Official Name: | The Kingdom of Norway |
Sovereign Status: | Sovereign Country |
Government Type: | Parliamentary Constitutional Monarchy |
Official Name (Local Language): | Kongeriket Norge |
ISO Country Codes: | NO : NOR |
Internet Domain: | .no |
Government Web Site: | https://www.regjeringen.no/ |
Capital: | Oslo | Main Airports: | Oslo Airport, Gardermoen, Trondheim Airport, Værnes |
Language(s): | Norwegian | Population: | 5,553,840 |
Currency: | Norwegian Kroner | ISO Currency Code: | NOK |
Telephone Dial In: | +47 | ID Prefix: | 00 |
Government Website: | https://www.regjeringen.no/ |
Sovereign Ratings: | https://countryeconomy.com/ratings/norway |
Central Bank: | Norges Bank |
Currency USD Exchange Rate: | 8.81535 Norwegian kroner (NOK) per US dollar (2020 est.) |
Unemployment Rate: | 3.72% (2019 est.) |
Population below poverty line: | 12.7% (2018 est.) |
Inflation Rate: | 2.1% (2019 est.) |
Prime Lending Rate: | 2.89% (31-Dec-17 - Photius) |
GDP: | $355.122 billion (2021 est.) |
GDP Pro Capita (PPP): | $65,700 (2021 est.) |
Currency Name: | Norwegian Kroner |
Currency Code: | NOK |
World Bank Classification: | High-Income Economy |
GDP Composition:
Agriculture: | 1.8% | barley, wheat, potatoes; pork, beef, veal, milk; fish |
Industry: | 34.7% | petroleum and gas, shipping, fishing, aquaculture, food processing, shipbuilding, pulp and paper products, metals, chemicals, timber, mining, textiles |
Services: | 63.5% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | English; Norwegian |
Customs & Excise: | Norwegian Tax Administration |
Development Bank(s): | The Social Development Bank in Europe; The Norwegian Investment Fund for Developing Countries; |
National Standards Bureau: | Standards Norway |
Competitive Ind’l Performance: 17/141 (2019) | Corruption Perceptions Index: 4/180 (2022 Rank) |
Ease of Doing Business: N/A | Enabling Trade Index: 17/136 (2016) |
Global Trade Alert | Search ITC's Lega Carta |
Export Credit Agency: Eksportfinans ; Export Credit Norway ; Export Insurance Agency: Export Finance Norway (Eksfin) ;
Export Promotion Agency: Norway Exports ;
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