The Norwegian Ministry of Finance expects non-oil GDP growth of 2.0% in 2025, lower than the 2.3% forecast in October. Non-oil GDP growth is expected to be 2.2% in 2026, higher than the 2.1% forecast in October. The unemployment rate is expected to be 2.1% in 2025, lower than the 2.2% forecast in October; the unemployment rate will remain unchanged at 2.1% in 2026. The Norwegian finance minister said that although inflation fluctuates from month to month, the overall trend is declining, while the unemployment rate remains low. ⑤ Fiscal policy will lay the foundation for a further decline in inflation, an increase in household purchasing power, and an increase in corporate competitiveness.

The Norwegian Ministry of Finance expects non-oil GDP growth of 2.0% in 2025, lower than the 2.3% forecast in October. Non-oil GDP growth is expected to be 2.2% in 2026, higher than the 2.1% forecast in October. The unemployment rate is expected to be 2.1% in 2025, lower than the 2.2% forecast in October; the unemployment rate will remain unchanged at 2.1% in 2026. The Norwegian finance minister said that although inflation fluctuates from month to month, the overall trend is declining, while the unemployment rate remains low. ⑤ Fiscal policy will lay the foundation for a further decline in inflation, an increase in household purchasing power, and an increase in corporate competitiveness.