Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

CPI

3.2%

0.4

Rate

70.00%

-10.00

CPI

3.5%

0.3

CPI

4.4%

0.0

  1. Countries data: Demographic and economy

Country comparison Norway vs Romania

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Global Competitiveness Ranking Norway vs Romania comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q420,093Kchart4,392K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€448,904Mchart€324,578M2023Annual GDP [+]
Annual GDP [+]2023$485,400Mchart$349,433M2023Annual GDP [+]
GDP per capita [+]2023€81,000chart€17,0302023GDP per capita [+]
GDP per capita [+]2023$88,432chart$18,3392023GDP per capita [+]
Quarterly GDP [+]2023Q4€110,290Mchart€84,657M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]2022204,093chart134,4692022Debt (M.€.) [+]
Debt ($M) [+]2022215,089chart152,0822022Debt ($M) [+]
Debt (%GDP) [+]202237.12%chart47.20%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€37,182chart€7,0572022Debt Per Capita [+]
Debt Per Capita [+]2022$39,186chart$7,9812022Debt Per Capita [+]
Deficit (M.€) [+]2022144,437chart-17,8902022Deficit (M.€) [+]
Deficit ($M) [+]2022146,855chart-17,4042022Deficit ($M) [+]
Deficit (%GDP) [+]202225.60%chart-6.30%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2022216,572.0chart114,309.02022Expenditure (M.€) [+]
Expenditure ($M) [+]2022223,179.0chart110,930.92022Expenditure ($M) [+]
Education Expenditure (M.€) [+]201828,486.4chart6,892.62018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201833,618.0chart8,144.42018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201815.92%chart10.46%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202237,286,216,122.6chart12,244,862,338.72021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]199810,567,578,428.2chart11,536.62019Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201717.88%chart12.05%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20229,253.2chart4,917.82022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20229,489.0chart5,213.72022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.78%chart4.97%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202238.40%chart40.20%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€39,456chart€5,9992022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$40,659chart$5,8222022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€5,362chart€3542018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$6,314chart$4172018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€6,873chart€6402021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2017$6,783chart$5962019Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€1,696chart€2582022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$1,733chart$2742022Defence Expenditure P.C. [+]
Moody's Rating [+]05/06/2022AaaBaa311/03/2023Moody's Rating [+]
S&P Rating [+]07/09/1975AAABBB-04/16/2021S&P Rating [+]
Fitch Rating [+]02/28/2020AAABBB-05/01/2020Fitch Rating [+]
Corruption Index [+]202284chart462022Corruption Index [+]
Competitiveness Ranking [+]201917ºchart51º2019Competitiveness Ranking [+]
Fragile States Index [+]201818.3chart49.42018Fragile States Index [+]
RTI Raking [+]202281ºchart67º2022RTI Raking [+]
Innovation Ranking [+]201819ºchart49º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20243.6%chart5.6%February 2024Unemployment Rate [+]
Unemployment rate [+]2023Q43.5%chart5.8%2023Q4Unemployment rate [+]
Unemployed [+]2023Q4106Kchart476K2023Q4Unemployed [+]
$734.02024NMW [+]
€663.22024NMW [+]
Average Wage [+]2022$69,430chart$14,9332022Average Wage [+]
Average Wage [+]2022€65,935chart€14,1812022Average Wage [+]
Human Capital Ranking [+]20171ºchart42º2017Human Capital Ranking [+]
Markets
Euro / Norwegian krones [+]04/15/202411.6260chart4.973704/15/2024Euro / Romanian new lei [+]
US Dollar exchange rate [+]04/12/202410.8883chart4.666404/15/2024US Dollar exchange rate [+]
10-Year Bond Yield [+]04/16/20243.84%
