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Economy Norway
Flag of Norway Norway
Population: 4,574,560 (July 2004 est.)
Capital: Oslo
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Tabular Data - The Norwegian Economy

GDP : purchasing power parity - $171.7 billion (2003 est.)
GDP - Real Growth Rate : 0.6% (2003 est.)
GDP - Per Capita : purchasing power parity - $37,800 (2003 est.)
GDP - Composition By Sector : agriculture: 2.5%
industry: 36.2%
services: 61.2% (2003)
Household Income or Consumption by Percentage : lowest 10%: 4.1%
highest 10%: 21.8% (1995)
Inflation Rate (Consumer Prices) : 2.5% (2003 est.)
Labor Force : 2.38 million (2003 est.)
Labor Force - By Occupation : agriculture, forestry, and fishing 4%, industry 22%, services 74% (1995)
Budget : revenues: $129.8 billion
expenditures: $105.5 billion, including capital expenditures of NA (2003 est.)
Industries : petroleum and gas, food processing, shipbuilding, pulp and paper products, metals, chemicals, timber, mining, textiles, fishing
Industrial Production Growth Rate : -3.5% (2003 est.)
Electricity - Production : 120.1 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 0.4%
hydro: 99.3%
nuclear: 0%
other: 0.4% (2001)
Electricity - Consumption : 115.3 billion kWh (2001)
Electricity - Exports : 7.162 billion kWh (2001)
Electricity - Imports : 10.76 billion kWh (2001)
Agriculture - Products : barley, wheat, potatoes; pork, beef, veal, milk; fish
Exports : $67.27 billion f.o.b. (2003 est.)
Exports - Commodities : petroleum and petroleum products, machinery and equipment, metals, chemicals, ships, fish
Exports - Partners : Germany 20.2%, UK 14.6%, Sweden 9%, France 8.3%, Netherlands 8%, US 7.4%, Canada 4.6% (2003 est.)
Imports : $40.19 billion f.o.b. (2003 est.)
Imports - Commodities : machinery and equipment, chemicals, metals, foodstuffs
Imports - Partners : Sweden 22.5%, Germany 13.3%, UK 8.3%, Denmark 7.7%, Netherlands 5.9% (2003 est.)
Debt - External : $0 (Norway is a net external creditor) (2003 est.)
Economic Aid - Donor : ODA, $1.4 billion (1998)
Currency : Norwegian krone (NOK)
Currency Code : NOK
Exchange Rates : Norwegian kroner per US dollar - 7.0802 (2003), 7.9838 (2002), 8.9917 (2001), 8.8018 (2000), 7.7992 (1999)
Fiscal Year : Calendar Year

Country References
Country profile data for Norway

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Data Source: Central Intelligence Agency 2004 World Factbook