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 37 position by nominal GDP. Its national debt in 2019 was 148,603 millions of euros (166,362 millions of dollars), ( 41.25% debt-to-GDP ratio) and its public debt per capita is 27,685€ euros per inhabitant30,994$ dollars per inhabitant.

The last annual rate of CPI published in Norway was on January of 2021 and it was 2.5%.

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 [+]2020Q415,148€
Annual GDP [+]2020317,885M.€
Annual GDP [+]2020363,088M.$
GDP per capita [+]202059,223€
GDP per capita [+]202067,645$
Quarterly GDP [+]2020Q481,310M.€
Debt (M.€.) [+]2019148,603
Debt (M.$.) [+]2019166,362
Debt (%GDP) [+]201941.25%
Debt Per Capita [+]201927,685€
Debt Per Capita [+]201930,994$
Deficit (M.€) [+]201923,452
Deficit (M.$) [+]201926,255
Deficit (%GDP) [+]20196.50%
Expenditure (M.€) [+]2019186,444.8
Expenditure (M.$) [+]2019208,725.0
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.$) [+]20196,792.7
Defence Expenditure (%Bud.) [+]20193.50%
Expenditure (%GDP) [+]201951.50%
Expenditure Per Capita [+]201934,735€
Expenditure Per Capita [+]201938,886$
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 [+]201884
Competitiveness Ranking [+]201917º
Fragile States Index [+]201818.3
RTI Raking [+]09/28/201876º
Innovation Ranking [+]201819º
Labour
Unemployment Rate [+]November 20205.0%
Unemployment rate [+]2020Q35.0%
Unemployed [+]2020Q3143 m.
Average Wage [+]201962,400€
Average Wage [+]201568,434$
Human Capital Ranking [+]2017
Markets
Euro / Norwegian krones [+]02/24/202110.2483
US Dollar exchange rate [+]02/24/20218.4376
10-Year Bond Yield [+]02/24/20211.40%
Risk Premium [+]02/24/2021171
Stock ExchangeYTD % [+]02/24/20214.07%
Prices
CPI (overall index) [+]January 20212.5%
HICP [+]January 20212.7%
PPI Year on Year [+]January 20212.4%
Money Market
Key rates [+]05/08/20200%
Business
Doing Business [+]2019
IPI Year on Year [+]December 20202.7%
Passengers vehicles Year [+]January 2021142,145
Annual Vehicles/ 1,000 p. [+]January 202133.78
Vehicles / 1,000 people [+]2015610.91
Taxes
Standard VAT [+]01/01/200625.00%
Top tax rate + SSC [+]201946.4%
Trade
Annual arrivals [+]20185,688,000
Exports [+]201991,723.6 M.€
Exports [+]2019102,684.6 M.$
Exports % GDP [+]201925.32%
Imports [+]201975,938.1 M.€
Imports [+]201985,012.7 M.$
Imports % GDP [+]201920.96%
Trade balance [+]201915,785.5 M.€
Trade balance [+]201917,671.9 M.$
Trade balance % GDP [+]20194.36%
Retail Sales YoY [+]December 20208.9%
Socio-Demography
Global AgeWatch Ranking [+]2015
Density [+]20199
Global Peace Ranking [+]202017º
Crude divorce rate [+]20181.90‰
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 [+]20181.56
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 [+]2018
Life expectancy [+]201882.80
Suicides [+]2018681
Suicide rate [+]201812.78
Number of homicides [+]201825
Rate Homicides per 100.000 [+]20180.47
Energy and Environment
CO2 Tons per capita [+]20198.89
Annual crude oil production [+]20191,437
Crude Oil Reserves (Million barrels) [+]20218,122.2
Consumption GWh [+]2019124,127
Generation GWh [+]2019131,882
Others
COVID-19 - Deaths [+]02/23/2021608
COVID-19 - Confirmed [+]02/23/202169,148
Fully vaccinated [+]02/22/202199,578
COVID-19 - Deaths per million population [+]02/23/2021113.27
Doses administered [+]02/22/2021392,858