Output gap measured as a difference between actual and potential gdp growth reached 0.130% in 2014 in Norway, according to the National Statistical Office. This is 133% more than in the previous year.
Historically, output gap measured as a difference between actual and potential GDP growth in Norway reached an all time high of 4.40% in 1986 and an all time low of -3.02% in 1991.
Norway has been ranked 4th within the group of 34 countries we follow in terms of output gap measured as a difference between actual and potential GDP growth.
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