Norway, is a country located at Northern Europe, it has an area of 624,500 Km2.

Norway, with a population of 5,550,217 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 33 position by nominal GDP. Its national debt in 2023 was 197,416 millions of euros (213,521 millions of dollars), ( 44.21% debt-to-GDP ratio) and its public debt per capita is €35,569 euros per inhabitant$38,471 dollars per inhabitant.

The last annual rate of CPI published in Norway was on December of 2023 and it was 4.8%.

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 0.966 points in 2022, leaving it in 2th place in the table of 193 countries published.

If the reason to visit Norway are business, you must know it's in the 9th 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 [+]2024Q420,019K
Annual GDP [+]2024€446,991M
Annual GDP [+]2024$483,727M
GDP per capita [+]2024€80,220
GDP per capita [+]2024$86,611
Quarterly GDP [+]2024Q4€111,109M
Debt (M.€.) [+]2023197,416
Debt ($M) [+]2023213,521
Debt (%GDP) [+]202344.21%
Debt Per Capita [+]2023€35,569
Debt Per Capita [+]2023$38,471
Deficit (M.€) [+]202459,128
Deficit ($M) [+]202463,999
Deficit (%GDP) [+]202413.20%
Expenditure (M.€) [+]2024220,375.1
Expenditure ($M) [+]2024238,529.6
Education Expenditure (M.€) [+]202222,528.5
Education Expenditure ($M) [+]202223,673.0
Education Expenditure (%Bud.) [+]202210.12%
Gov. Health Exp. (M.€) [+]202335,701,432,935.4
Gov. Health Exp.($M) [+]202240,405.5
Gov. Health Exp. (%Bud.) [+]202217.75%
Defence Expenditure (M.€) [+]20237,177.1
Defence Expenditure ($M) [+]20237,762.4
Defence Expenditure (%Bud.) [+]20234.00%
Expenditure (%GDP) [+]202449.30%
Expenditure Per Capita [+]2024€39,706
Expenditure Per Capita [+]2024$42,977
Education Expenditure P.C [+]2022€4,128
Education Expenditure P.C [+]2022$4,324
Gov. Health Exp. P.C. [+]2023€6,504
Gov. Health Exp. P.C. [+]2022$7,448
Defence Expenditure P.C. [+]2023€1,300
Defence Expenditure P.C. [+]2023$1,403
Moody's Rating [+]06/07/2024Aaa
S&P Rating [+]07/09/1975AAA
Fitch Rating [+]02/28/2020AAA
Corruption Index [+]202384
Competitiveness Ranking [+]201917º
Fragile States Index [+]202412.7
RTI Raking [+]202486º
Innovation Ranking [+]202421º
Labour
Unemployment Rate [+]March 20254.4%
Unemployment rate [+]2024Q43.8%
Unemployed [+]2024Q4116K
Average Wage [+]2023$68,871
Average Wage [+]2024€65,675
Human Capital Ranking [+]2017
Markets
Euro / Norwegian krones [+]05/16/202511.6350
US Dollar exchange rate [+]05/16/202510.3940
10-Year Bond Yield [+]05/16/20254.07%
Risk Premium [+]05/16/2025149
Stock ExchangeYTD % [+]05/16/20259.86%
Prices
CPI (overall index) [+]December 20234.8%
HICP [+]March 20252.3%
PPI Year on Year [+]April 20253.3%
Money Market
Key rates [+]12/15/20234.50%
Business
Doing Business [+]2020
IPI Year on Year [+]March 2025-3.2%
Passengers vehicles Year [+]December 2024252,252
Annual Vehicles/ 1,000 p. [+]December 202238.26
Vehicles / 1,000 people [+]2021634.33
Taxes
Tax Revenue (%GDP) [+]202440.5%
Standard VAT [+]01/01/200625.00%
Top tax rate + SSC [+]202247.4%
Trade
Annual arrivals [+]20224,979,400
Exports [+]2024€155,122.4M
Exports [+]2024$167,901.4M
Exports % GDP [+]202434.70%
Imports [+]2024€90,951.7M
Imports [+]2024$98,444.3M
Imports % GDP [+]202420.35%
Trade balance [+]2024€64,170.7M
Trade balance [+]2024$69,457.1M
Trade balance % GDP [+]202414.36%
Retail Sales YoY [+]March 20252.8%
Socio-Demography
Global AgeWatch Ranking [+]2015
Density [+]20239
Global Peace Ranking [+]202428º
Crude divorce rate [+]20201.80‰
Remittance received ($M) [+]2017614.1
% Immigrant [+]202015.81%
% Emigrant [+]20203.55%
Birth Rate [+]20239.40‰
Remittance sent ($M) [+]20172,237.9
Crude death rate [+]20237.90‰
Fertility Rate [+]20231.40
Crude marriage rate [+]20203.30‰
% risk of poverty [+]202411.6%
Population [+]20235,550,217
Immigrant stock [+]2020852,238
Emigrant stock [+]2020191,392
HDI [+]20220.966
Gender Gap Ranking [+]2024
Life expectancy [+]202383.10
Suicides [+]2022628
Suicide rate [+]202211.32
Number of homicides [+]202340
Rate Homicides per 100.000 [+]20230.72
Energy and Environment
CO2 Tons per capita [+]20237.86
Annual crude oil production [+]20241,791
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2023127,335
Generation GWh [+]2023152,106
Others
COVID-19 - Deaths [+]08/04/20245,732
COVID-19 - Confirmed [+]08/04/20241,512,647
Fully vaccinated [+]11/13/20224,054,726
COVID-19 - Deaths per million population [+]08/04/20241,032.75
Doses administered [+]11/13/202212,145,560