Norway : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook


$88.47 billion (2011 est.)
$74.3 billion (2010 est.)


$162.4 billion (2011 est.)
$132.7 billion (2010 est.)

Inflation rate (consumer prices)

1.3% (2011 est.)
2.4% (2010 est.)

Unemployment rate

3.3% (2011 est.)
3.6% (2010 est.)

GDP - per capita (PPP)

$54,200 (2011 est.)
$54,000 (2010 est.)
$54,300 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

1.5% (2010 est.)
-1.4% (2009 est.)
1.8% (2008 est.)

Internet users

4.431 million (2009)

Telephones - mobile cellular

5.525 million (2009)

Population growth rate

0.327% (2012 est.)


4,707,270 (July 2012 est.)

Historical background

Two centuries of Viking raids into Europe tapered off following the adoption of Christianity by King Olav TRYGGVASON in 994.

Conversion of the Norwegian kingdom occurred over the next several decades.

In 1397, Norway was absorbed into a union with Denmark that lasted more than four centuries.

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Economic overview

The Norwegian economy is a prosperous bastion of welfare capitalism, featuring a combination of free market activity and government intervention.

The government controls key areas, such as the vital petroleum sector, through large-scale state-majority-owned enterprises.

The country is richly endowed with natural resources - petroleum, hydropower, fish, forests, and minerals - and is highly dependent on the petroleum sector, which accounts for nearly half of exports and over 30% of state revenue.

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The Economist Intelligence Unit

Country Forecast Norway November 2014 Updater

Country Forecast Norway November 2014 Updater

  • $ 635
  • Country report
  • November 2014
  • by The Economist Intelligence Unit

The ruling right-of-centre minority government, which comprises the Conservatives and the Progress Party, will receive parliamentary support from two smaller centrist parties, the Liberals and the Christian ...

  • Countries : Norway

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 882
  • Country report
  • October 2014
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Saudi Arabia, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Ivory Coast (cote D'ivoire), Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran

Oxford Economics

By Country Industry Forecasts > Norway

By Country Industry Forecasts > Norway

  • $ 250
  • Country report
  • March 2014
  • by Oxford Economics

Norway: Key Features  Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up ...

  • Countries : Norway

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