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Country profile

NORWAY (NOR)

Norway flag

Norway map

Continent Europe
Coordinates 62 00 N, 10 00 E
Government Constitutional monarchy
Capital Oslo
Location Northern Europe, bordering the North Sea and the North Atlantic Ocean, west of Sweden
Climate Temperate along coast, modified by North Atlantic Current; colder interior with increased precipitation and colder summers; rainy year-round on west coast
Total area 324 ths sq.km.
Population 4 611 ths p.
Median age 38.4 yrs.
Life expectancy 79.5 yrs.
Languages Bokmal Norwegian (official), Nynorsk Norwegian (official), small Sami- and Finnish-speaking minorities; note - Sami is official in six municipalities

more by... Geographical data  |  Demographic statistics

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Development statistics

Statistic parameter Data period Value Rate of change (year/year) Last period rate of change Index from 01/2000
Economy development
Gross domestic product (GDP)
current prices bil USD Q1-08 118.8 +12.0% +1.5% 165.3%
constant prices bil USD Q1-08 102.5 +3.7% +0.2% 119.4%
Production of total industry (IP) ind 2000 Jun-08 93.8% +6.7% -0.7% 93.8%
Retail trade ind 2000 May-08 140.2% +6.1% +1.2% 141.6%
Standardised unemployment rate percent Apr-08 2.5% -7.4% +4.2% 71.7%
Price indexes
Consumer prices (all items, CPI) ind 2000 Jul-08 116.6% +4.3% +0.7% 116.6%
food ind 2000 Jul-08 113.6% +4.7% +2.2% 113.6%
energy  ind 2000 Jul-08 156.3% +21.6% +5.9% 156.3%
other items ind 2000 Jul-08 112.0% +1.7% -0.5% 112.0%
Consumer prices - Services less housing  ind 2000          
Consumer prices - Housing  ind 2000 Jul-08 127.7% +3.2% +0.2% 127.7%
Harmonised CPI ind 2000          
Producer prices (total, PPI) ind 2000 Jul-08 190.0% +31.9% +2.3% 190.0%
manufacturing products ind 2000 Jul-08 141.4% +9.4% +1.0% 141.4%
Share Prices ind 2000 Jul-08 258.9% -16.2% -11.3% 258.9%
Interantional trade
Exports in goods bil USD Jun-08 16.4 +49.7% +0.9% 326.9%
Imports in goods bil USD Jun-08 8.5 +36.1% +5.0% 295.8%
Net trade in goods bil USD Jun-08 7.9      
Current Account bil USD Q1-08 21.9      
Financial markets - monetary markets
Narrow money ind 2000 Jun-08 205.5% +3.1% -1.1% 205.5%
Broad Money ind 2000 Jun-08 200.3% +9.0% -0.7% 200.3%
Reserve assets bil SDR Jun-08 30.9 -17.4% -11.4% 165.1%
Financial markets - currency - Krone (Norway)
Currency exchange rates per USD Jul-08 5.16 +10.8% -0.6% 170.9%
Interest rates
    immediate percent Jul-08 6.1%
    short-term percent Jul-08 6.5%
    long-term percent Jul-08 4.9%
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