Risk Premium [+]04/16/2024138
Stock ExchangeYTD % [+]04/15/20244.23%chart44.75%04/12/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20234.8%chart6.6%March 2024CPI (overall index) [+]
HICP [+]February 20244.4%chart7.1%February 2024HICP [+]
PPI Year on Year [+]March 20242.8%chart-9.0%February 2024PPI Year on Year [+]
Money Market
Key rates [+]12/15/20234.50%chart7.00%01/11/2023Key rates [+]
Business
Doing Business [+]20209ºchart55º2020Doing Business [+]
IPI Year on Year [+]February 20241.9%chart-2.0%February 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 2022174,329chart129,328December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202238.26chart7.91December 2022Annual Vehicles/ 1,000 p. [+]
509,4652022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021634.33chart464.932021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202243.6%chart27.4%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200625.00%chart20.00%01/01/2016Standard VAT [+]
Top tax rate + SSC [+]202247.4%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20195,879,000chart2,683,7482019Annual arrivals [+]
Exports [+]2023€164,256.8Mchart€93,074.7M2023Exports [+]
Exports [+]2023$177,610.9Mchart$100,641.7M2023Exports [+]
Exports % GDP [+]202336.59%chart28.80%2023Exports % GDP [+]
Imports [+]2023€89,425.4Mchart€122,016.0M2023Imports [+]
Imports [+]2023$96,695.7Mchart$131,935.9M2023Imports [+]
Imports % GDP [+]202319.92%chart37.76%2023Imports % GDP [+]
Trade balance [+]2023€74,831.4Mchart€-28,941.3M2023Trade balance [+]
Trade balance [+]2023$80,915.2Mchart$-31,294.2M2023Trade balance [+]
Trade balance % GDP [+]202316.67%chart-8.96%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-3.9%chart3.0%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20152ºchart45º2015Global AgeWatch Ranking [+]
Density [+]20229chart802022Density [+]
Global Peace Ranking [+]202324ºchart31º2023Global Peace Ranking [+]
Crude divorce rate [+]20201.80‰chart1.20‰2022Crude divorce rate [+]
Remittance received ($M) [+]2017614.1chart4,943.62017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart3.67%2020% Immigrant [+]
% Emigrant [+]20203.55%chart20.76%2020% Emigrant [+]
Birth Rate [+]20229.40‰chart9.40‰2022Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart590.72017Remittance sent ($M) [+]
Crude death rate [+]20228.40‰chart14.30‰2022Crude death rate [+]
Fertility Rate [+]20221.41chart1.712022Fertility Rate [+]
Crude marriage rate [+]20203.30‰chart6.20‰2022Crude marriage rate [+]
% risk of poverty [+]202212.2%chart21.1%2023% risk of poverty [+]
Population [+]20225,488,984chart19,054,5482022Population [+]
Immigrant stock [+]2020852,238chart705,3102020Immigrant stock [+]
Emigrant stock [+]2020191,392chart3,987,0932020Emigrant stock [+]
HDI [+]20210.961chart0.8212021HDI [+]
Gender Gap Ranking [+]20232ºchart88º2023Gender Gap Ranking [+]
Life expectancy [+]202282.50chart75.102022Life expectancy [+]
Suicides [+]2021657chart1,7832021Suicides [+]
Suicide rate [+]202111.93chart9.402021Suicide rate [+]
Number of homicides [+]202230chart2472022Number of homicides [+]
Rate Homicides per 100.000 [+]20220.55chart1.262022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20217.70chart4.082021CO2 Tons per capita [+]
Annual crude oil production [+]20221,704chart622022Annual crude oil production [+]
Crude Oil Reserves [+]20218,122.2chart600.02021Crude Oil Reserves [+]
Consumption GWh [+]2021130,843chart50,5272021Consumption GWh [+]
Generation GWh [+]2021157,503chart55,0192021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/31/20245,732chart68,70803/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/20241,507,196chart3,526,33903/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/13/20224,054,726chart8,114,76906/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/31/20241,044.27chart3,605.8603/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/13/202212,145,560chart16,827,48606/11/2022Doses administered [+]
Norway
Romania