FX.co ★ Norway’s Economy Rebounds as Q1 2026 GDP Grows 0.4% Quarter-on-Quarter

Norway’s gross domestic product returned to growth in the first quarter of 2026, rising 0.4% quarter-on-quarter after contracting 0.3% in the final quarter of 2025. The latest data, updated on 28 May 2026, signal a clear improvement in short-term momentum for the Norwegian economy.

The comparison is made on a quarter-on-quarter basis, with the current figure reflecting the change from the fourth quarter of 2025 to the first quarter of 2026. The previous reading captured the change from the third quarter to the fourth quarter of 2025. The shift from negative to positive growth suggests that the earlier downturn at the end of 2025 has given way to a modest recovery at the start of 2026.

While the data do not provide a sector breakdown, the headline turnaround in GDP points to stabilising conditions and may influence expectations for policy and investment decisions in the months ahead.