Norway Norway

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Norway, is a country located at Northern Europe, it has an area of 625,217 Km2.

Norway, with a population of 5,367,580 people, it is one of the least populous country in the world and it has a low population density, 9 people per km2.

It's capital is Oslo and its currency is Norwegian krones

Norway is holding the 35 position by nominal GDP. Its national debt in 2020 was 131,319 millions of euros (149,992 millions of dollars), ( 41.4% debt-to-GDP ratio) and its public debt per capita is 24,465€ euros per inhabitant27,944$ dollars per inhabitant.

The last annual rate of CPI published in Norway was on May of 2021 and it was 2.7%.

In terms of the human development index (HDI) of Norway, which is the index used by the United Nations to measure the progress of a country, was 0.957 points in 2019, leaving it in 1th place in the table of 189 countries published.

If the reason to visit Norway are business, you must know it's in the 7th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Norway, if you want to see information about other countries click here

Oslo: Monthly Temp.
Oslo: Monthly Rainfall
Norway Economy
Gouvernement
Qu. GDP Per Capita [+]2021Q116,815€
Annual GDP [+]2020318,336M.€
Annual GDP [+]2020363,088M.$
GDP per capita [+]202059,180€
GDP per capita [+]202067,645$
Quarterly GDP [+]2021Q190,258M.€
Debt (M.€.) [+]2020131,319
Debt (M.$.) [+]2020149,992
Debt (%GDP) [+]202041.40%
Debt Per Capita [+]202024,465€
Debt Per Capita [+]202027,944$
Deficit (M.€) [+]2020-10,688
Deficit (M.$) [+]2020-12,208
Deficit (%GDP) [+]2020-3.40%
Expenditure (M.€) [+]2020185,508.3
Expenditure (M.$) [+]2020211,887.6
Education Expenditure (M.€) [+]201626,598.0
Education Expenditure (M.$) [+]201629,418.0
Education Expenditure (%Bud.) [+]201615.97%
Gov. Health Exp. (M.€) [+]201932,257.2
Gov. Health Exp.(M.$) [+]199810,567.6
Gov. Health Exp. (%Bud.) [+]201717.88%
Defence Expenditure (M.€) [+]20196,100.6
Defence Expenditure (M.$) [+]20196,792.7
Defence Expenditure (%Bud.) [+]20193.50%
Expenditure (%GDP) [+]202058.40%
Expenditure Per Capita [+]202034,561€
Expenditure Per Capita [+]202039,475$
Education Expenditure P.C [+]20165,080€
Education Expenditure P.C [+]20165,601$
Gov. Health Exp. P.C. [+]20196,054€
Gov. Health Exp. P.C. [+]20176,783$
Defence Expenditure P.C. [+]20191,141€
Defence Expenditure P.C. [+]20191,266$
Moody's Rating [+]06/12/2020Aaa
S&P Rating [+]07/09/1975AAA
Fitch Rating [+]02/28/2020AAA
Corruption Index [+]202084
Competitiveness Ranking [+]201917º
Fragile States Index [+]201818.3
RTI Raking [+]09/28/201876º
Innovation Ranking [+]201819º
Labour
Unemployment Rate [+]November 20205.0%
Unemployment rate [+]2020Q44.6%
Unemployed [+]2020Q4132 m.
Average Wage [+]202058,508€
Average Wage [+]201568,434$
Human Capital Ranking [+]2017
Markets
Euro / Norwegian krones [+]06/22/202110.2198
US Dollar exchange rate [+]06/22/20218.5924
10-Year Bond Yield [+]06/22/20211.49%
Risk Premium [+]06/22/2021165
Stock ExchangeYTD % [+]06/22/202115.44%
Prices
CPI (overall index) [+]May 20212.7%
HICP [+]May 20212.8%
PPI Year on Year [+]May 20219.6%
Money Market
Key rates [+]05/08/20200%
Business
Doing Business [+]2019
IPI Year on Year [+]April 20210.9%
Passengers vehicles Year [+]April 2021151,097
Annual Vehicles/ 1,000 p. [+]April 202135.80
Vehicles / 1,000 people [+]2015610.91
Taxes
Standard VAT [+]01/01/200625.00%
Top tax rate + SSC [+]202046.4%
Trade
Annual arrivals [+]20195,879,000
Exports [+]202073,944.3 M.€
Exports [+]202084,459.1 M.$
Exports % GDP [+]202023.23%
Imports [+]202070,431.7 M.€
Imports [+]202080,447.1 M.$
Imports % GDP [+]202022.12%
Trade balance [+]20203,512.5 M.€
Trade balance [+]20204,012.0 M.$
Trade balance % GDP [+]20201.10%
Retail Sales YoY [+]April 20212.6%
Socio-Demography
Global AgeWatch Ranking [+]2015
Density [+]20199
Global Peace Ranking [+]202017º
Crude divorce rate [+]20191.90‰
Remittance received (M.$) [+]2017614.1
% Immigrant [+]201916.17%
% Emigrant [+]20193.77%
Birth Rate [+]201910.20‰
Remittance sent (M.$) [+]20172,237.9
Crude death rate [+]20197.60‰
Fertility Rate [+]20191.53
Crude marriage rate [+]20194.00‰
% risk of poverty [+]201511.9%
Population [+]20195,367,580
Immigrant stock [+]2019867,765
Emigrant stock [+]2019202,336
HDI [+]20190.957
Gender Gap Ranking [+]2020
Life expectancy [+]202083.30
Suicides [+]2018681
Suicide rate [+]201812.71
Number of homicides [+]201825
Rate Homicides per 100.000 [+]20180.47
Energy and Environment
CO2 Tons per capita [+]20198.89
Annual crude oil production [+]20201,713
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2019124,127
Generation GWh [+]2019131,882
Others
COVID-19 - Deaths [+]06/21/2021790
COVID-19 - Confirmed [+]06/21/2021129,545
Fully vaccinated [+]06/22/20211,456,471
COVID-19 - Deaths per million population [+]06/21/2021147.18
Doses administered [+]06/22/20213,656,791