 2024 monthly Jan 1974 - Jan 2024
Imports (NOK mn) 80,756.000 Jan 2024 monthly Jan 1976 - Jan 2024
Exports (NOK mn) 153,686.000 Jan 2024 monthly Jan 1975 - Jan 2024
Exports: Netherlands (NOK th) 19,114,512.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: United Kingdom (NOK th) 30,947,347.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Sweden (NOK th) 11,970,557.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: Germany (NOK th) 23,657,519.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: France (NOK th) 8,257,858.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Chemical and Related Product (NOK th) 7,179,489.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Food and Live Animals (NOK th) 13,803,417.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Manufactured Goods (NOK th) 11,118,904.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 105,405,817.000 Jan 2024 monthly Jan 1988 - Jan 2024
Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 9,865,351.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: Denmark (NOK th) 3,751,949.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: China (NOK th) 8,399,951.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: Sweden (NOK th) 9,033,369.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: United Kingdom (NOK th) 2,905,827.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: Germany (NOK th) 7,935,952.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Miscellaneous Manufactured Goods (NOK th) 10,437,444.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Machinery and Transport Equipment (NOK th) 32,237,244.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Chemical and Related Product (NOK th) 9,383,130.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Crude Material and Inedible (NOK th) 4,975,499.000 Jan 2024 monthly Jan 1988 - Jan 2024
Imports: 1-Digit: Manufactured Goods (NOK th) 10,108,520.000 Jan 2024 monthly Jan 1988 - Jan 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 270,940.0 Sep 2023 quarterly Mar 1994 - Sep 2023
Current Account Balance (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
Current Account Balance: % of GDP (%) 16.1 Sep 2023 quarterly Mar 1981 - Sep 2023
Foreign Direct Investment (USD mn) -1,763.3 Jun 2023 quarterly Mar 2005 - Jun 2023
Foreign Direct Investment: % of GDP (%) -0.9 Dec 2022 quarterly Mar 2005 - Dec 2022
Foreign Portfolio Investment (USD mn) 422,791.734 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 368.4 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 126,511.1 Sep 2023 quarterly Mar 2005 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 296,280.678 Sep 2023 quarterly Mar 2005 - Sep 2023
External Debt (USD mn) 737,752.2 Jun 2023 quarterly Mar 2003 - Jun 2023
External Debt: % of GDP (%) 133.0 2022 yearly 2003 - 2022
External Debt: Short Term (USD mn) 320,746.7 Jun 2023 quarterly Mar 2012 - Jun 2023
External Debt: Short Term: % of GDP (%) 57.5 2022 yearly 2012 - 2022
Total Debt: % of GDP (%) 572.8 Sep 2023 quarterly Dec 1995 - Sep 2023
Forecast: Current Account Balance (USD bn) 105.824 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 1,383,663.405 Jun 2023 quarterly Mar 2012 - Jun 2023
BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) 2,838,250.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) 17,838,334.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Assets: Other Investments (NOK mn) 3,336,343.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: Financial Account (FA): Foreign Assets (NOK mn) 24,852,078.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Assets: Reserve Assets (NOK mn) 839,151.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Liabilities (NOK mn) -160,624.000 Jun 2023 quarterly Mar 2005 - Jun 2023
BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) 2,290,121.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) 4,428,983.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: FA: Foreign Liabilities: Other Investments (NOK mn) 3,997,966.000 Sep 2023 quarterly Mar 2005 - Sep 2023
BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 61,807.000 Jun 2023 quarterly Mar 1981 - Jun 2023
BoP: BI: Net Current Transfers (NOK mn) -24,571.000 Jun 2023 quarterly Mar 1981 - Jun 2023
BoP: Current Account Balance (NOK mn) 171,339.000 Jun 2023 quarterly Mar 1981 - Jun 2023
IIP: Foreign Assets (NOK mn) 25,416,092.000 Jun 2023 quarterly Mar 2012 - Jun 2023
IIP: Foreign Liabilities (NOK mn) 10,595,950.000 Jun 2023 quarterly Mar 2012 - Jun 2023
Gross External Debt (NOK mn) 7,901,916.000 Jun 2023 quarterly Mar 2012 - Jun 2023
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) 1,542,388.000 2022 yearly 2004 - 2022
Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 2,508.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 84,769.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 203,949.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 17,239.000 2022 yearly 2004 - 2022
Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 278,938.000 2022 yearly 1998 - 2022
Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
No of Bankruptcies: SIC 2007 (Unit) 1,186.000 Dec 2023 quarterly Mar 2006 - Dec 2023
No of New Registered Enterprises (Unit) 16,192.000 Dec 2023 quarterly Mar 2001 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 2022 yearly 1990 - 2022
Household Debt: % of GDP (%) 88.8 Sep 2023 quarterly Dec 1995 - Sep 2023
Money Supply M1 (USD mn) 256,710.307 Jan 2024 monthly Dec 1992 - Jan 2024
Money Supply M2 (USD mn) 296,449.611 Jan 2024 monthly Dec 1992 - Jan 2024
M2 Growth (%) -1.5 Jan 2024 monthly Dec 1993 - Jan 2024
Reserve Requirement Ratio (%) 3.5 Feb 2024 monthly Oct 2011 - Feb 2024
Foreign Exchange Reserves (USD mn) 71,901.1 Feb 2024 monthly Jan 1999 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 14.217 Dec 2023 quarterly Mar 1999 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 9.8 Feb 2024 monthly Jan 1999 - Feb 2024
Gold Reserves (USD mn) 0.000 Jan 2024 monthly Dec 1959 - Jan 2024
Total Deposits (USD mn) 478,475.795 Jan 2024 monthly May 2009 - Jan 2024
Total Deposits Growth (%) 1.6 Jan 2024 monthly May 2010 - Jan 2024
Domestic Credit (USD mn) 696,201.2 Jan 2024 monthly Dec 1985 - Jan 2024
Domestic Credit Growth (%) 3.6 Jan 2024 monthly Dec 1986 - Jan 2024
Debt Service Ratio: Households (%) 19.500 Sep 2023 quarterly Mar 1999 - Sep 2023
Debt Service Ratio: Private Non-Financial Sector (%) 34.300 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 414.690 Sep 2023 quarterly Mar 1975 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 1,108.913 Sep 2023 quarterly Dec 1953 - Sep 2023
Household Debt (USD mn) 430,059.9 Jun 2023 quarterly Dec 1995 - Jun 2023
Total Loans (USD mn) 776,012.942 Dec 2023 monthly Mar 1996 - Dec 2023
Total Loans Growth (%) 4.56 Dec 2023 monthly Mar 1997 - Dec 2023
Private Debt: % of Nominal GDP (%) 118.19 Dec 2023 quarterly Mar 1996 - Dec 2023
Official Reserve Assets (NOK mn) 840,044.000 Jan 2024 monthly Jan 1999 - Jan 2024
Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 678,926.000 Feb 2024 monthly Jan 1999 - Feb 2024
Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
Loans: Banks (NOK mn) 4,903,619.000 Jan 2024 monthly Jan 1996 - Jan 2024
Non Performing Loans Ratio: Enterprises (%) 0.500 2022 yearly 1990 - 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.9 Jan 2024 monthly Feb 2005 - Jan 2024
Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

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