FX.co ★ Norway’s Mainland GDP Growth Cools to 0.2% in Q1 2026, Half the Pace of Late 2025

Growth in Norway’s mainland economy slowed in the first quarter of 2026, with quarter‑on‑quarter GDP Mainland expanding by 0.2%, down from 0.4% in the fourth quarter of 2025. The latest figures, updated on 28 May 2026, point to a moderation in momentum after a stronger finish to last year.

On a quarter‑over‑quarter basis, the current reading compares the first quarter of 2026 with the previous quarter, while the earlier 0.4% figure reflected the change from the third to the fourth quarter of 2025. The deceleration suggests that activity in the non‑oil mainland economy is still growing but at a slower pace, which may influence expectations for domestic demand and policy in the months ahead.