Norway's mainland economy, which excludes volatile oil and gas output, grew 0.3% in the second quarter of 2026, undershooting economist expectations of a 0.4% increase.
The data, released by Statistics Norway on August 27, 2026, reflects a modest expansion from the first quarter. The agency's figures are closely watched as the primary gauge of the country's underlying economic performance.
Following the release, the Norwegian krone held steady at 10.89 per euro, indicating limited immediate market reaction to the data.
Mainland GDP serves as a key indicator for policymakers and analysts by focusing on non-oil sectors such as manufacturing, services, and construction, which are less susceptible to price swings in energy markets.
