FX.co ★ Norway’s Mainland GDP Growth Picks Up to 0.3% in Q2, Tripling Prior Quarter’s Pace

Norway’s mainland economy strengthened in the second quarter of 2026, with GDP Mainland rising 0.3% quarter-over-quarter, up from a modest 0.1% in the previous quarter. The latest data, updated on 27 August 2026, indicate a gradual but notable improvement in activity excluding the petroleum and shipping sectors.

The comparison is made on a quarter-over-quarter basis, meaning the current 0.3% figure reflects growth in the second quarter of 2026 relative to the first quarter, while the earlier 0.1% reading captured the change from the fourth quarter of the prior period to the first quarter of 2026. The acceleration suggests that momentum in Norway’s mainland economy has improved, albeit from a low base, pointing to a cautiously firmer growth trend heading into the second half of the year.