OECD Economic Surveys: Norway 2024
Basic statistics of Norway, 2023
(Numbers in parentheses refer to the OECD average)²
|
LAND, PEOPLE AND ELECTORAL CYCLE |
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|---|---|---|---|---|---|
|
Population (million, 2022) |
5.5 |
Population density per km² (2022) |
15.0 |
(39.0) |
|
|
Under 15 (%, 2022) |
16.7 |
(17.2) |
Life expectancy at birth (years, 2021) |
83.2 |
(78.7) |
|
Over 65 (%, 2022) |
18.4 |
(18.0) |
Men (2021) |
81.7 |
(75.9) |
|
International migrant stock (% of population, 2019) |
16.1 |
(13.2) |
Women (2021) |
84.7 |
(81.7) |
|
Latest 5-year average growth (%) |
0.7 |
(0.4) |
Latest general election |
September 2021 |
|
|
ECONOMY |
|||||
|
Gross domestic product (GDP) |
Value added shares (%, 2022) |
||||
|
In current prices (billion USD) |
485.7 |
Agriculture, forestry and fishing |
1.8 |
(2.8) |
|
|
In current prices (billion NOK) |
5 126.5 |
Industry including construction |
53.1 |
(28.0) |
|
|
Latest 5-year average real growth (%) |
1.4 |
(1.6) |
Services |
45.1 |
(69.2) |
|
Per capita (thousand USD PPP, 2022) |
124.3 |
(58.8) |
|||
|
GENERAL GOVERNMENT - Per cent of GDP |
|||||
|
Expenditure (OECD: 2022) |
46.6 |
(43.0) |
Gross financial debt (OECD: 2022) |
50.6 |
(113.3) |
|
Revenue (OECD: 2022) |
62.9 |
(39.7) |
Net financial debt (OECD: 2022) |
-355.8 |
(67.5) |
|
EXTERNAL ACCOUNTS |
|||||
|
Exchange rate (NOK per USD) |
10.55 |
Main exports (% of total merchandise exports) |
|||
|
PPP exchange rate (USA = 1) |
7.32 |
Fuels |
68.3 |
||
|
In per cent of GDP |
Animal |
8.8 |
|||
|
Exports of goods and services |
47.2 |
(31.3) |
Metals |
6.1 |
|
|
Imports of goods and services |
32.5 |
(31.4) |
Main imports (% of total merchandise imports) |
||
|
Current account balance |
17.6 |
(-0.1) |
Machinery and electronics |
23.1 |
|
|
Net international investment position (2020) |
309.6 |
Transportation |
14.0 |
||
|
Metals |
10.9 |
||||
|
LABOUR MARKET, SKILLS AND INNOVATION |
|||||
|
Employment rate (aged 15 and over, %) |
63.3 |
(58.0) |
Unemployment rate, Labour Force Survey (aged 15 and over, %) |
3.6 |
(4.8) |
|
Men |
66.6 |
(65.6) |
Youth (aged 15-24, %) |
11.0 |
(10.6) |
|
Women |
60.0 |
(50.8) |
Long-term unemployed (1 year and over, %, 2022) |
0.6 |
(1.2) |
|
Participation rate (aged 15 and over, %) |
65.7 |
(60.9) |
Tertiary educational attainment (aged 25-64, %, 2022) |
48.1 |
(40.7) |
|
Average hours worked per year (2022) |
1,425 |
(1,752) |
Gross domestic expenditure on R&D (% of GDP, 2021) |
1.9 |
(3.0) |
|
ENVIRONMENT |
|||||
|
Total primary energy supply per capita (toe, 2022) |
5.1 |
(3.8) |
CO₂ emissions from fuel combustion per capita (tonnes, 2022) |
6.5 |
(7.8) |
|
Renewables (%, 2022) |
51.1 |
(12.0) |
Renewable internal freshwater resources per capita (1 000 m³, 2020) |
0.5 |
|
|
Exposure to air pollution (more than 10 μg/m³ of PM 2.5, % of population, 2020) |
0.0 |
(56.5) |
Municipal waste per capita (tonnes, 2022) |
0.8 |
(0.5) |
|
SOCIETY |
|||||
|
Income inequality (Gini coefficient, 2021, OECD: latest available) |
0.285 |
(0.316) |
Education outcomes (PISA 2022 score) |
||
|
Relative poverty rate (%, 2021, OECD: 2020) |
7.9 |
(11.8) |
Reading |
477 |
(476) |
|
Median disposable household income (thousand USD PPP, 2021, OECD: 2020) |
41.6 |
(26.6) |
Mathematics |
468 |
(472) |
|
Public and private spending (% of GDP) |
|
Science |
478 |
(485) |
|
|
Health care (2022) |
7.9 |
(9.2) |
Share of women in parliament (%, 2022) |
45.0 |
(32.5) |
|
Pensions (2019) |
9.5 |
(9.5) |
Net official development assistance (% of GNI, 2017) |
1.1 |
(0.4) |
|
Education (% of GNI, 2021) |
6.7 |
(4.4) |
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¹ 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.
² OECD aggregate refers to weighted average.
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.