Nor­way and Asia

Norway-Asia Business Review - - Contents -

In or­der to give the read­ers an un­der­stand­ing of where the Asian coun­tries are in their de­vel­op­ment, we have as­sem­bled an over­view of var­i­ous in­di­ca­tors for Nor­way, USA and the most im­por­tant South and South­east Asian markets. The graphs in the two right col­umns are the re­sult. Coun­tries are listed by their two­let­ter ISO 3166-1 code. The data is as­sem­bled from a num­ber of sources. See be­low for a full list.

Ba­sic Fig­ures Nor­way (2016)

GDP Growth 2016 1.0% GDP Growth 2017 pro­jected 0.55% Ex­port Growth 2016 2.4% Ex­port Growth 2017 pro­jected 1.9% Trade Bal­ance NOK 140.4 bill Cur­rent Ac­count Bal­ance NOK 59.0 bill In­ter­na­tional Re­serves NOK 511.3 bill Un­em­ploy­ment 4.4% Cor­po­rate In­come Tax 28% Value Added Tax 25%

Nor­way’s Top 10 Ex­ports 2016

%/val­ueNOK bill Petroleum 24.9% 185,771 Gas 21.4% 160,222 Fish 11.9% 89,222 En­gi­neer­ing prod­ucts 11.9% 89,187 Chem­i­cals 6.6% 49,445 Non-fer­rous met­als 5.4% 40,286 Raw ma­te­ri­als 2.0% 14,882 Sci­en­tific in­stru­ments 1.8% 13,196 Iron and steel 1.6% 12,073 Oth­ers 12.4% 92,851 To­tal (-10.6% vs 2015) 747,135


Ge­o­graphic Area: 385,199 sq. km High­est peak: Gald­høpiggen 2,469 m In­land wa­ter ar­eas: 16,360 sq. km Coast­line: 25,148 km


Pop­u­la­tion Nor­way: 5.3 mill Pop­u­la­tion Oslo: 975,000 Life ex­pectancy M/F NO: 80/84 In­hab­i­tants per sq. km land area: 14.4 Pop­u­la­tion Growth: 0.84%


GDP/Capita: Wikipedia/IMF; GDP Growth: Wikipedia/CIA Fact­book; Global Com­pet­i­tive­ness: World Eco­nomic Fo­rum; In­fla­tion 2015: CIA; Ease of Do­ing Busi­ness and Days to Start a Busi­ness: World Bank; Cor­rup­tion: Trans­parency In­ter­na­tional; Democ­racy In­dex: Econ­o­mist In­tel­li­gence Unit; Mo­bile Tele­phone Pen­e­tra­tion: World Bank; Elec­tric Con­sump­tion: In­ter­na­tional En­ergy Agency Ba­sic Fig­ures, Nor­way: Sta­tis­tics Nor­way. Data was down­loaded from sources on 31 Oc­to­ber 2017.

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