General profile: Norway

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
5.272 Millions
8.400 NOK/US$
386 989 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
3.55 %
0.70 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-14.4 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
103 759
130 657
103 920
88 963
Merchandise imports
55 488
77 330
76 425
72 335
Merchandise trade balance
48 271
53 327
27 495
16 628
Export structure by product group in 2016
(as % of total exports)
1 %1 %24 %24 %55 %55 %7 %7 %14 %14 %
Top 5 partners in 2016
(exports, millions of US$)
18 43712 7009 4196 0895 75418 43712 7009 4196 0895 754
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
29 834
41 453
40 786
36 404
Services imports
29 128
45 073
47 644
47 092
Services trade balance
706
-3 620
-6 858
-10 688
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
54.6
44.1
44.8
42.2
Travel
11.7
11.3
12.0
14.3
Other services
32.1
42.8
41.1
41.3
TRADE INDICES
More data on UNCTADstat
114114128128150150160160168168159159144144135135172172153153156156139139115115104104102102105105100100115115128128156156170170170170163163143143131131162162144144149149130130107107989895951001001001001141281501601681591441351721531561391151041021051001151281561701701631431311621441491301079895100100
ECONOMIC TRENDS
More data on UNCTADstat
+0.7 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
308 722
428 527
386 578
386 989
GDP per capita, current US$
66 760
87 611
74 186
73 405
Real GDP growth, y-on-y, %
2.62
0.60
1.61
0.70
Current account balance, % of GDP
16.19
11.73
9.14
..
Exchange rate (/US$)
6.443
6.044
8.064
8.400
GDP by expenditure in 2015
(as % of total GDP)
43.023.328.237.432.043.023.328.237.432.0
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+3.8 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
2 180.52
17 043.86
11 654.02
-5 532.74
FDI outflows
23 677.92
23 238.92
25 848.17
14 875.83
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
-5 533-5 53311 65411 6547 9877 9873 9493 94918 77418 77415 25015 25017 04417 04416 64116 64110 25110 2517 9887 98810 52610 5262 1812 1812 5442 5443 4713 4717917912 1232 1237 0907 090-5 53311 6547 9873 94918 77415 25017 04416 64110 2517 98810 5262 1812 5443 4717912 1237 090FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
15.99
11.55
5.44
1.20
Balance, % of imports
58.79
40.94
17.10
3.86
Normalized balance
0.227
0.170
0.079
0.019
Trade openness ²
(sum of imports and exports as % of GDP)
636968676868686675737270
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
53%Male 53%Female
47%Female 47%
OTHER INDICATORS
More data on UNCTADstat
1.112 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
24 243 000 000
20 811 234 000
19 447 403 000
20 073 011 000
Liner shipping connectivity index (maximum 2004 = 100 for China)
8.31
7.93
4.75
5.89
Container port throughput (TEU)
..
330 873
(e) 379 027
..
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
1.22
1.43
1.08
1.12
Share of ICT goods, % of total imports
8.77
7.45
6.62
6.83
Share of workforce involved in the ICT sector
..
(l) 6.01
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
l
Number of persons employed in full time equivalent units.Total business economy includes repair of computers, personal and household goods; except financial and insurance activities.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 15 September 2017