OECD Economic Surveys: Norway 2022
Basic statistics of Norway, 2020
(Numbers in parentheses refer to the OECD average)
|
LAND, PEOPLE AND ELECTORAL CYCLE |
|||||
|---|---|---|---|---|---|
|
Population (million) |
5.4 |
Population density per km² |
14.7 |
(38.6) |
|
|
Under 15 (%) |
17.3 |
(17.8) |
Life expectancy at birth (years, 2019) |
82.9 |
(80.2) |
|
Over 65 (%) |
17.5 |
(17.4) |
Men (2019) |
81.2 |
(77.6) |
|
International migrant stock (% of population, 2019) |
16.1 |
(13.2) |
Women (2019) |
84.7 |
(82.9) |
|
Latest 5-year average growth (%) |
0.7 |
(0.6) |
Latest general election |
September 2021 |
|
|
ECONOMY |
|||||
|
Gross domestic product (GDP) |
|
Value added shares (%) |
|
||
|
In current prices (billion USD) |
362.9 |
Agriculture, forestry and fishing |
2.1 |
(2.7) |
|
|
In current prices (billion NOK) |
3 410.4 |
Industry including construction |
29.4 |
(26.2) |
|
|
Latest 5-year average real growth (%) |
0.9 |
(0.8) |
Services |
68.5 |
(71.1) |
|
Per capita (thousands USD PPP) |
62.8 |
(46.3) |
|||
|
GENERAL GOVERNMENT (Per cent of GDP) |
|||||
|
Expenditure |
58.1 |
(48.5) |
Gross financial debt (OECD: 2019) |
53.8 |
(109.0) |
|
Revenue |
55.0 |
(38.1) |
Net financial debt (OECD: 2019) |
-370.1 |
(68.1) |
|
EXTERNAL ACCOUNTS |
|||||
|
Exchange rate (NOK per USD) |
9.40 |
Main exports (% of total merchandise exports) |
|||
|
PPP exchange rate (USA = 1) |
10.10 |
Mineral fuels, lubricants and related materials |
48.8 |
||
|
In per cent of GDP |
Food and live animals |
14.3 |
|||
|
Exports of goods and services |
32.2 |
(50.6) |
Machinery and transport equipment |
10.6 |
|
|
Imports of goods and services |
33.1 |
(47.2) |
Main imports (% of total merchandise imports) |
||
|
Current account balance |
0.7 |
(0.0) |
Machinery and transport equipment |
39.5 |
|
|
Net international investment position |
314.4 |
Miscellaneous manufactured articles |
14.7 |
||
|
Manufactured goods |
14.1 |
||||
|
LABOUR MARKET, SKILLS AND INNOVATION |
|||||
|
Employment rate (aged 15 and over, %) |
61.0 |
(55.1) |
Unemployment rate, Labour Force Survey (aged 15 and over, %) |
4.4 |
(7.1) |
|
Men |
62.5 |
(63.0) |
Youth (aged 15-24, %) |
11.3 |
(15.1) |
|
Women |
59.5 |
(47.7) |
Long-term unemployed (1 year and over, %) |
0.9 |
(1.3) |
|
Participation rate (aged 15 and over, %) |
63.8 |
(59.5) |
Tertiary educational attainment (aged 25-64, %) |
45.3 |
(39.0) |
|
Average hours worked per year |
1 369 |
(1 687) |
Gross domestic expenditure on R&D (% of GDP, 2018) |
2.1 |
(2.6) |
|
ENVIRONMENT |
|||||
|
Total primary energy supply per capita (toe) |
5.3 |
(3.7) |
CO2 emissions from fuel combustion per capita (tonnes, 2019) |
4.9 |
(8.3) |
|
Renewables (%) |
51.1 |
(11.9) |
Water abstractions per capita (1 000 m³, 1985) |
0.5 |
|
|
Exposure to air pollution (more than 10 µg/m³ of PM 2.5, % of population, 2019) |
0.8 |
(61.7) |
Municipal waste per capita (tonnes, 2019) |
0.8 |
(0.5) |
|
SOCIETY |
|||||
|
Income inequality (Gini coefficient, 2019, OECD: latest available) |
0.261 |
(0.317) |
Education outcomes (PISA score, 2018) |
||
|
Relative poverty rate (%, 2019, OECD: 2018) |
8.4 |
(11.7) |
Reading |
499 |
(485) |
|
Median disposable household income (thousand USD PPP, 2018, OECD: 2017) |
39.7 |
(24.2) |
Mathematics |
501 |
(487) |
|
Public and private spending (% of GDP) |
Science |
490 |
(487) |
||
|
Health care (OECD: 2019) |
11.3 |
(8.8) |
Share of women in parliament (%) |
41.4 |
(31.5) |
|
Pensions (2017) |
9.2 |
(8.6) |
Net official development assistance (% of GNI, 2017) |
1.0 |
(0.4) |
|
Education (% of GNI, 2019) |
6.6 |
(4.4) |
|
||
Note: The year is indicated in parenthesis if it deviates from the year in the main title of this table.
Where the OECD aggregate is not provided in the source database, a simple OECD average of latest available data is calculated where data exist for at least 80% of member countries.
Source: Calculations based on data extracted from databases of the following organisations: OECD, International Energy Agency, International Labour Organisation, International Monetary Fund, United Nations, World Bank.