CPI

3.2%

-0.2

CPI

1.3%

0.5

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

  1. Countries data: Demographic and economy

Country comparison Norway vs Barbados

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Standard VAT Rate Norway vs Barbados comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q420,093K
Annual GDP [+]2023€448,904Mchart€5,394M2022Annual GDP [+]
Annual GDP [+]2023$485,400Mchart$5,685M2022Annual GDP [+]
GDP per capita [+]2023€81,000chart€19,1832022GDP per capita [+]
GDP per capita [+]2023$88,432chart$20,2172022GDP per capita [+]
Quarterly GDP [+]2023Q4€110,290M
Debt (M.€.) [+]2022204,093chart6,9412022Debt (M.€.) [+]
Debt ($M) [+]2022215,089chart7,0472022Debt ($M) [+]
Debt (%GDP) [+]202237.12%chart117.88%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€37,182chart€24,6852022Debt Per Capita [+]
Debt Per Capita [+]2022$39,186chart$25,0622022Debt Per Capita [+]
Deficit (M.€) [+]2022144,437chart-1162022Deficit (M.€) [+]
Deficit ($M) [+]2022146,855chart-1892022Deficit ($M) [+]
Deficit (%GDP) [+]202225.60%chart-3.16%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2022216,572.0chart1,797.02022Expenditure (M.€) [+]
Expenditure ($M) [+]2022223,179.0chart1,956.82022Expenditure ($M) [+]
Education Expenditure (M.€) [+]201828,486.4chart264.12021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201833,404.8chart312.62021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201815.92%chart16.58%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202237,286,216,122.6chart132.12017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]199810,567,578,428.2chart149.22017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201717.88%chart9.08%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20229,253.2
Defence Expenditure ($M) [+]20229,489.0
Defence Expenditure (%Bud.) [+]20223.78%
Expenditure (%GDP) [+]202238.40%chart32.74%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€39,456chart€6,3912022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$40,659chart$6,9592022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€5,362chart€9392021Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$6,274chart$1,1122021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€6,873chart€4632017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2017$6,783chart$5232017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€1,696
Defence Expenditure P.C. [+]2022$1,733
Moody's Rating [+]05/06/2022AaaB308/03/2023Moody's Rating [+]
S&P Rating [+]07/09/1975AAAB-10/26/2023S&P Rating [+]
Fitch Rating [+]02/28/2020AAA
Corruption Index [+]202284chart652022Corruption Index [+]
Competitiveness Ranking [+]201917ºchart77º2019Competitiveness Ranking [+]
Fragile States Index [+]201818.3chart48.22018Fragile States Index [+]
RTI Raking [+]202281º
Innovation Ranking [+]201819ºchart37º2015Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20243.6%
Unemployment rate [+]2023Q43.5%chart11.9%2015Q2Unemployment rate [+]
Unemployed [+]2023Q4106Kchart17K2015Q2Unemployed [+]
$736.72022NMW [+]
Average Wage [+]2022$69,430
Average Wage [+]2022€65,935
Human Capital Ranking [+]20171ºchart79º2017Human Capital Ranking [+]
Markets
Euro / Norwegian krones [+]04/17/202411.6960
US Dollar exchange rate [+]04/15/202410.9103
10-Year Bond Yield [+]04/18/20243.79%
Risk Premium [+]04/18/2024135
Stock ExchangeYTD % [+]04/17/20243.15%
Prices
CPI (overall index) [+]December 20234.8%
HICP [+]March 20243.6%
PPI Year on Year [+]March 20242.8%
Money Market
Key rates [+]12/15/20234.50%
Business
Doing Business [+]20209ºchart128º2020Doing Business [+]
IPI Year on Year [+]February 20241.9%
Passengers vehicles Year [+]December 2022174,329
Annual Vehicles/ 1,000 p. [+]December 202238.26
Vehicles / 1,000 people [+]2021634.33chart387.322015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202243.6%chart31.9%2021Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200625.00%chart17.50%01/01/2011Standard VAT [+]
Top tax rate + SSC [+]202247.4%chart28.5%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20195,879,000chart680,0002018Annual arrivals [+]
Exports [+]2023€164,256.8Mchart€287.2M2021Exports [+]
Exports [+]2023$177,610.9Mchart$339.6M2021Exports [+]
Exports % GDP [+]202336.59%chart7.02%2021Exports % GDP [+]
Imports [+]2023€89,425.4Mchart€1,362.7M2021Imports [+]
Imports [+]2023$96,695.7Mchart$1,611.7M2021Imports [+]
Imports % GDP [+]202319.92%chart33.30%2021Imports % GDP [+]
Trade balance [+]2023€74,831.4Mchart€-1,075.6M2021Trade balance [+]
Trade balance [+]2023$80,915.2Mchart$-1,272.1M2021Trade balance [+]
Trade balance % GDP [+]202316.67%chart-26.28%2021Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-3.9%
Socio-Demography
Global AgeWatch Ranking [+]20152º
Density [+]20229chart6542021Density [+]
Global Peace Ranking [+]202324ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20201.80‰
Remittance received ($M) [+]2017614.1chart111.72017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart12.11%2020% Immigrant [+]
% Emigrant [+]20203.55%chart34.59%2020% Emigrant [+]
Birth Rate [+]20229.40‰chart10.83‰2021Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart20.12017Remittance sent ($M) [+]
Crude death rate [+]20228.40‰chart9.01‰2021Crude death rate [+]
Fertility Rate [+]20221.41chart1.632021Fertility Rate [+]
Crude marriage rate [+]20203.30‰
% risk of poverty [+]202212.2%
Population [+]20225,488,984chart281,2002021Population [+]
Immigrant stock [+]2020852,238chart34,8692020Immigrant stock [+]
Emigrant stock [+]2020191,392chart99,6112020Emigrant stock [+]
HDI [+]20210.961chart0.7902021HDI [+]
Gender Gap Ranking [+]20232ºchart31º2023Gender Gap Ranking [+]
Life expectancy [+]202282.50chart77.572021Life expectancy [+]
Suicides [+]2021657chart12015Suicides [+]
Suicide rate [+]202111.93chart0.422015Suicide rate [+]
Number of homicides [+]202230chart432022Number of homicides [+]
Rate Homicides per 100.000 [+]20220.55chart15.272022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20217.70chart6.132021CO2 Tons per capita [+]
Annual crude oil production [+]20221,704chart12022Annual crude oil production [+]
Crude Oil Reserves [+]20218,122.2chart2.02021Crude Oil Reserves [+]
Consumption GWh [+]2021130,843chart1,0062021Consumption GWh [+]
Generation GWh [+]2021157,503chart1,0712021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/31/20245,732chart59303/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/20241,507,196chart110,58003/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/13/20224,054,726chart155,04509/22/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/31/20241,044.27chart2,108.8203/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/13/202212,145,560chart381,74309/22/2023Doses administered [+]
Norway
Barbados