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Economy, jobs and prices in Svalbard (Svalbard og Jan Mayen, Norway): official figures

The local economy produced €191.28 million of output (GDP) in 2021.

People in work
1,000
2021

How many people work in Svalbard?

About 1,000 people worked in Svalbard in 2021 (employment by place of work).

Source: Eurostat · saved copy

What is the main industry in Svalbard?

The largest part of the economy of Svalbard in 2021 was trade, transport, hospitality and communications, at 38.6% of gross value added, followed by public administration, education, health and other services (25.9%).

Source: Eurostat · saved copy

How fast is the economy of Svalbard growing?

Gross value added rose from €0.1 billion in 2015 to €0.2 billion in 2021 in current prices, an increase of 17% before inflation.

Source: Eurostat · saved copy

Are jobs growing in Svalbard?

The number of people working in Svalbard rose by 0.0% between 2015 and 2021, to 1,000.

Source: Eurostat · saved copy

How Svalbard compares with other counties in Norway

Share of output from finance, property and business services (2021)

Svalbard ranks 9 of 9, highest first.

RankAreaShare of output from finance, property and business services
3Vestland20.5%
4Møre og Romsdal18.3%
5Rogaland18.3%
6Agder17.9%
7Innlandet16.6%
8Nordland/Nordlánnda14.8%
9Svalbard9.5%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2021)

Svalbard ranks 8 of 9, highest first.

RankAreaShare of output from public administration, education, health and other services
3Trøndelag/Trööndelage33.6%
4Agder31.7%
5Vestland31.2%
6Møre og Romsdal28.7%
7Oslo26.8%
8Svalbard25.9%
9Rogaland22.7%
Source: Eurostat · saved copy

More on Svalbard: overview · Svalbard og Jan Mayen · Norway

Sources

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