Unemployment

3.8%

-0.4

Unemployment

4.0%

0.1

CPI

4.7%

0.0

CPI

7.2%

-0.2

CPI

0.8%

-0.2

CPI

2.2%

0.0

CPI

3.6%

0.3

Unemployment

2.6%

0.3

  1. Countries data: Demographic and economy

Country comparison Norway vs Euro zone

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Government Defence expenditure (%Budget) Norway vs Euro zone comparison
 
Gouvernement
Qu. GDP Per Capita [+]2024Q120,279Kchart10,657K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€448,717Mchart€14,378,530M2023Annual GDP [+]
Annual GDP [+]2023$485,311Mchart$15,544,641M2023Annual GDP [+]
GDP per capita [+]2023€80,970chart€41,0002023GDP per capita [+]
GDP per capita [+]2023$88,415chart$45,3732023GDP per capita [+]
Quarterly GDP [+]2024Q1€111,309Mchart€3,681,310M2024Q1Quarterly GDP [+]
Debt (M.€.) [+]2022204,093chart8,600,9832012Debt (M.€.) [+]
Debt ($M) [+]2022215,089chart11,050,5432012Debt ($M) [+]
Debt (%GDP) [+]202237.12%chart90.60%2012Debt (%GDP) [+]
Debt Per Capita [+]2022€37,182chart€25,5862012Debt Per Capita [+]
Debt Per Capita [+]2022$39,186chart$32,8732012Debt Per Capita [+]
Deficit (M.€) [+]202373,243chart-352,6832012Deficit (M.€) [+]
Deficit ($M) [+]202379,198chart-453,1272012Deficit ($M) [+]
Deficit (%GDP) [+]202316.30%chart-3.70%2012Deficit (%GDP) [+]
Expenditure (M.€) [+]2023208,929.1chart4,772,568.12013Expenditure (M.€) [+]
Expenditure ($M) [+]2023225,915.0chart6,338,447.72013Expenditure ($M) [+]
Education Expenditure (M.€) [+]202222,431.4
Education Expenditure ($M) [+]202223,571.0
Education Expenditure (%Bud.) [+]202210.12%
Gov. Health Exp. (M.€) [+]202237,286,216,122.6
Gov. Health Exp.($M) [+]202142,437.0
Gov. Health Exp. (%Bud.) [+]202217.82%
Defence Expenditure (M.€) [+]20229,253.2chart206,971.02022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20229,723.3chart218,801.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.78%chart3.09%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202346.50%chart49.80%2013Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€38,063chart€14,3132013Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$41,158chart$18,7922013Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€4,111
Education Expenditure P.C [+]2022$4,201
Gov. Health Exp. P.C. [+]2022€6,873
Gov. Health Exp. P.C. [+]2022$7,448
Defence Expenditure P.C. [+]2022€1,696chart€6002022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$1,733chart$6392022Defence Expenditure P.C. [+]
Moody's Rating [+]05/06/2022Aaa
S&P Rating [+]07/09/1975AAA
Fitch Rating [+]02/28/2020AAA
Corruption Index [+]202284
Competitiveness Ranking [+]201917º
Fragile States Index [+]201818.3
RTI Raking [+]202281º
Innovation Ranking [+]201819º
Labour
Unemployment Rate [+]April 20244.3%chart7.6%July 2021Unemployment Rate [+]
Unemployment rate [+]2023Q43.5%
Unemployed [+]2023Q4106K
Average Wage [+]2023$68,871
Average Wage [+]2023€63,693
Human Capital Ranking [+]20171º
Markets
Euro / Norwegian krones [+]06/10/202411.5120
US Dollar exchange rate [+]05/31/202410.5175chart0.929706/10/2024US Dollar exchange rate [+]
10-Year Bond Yield [+]06/10/20243.68%
Risk Premium [+]06/10/2024101
Stock ExchangeYTD % [+]06/10/20248.62%chart10.92%06/10/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20234.8%
HICP [+]April 20243.4%chart2.6%May 2024HICP [+]
PPI Year on Year [+]April 20243.1%
Money Market
Key rates [+]12/15/20234.50%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]20209º
IPI Year on Year [+]April 20243.5%
Passengers vehicles Year [+]December 2022174,329
Annual Vehicles/ 1,000 p. [+]December 202238.26
Vehicles / 1,000 people [+]2021634.33
Taxes
Tax Revenue (%GDP) [+]202341.6%
Standard VAT [+]01/01/200625.00%
Top tax rate + SSC [+]202247.4%
Trade
Annual arrivals [+]20195,879,000chart413,959,2002018Annual arrivals [+]
Exports [+]2023€164,256.8M
Exports [+]2023$173,906.1M
Exports % GDP [+]202336.61%
Imports [+]2023€89,425.4M
Imports [+]2023$95,292.4M
Imports % GDP [+]202319.93%
Trade balance [+]2023€74,831.4M
Trade balance [+]2023$78,613.7M
Trade balance % GDP [+]202316.68%
Retail Sales YoY [+]December 2023-3.9%
Socio-Demography
Global AgeWatch Ranking [+]20152º
Density [+]20229chart1242019Density [+]
Global Peace Ranking [+]202324º
Crude divorce rate [+]20201.80‰
Remittance received ($M) [+]2017614.1
% Immigrant [+]202015.81%
% Emigrant [+]20203.55%
Birth Rate [+]20229.40‰chart8.57‰2022Birth Rate [+]
Remittance sent ($M) [+]20172,237.9
Crude death rate [+]20228.40‰chart11.19‰2022Crude death rate [+]
Fertility Rate [+]20221.41chart1.452022Fertility Rate [+]
Crude marriage rate [+]20203.30‰
% risk of poverty [+]202311.5%chart17.0%2021% risk of poverty [+]
Population [+]20225,488,984chart342,597,6982019Population [+]
Immigrant stock [+]2020852,238
Emigrant stock [+]2020191,392
HDI [+]20210.961
Gender Gap Ranking [+]20232º
Life expectancy [+]202383.10chart81.702022Life expectancy [+]
Suicides [+]2021657
Suicide rate [+]202111.93
Number of homicides [+]202230
Rate Homicides per 100.000 [+]20220.55
Energy and Environment
CO2 Tons per capita [+]20227.62
Annual crude oil production [+]20231,814
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2022121,899
Generation GWh [+]2022143,383
Others
COVID-19 - Deaths [+]05/26/20245,732
COVID-19 - Confirmed [+]05/26/20241,507,899
Fully vaccinated [+]11/13/20224,054,726
COVID-19 - Deaths per million population [+]05/26/20241,044.27
Doses administered [+]11/13/202212,145,560
Norway
Euro zone
  • Capital: Brussels
  • Population: 342,597,698
  • Surface Area: 2,760,484 km2
  • Currency: Euros