Oil reserves, annual growth rate in Norway
Norway: Oil reserves, annual growth rate was -1.18 % change on previous year in 2021. ◆ Volatile
Oil reserves, annual growth rate in Norway, 1981–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2021, oil reserves, annual growth rate in Norway stood at -1.18 % change on previous year.
That represents a change of down 155.3% on the previous year and up 92.2% over ten years.
Over the whole period, oil reserves, annual growth rate in Norway peaked at 40.95 % change on previous year in 1988 and was at its lowest, -34.1 % change on previous year, in 1991.
That places Norway 82nd out of 99 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, annual growth rate in Norway, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -4.35 % change on previous year | — |
| 1982 | 38.55 % change on previous year | -986.5% |
| 1983 | -10.76 % change on previous year | -127.9% |
| 1984 | 12.65 % change on previous year | -217.5% |
| 1985 | 8.35 % change on previous year | -33.9% |
| 1986 | 31.33 % change on previous year | +274.9% |
| 1987 | -3.67 % change on previous year | -111.7% |
| 1988 | 40.95 % change on previous year | -1216.0% |
| 1989 | -29.49 % change on previous year | -172.0% |
| 1990 | 10.65 % change on previous year | -136.1% |
| 1991 | -34.1 % change on previous year | -420.2% |
| 1992 | 0 % change on previous year | -100.0% |
| 1993 | 15.72 % change on previous year | — |
| 1994 | 5.43 % change on previous year | -65.5% |
| 1995 | 1.42 % change on previous year | -73.8% |
| 1996 | -10.55 % change on previous year | -841.8% |
| 1997 | 33.38 % change on previous year | -416.3% |
| 1998 | -7.22 % change on previous year | -121.6% |
| 1999 | 4.71 % change on previous year | -165.2% |
| 2000 | -1.15 % change on previous year | -124.5% |
| 2001 | -12.42 % change on previous year | +977.4% |
| 2002 | 0 % change on previous year | -100.0% |
| 2003 | 8.66 % change on previous year | — |
| 2004 | 1.78 % change on previous year | -79.5% |
| 2005 | -18.64 % change on previous year | -1149.0% |
| 2006 | -9.35 % change on previous year | -49.8% |
| 2007 | 1.87 % change on previous year | -120.0% |
| 2008 | -12.54 % change on previous year | -769.4% |
| 2009 | -2.7 % change on previous year | -78.5% |
| 2010 | 0 % change on previous year | -100.0% |
| 2011 | -15.12 % change on previous year | — |
| 2012 | -6.17 % change on previous year | -59.2% |
| 2013 | 0.8647 % change on previous year | -114.0% |
| 2014 | 8.55 % change on previous year | +889.2% |
| 2015 | -5.63 % change on previous year | -165.8% |
| 2016 | -6.52 % change on previous year | +15.9% |
| 2017 | 28.64 % change on previous year | -539.2% |
| 2018 | 16.74 % change on previous year | -41.6% |
| 2019 | 4.28 % change on previous year | -74.4% |
| 2020 | 2.14 % change on previous year | -50.0% |
| 2021 | -1.18 % change on previous year | -155.3% |
Biggest year-on-year movements
Years where Oil reserves, annual growth rate in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +1216.0% | -3.67 % change on previous year | 40.95 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.28 % change on previous year | -29.49 % change on previous year | 40.95 % change on previous year | 9 |
| 1990s | 1.94 % change on previous year | -34.1 % change on previous year | 33.38 % change on previous year | 10 |
| 2000s | -4.45 % change on previous year | -18.64 % change on previous year | 8.66 % change on previous year | 10 |
| 2010s | 2.56 % change on previous year | -15.12 % change on previous year | 28.64 % change on previous year | 10 |
| 2020s | 0.4781 % change on previous year | -1.18 % change on previous year | 2.14 % change on previous year | 2 |
Countries ranked near Norway
More energy & mining data for Norway
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate 2.48 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fuel imports 5.2% (2025)
Frequently asked questions
- What is oil reserves, annual growth rate in Norway?
- Oil reserves, annual growth rate in Norway was -1.18 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest oil reserves, annual growth rate recorded in Norway?
- The highest recorded value was 40.95 % change on previous year in 1988.
- What is the lowest oil reserves, annual growth rate recorded in Norway?
- The lowest recorded value was -34.1 % change on previous year in 1991.
- How does Norway rank for oil reserves, annual growth rate?
- Norway ranks 82nd out of 99 countries with data for 2021.
- Is oil reserves, annual growth rate rising or falling in Norway?
- Over the last ten years it is up 92.2%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Oil reserves. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Oil reserves. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.