Norway
General information
Capital: Oslo
Currency unit: Nowegian krone
Area: 624,500 km²
Total population: 5,572,280
GDP (millions of US dollars): 483,593
GDP per capita, PPP (current international US dollars): 102,038
Production
Agriculture (% of GDP): 2.2 %
Manufacture (% of GDP): 6.8 %
Industry excluding manufacture (% of GDP): 34.0 %
Services (% of GDP): 57.0 %
Trade
Total exports (millions of US dollars): 231,550
Total imports (millions of US dollars): 165,566
Main exported goods (% of total exports):
Natural gas, whether or not liquefied (30.3 %)
Petroleum oils, oils from bitumin. materials, crude (29.0 %)
Fish, fresh (live or dead), chilled or frozen (8.8 %)
Petroleum oils or bituminous minerals (3.2 %)
Aluminium (3.1 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Norway | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Norway: 89 | 89 | |
| Real Effective Exchange Rate Norway: 87 | 87 | |
| Internal Real Exchange Rate Norway: 78 | 78 |