Country comparison Norway vs South Korea

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Gouvernement
GDP Growth (%) [+]20242.1%chart2.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q220,508Kchart7,925K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€446,866Mchart€1,733,173M2024Annual GDP [+]
Annual GDP [+]2024$483,593Mchart$1,875,388M2024Annual GDP [+]
GDP per capita [+]2024€80,200chart€33,4912024GDP per capita [+]
GDP per capita [+]2024$86,587chart$36,2392024GDP per capita [+]
Quarterly GDP [+]2025Q3€116,770Mchart€410,129M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2023197,049chart863,3802024Debt (M.€.) [+]
Debt ($M) [+]2023213,124chart934,2252024Debt ($M) [+]
Debt (%GDP) [+]202344.13%chart49.82%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€35,503chart€16,6832024Debt Per Capita [+]
Debt Per Capita [+]2023$38,399chart$18,0522024Debt Per Capita [+]
Deficit (M.€) [+]202458,964chart-13,5742024Deficit (M.€) [+]
Deficit ($M) [+]202463,179chart-14,6882024Deficit ($M) [+]
Deficit (%GDP) [+]202413.20%chart-0.78%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024221,049.9chart390,542.82024Expenditure (M.€) [+]
Expenditure ($M) [+]2024238,626.7chart422,588.72024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202230,960.3chart99,274.82022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202232,392.9chart97,329.32022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202214.47%chart14.31%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202437,248,508,861.0chart67,778,041,283.72024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202339,211.5chart91,829.82024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202317.37%chart15.50%2024Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20249,345.0chart44,404.82024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202410,113.1chart48,048.42024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.53%chart11.32%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202449.50%chart22.53%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€39,409chart€7,5472024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$42,655chart$8,1662024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€5,674chart€1,9212022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$5,942chart$1,8842022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,711chart€1,6742024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$7,144chart$1,7762024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,677chart€8582024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$1,811chart$9282024Defence Expenditure P.C. [+]
Moody's Rating [+]06/07/2024AaaAa205/09/2024Moody's Rating [+]
S&P Rating [+]07/09/1975AAAAA08/07/2016S&P Rating [+]
Fitch Rating [+]02/28/2020AAAAA-02/11/2020Fitch Rating [+]
Corruption Index [+]202384chart632023Corruption Index [+]
Competitiveness Ranking [+]201917ºchart13º2019Competitiveness Ranking [+]
Fragile States Index [+]202412.7chart29.82024Fragile States Index [+]
RTI Raking [+]202486ºchart45º2024RTI Raking [+]
Innovation Ranking [+]202421ºchart6º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20254.5%
Unemployment rate [+]2025Q34.6%chart2.8%2024Q4Unemployment rate [+]
Unemployed [+]2025Q3141Kchart814K2024Q4Unemployed [+]
$1,418.52025NMW [+]
€1,368.22025NMW [+]
Average Wage [+]2024$71,085chart$37,2292015Average Wage [+]
Average Wage [+]2024€65,675chart€32,2082024Average Wage [+]
Human Capital Ranking [+]20171ºchart27º2017Human Capital Ranking [+]
Markets
Euro / Norwegian krones [+]01/23/202611.5420chart1,723.200001/23/2026Euro / South Korean won [+]
US Dollar exchange rate [+]01/21/20269.9127chart1,472.800001/22/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]01/23/20264.24%
Risk Premium [+]01/23/2026133
Stock ExchangeYTD % [+]01/23/20262.70%chart18.41%01/23/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20234.8%chart3.1%March 2024CPI (overall index) [+]
HICP [+]December 20253.0%
PPI Year on Year [+]December 20251.0%
Money Market
Key rates [+]09/19/20254.00%chart2.50%05/29/2025Key rates [+]
Business
Doing Business [+]20209ºchart5º2020Doing Business [+]
IPI Year on Year [+]November 20252.0%
Passengers vehicles Year [+]December 2024252,252chart1,489,363December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202238.26chart33.84December 2023Annual Vehicles/ 1,000 p. [+]
4,243,5972023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021634.33chart457.802020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202440.6%chart28.9%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200625.00%chart10.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202247.4%chart51.9%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20224,979,400chart17,502,7562019Annual arrivals [+]
Exports [+]2024€154,449.8Mchart€584,690.5M2023Exports [+]
Exports [+]2024$167,173.4Mchart$632,225.8M2023Exports [+]
Exports % GDP [+]202434.56%chart34.28%2023Exports % GDP [+]
Imports [+]2024€91,038.5Mchart€594,258.9M2023Imports [+]
Imports [+]2024$98,538.3Mchart$642,572.1M2023Imports [+]
Imports % GDP [+]202420.37%chart34.84%2023Imports % GDP [+]
Trade balance [+]2024€63,411.3Mchart€-9,568.4M2023Trade balance [+]
Trade balance [+]2024$68,635.1Mchart$-10,346.3M2023Trade balance [+]
Trade balance % GDP [+]202414.19%chart-0.56%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20255.1%
Socio-Demography
Global AgeWatch Ranking [+]20152ºchart60º2015Global AgeWatch Ranking [+]
Density [+]20249chart5152024Density [+]
Global Peace Ranking [+]202428ºchart46º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.80‰chart1.80‰2024Crude divorce rate [+]
Remittance received ($M) [+]2017614.1chart6,331.82017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart3.33%2020% Immigrant [+]
% Emigrant [+]20203.55%chart4.25%2020% Emigrant [+]
Birth Rate [+]20249.70‰chart4.70‰2024Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart5,989.12017Remittance sent ($M) [+]
Crude death rate [+]20247.90‰chart7.00‰2024Crude death rate [+]
Fertility Rate [+]20231.40chart0.752024Fertility Rate [+]
Crude marriage rate [+]20203.30‰chart4.40‰2024Crude marriage rate [+]
% risk of poverty [+]202411.6%
Population [+]20245,594,340chart51,751,0002024Population [+]
Immigrant stock [+]2020852,238chart1,728,1822020Immigrant stock [+]
Emigrant stock [+]2020191,392chart2,204,5542020Emigrant stock [+]
HDI [+]20220.966chart0.9292022HDI [+]
Gender Gap Ranking [+]20243ºchart94º2024Gender Gap Ranking [+]
Life expectancy [+]202483.30chart83.702024Life expectancy [+]
Suicides [+]2023728chart12,9062022Suicides [+]
Suicide rate [+]202313.12chart25.002022Suicide rate [+]
Number of homicides [+]202340chart2472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.72chart0.482023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.86chart11.042023CO2 Tons per capita [+]
Annual crude oil production [+]20241,791
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2023127,324chart564,1832023Consumption GWh [+]
Generation GWh [+]2023152,095chart583,8712023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20255,732chart35,93412/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20251,548,649chart34,571,87312/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/20234,061,312chart44,372,67905/26/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20251,024.61chart694.3612/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/202313,020,641chart129,647,78412/12/2022Doses administered [+]
Norway
South Korea