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Norway - Economic overview

Contents extracted from the comprehensive atlas of international trade by Export Entreprises

General economic indicators

GDP (billions USD)4214915516527
GDP (annual % change, constant prices)1322
GDP per capita85.7798.6699.17101.27102.33
General government balance-5-5-5-6-6
Inflation rate21122
Current account (billions USD)563716159
Current account (annual % change)1213141211
Unemployment rate43333


Value added (annual % change)-2864-
Value added (in % of GDP)1211-
Value added (in % of total employment)3322-


Value added (annual % change)-4-3-13-
Value added (in % of GDP)39394242-
Value added (in % of total employment)2222-


Value added (annual % change)-223-
Value added (in % of GDP)6595757-
Value added (in % of total employment)77787777-

Exchange Rate

Exchange Rate66666

Foreign trade in figures

Imports of goods69.2977.3390.8587.3290.06
Exports of goods120.88130.67159.25161.03153.25
Imports of services36.2950.3447.8541.1642.79
Exports of services38.2644.4743.4438.3237.6
Imports of goods and services (annual % change)-12942-
Growth rate of exports of goods and services (in %)-4-11-
Trade Balance48.6954.0873.7676.94-
Current account50.12-
Share of foreign trade in GDP6869768-
Share of imports of goods and services in GDP28292828-
Share of exports of goods and services in GDP444241-

Exchanged goods

FDI in figures

FDI inward flow10.25116.64116.82418.20512.775
FDI stock114.194150.834171.532178.329191.103
Performance Index*, ranking on 141 economies101/18180/18132/18136/181
Potential Index**, ranking on 141 economies12/141--47/177
Number of Greenfield investments***1231171011287
FDI (in % of GFCF****)11221912
FDI (in % of GDP)254413738
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