Norway has taken some good initiatives to combat money laundering and terrorist financing, but needs to establish overarching policies and strategies, and address significant weaknesses in a number of key areas, according to a new report by the Financial Action Task Force.

Norway’s predominately public and tuition-fee free tertiary education system encourages participation and has high attainment rates. However, challenges in spending efficiency, study times, skills demand, inclusiveness and quality remain.

Norwegian policy gives high priority to supporting rural communities, with support for agriculture receiving particular attention. It is broadly successful in terms of maintaining rural communities, and urban-rural gaps in a range of well-being indicators are comparatively narrow.

Denmark’s economic prospects are improving, but further reforms are needed to maintain the country’s high living standards and ensure the well-being of all citizens, according to a new report from the OECD.

Norway puts a high priority on maintaining high levels of well-being in rural communities, many of which are in remote and challenging environments. While it is broadly successful in achieving this goal, it comes at a high price, most notably in the form of substantial support to farmers. Is there a better way?

Norway’s predominately public and tuition-free tertiary education system has encouraged participation and generated high attainment rates. However, few Norwegian universities rank high in international comparisons on the basis of research related and other indicators.

The South African economy has registered tremendous progress over the past two decades, boosting living standards and lifting millions out of poverty nationwide.

International trade plays an important role in the Estonian economy. Around a half of the private sector employment is sustained by foreign demand, twice as much as the OECD average.

The Norwegian economy is performing well, despite low oil prices. Further reforms will be needed to diversify the economy, improve public spending efficiency and ensure that today’s high levels of income, well-being and equality are passed on to future generations, according to a new report from the OECD.

Business dynamism and sound management of natural resources wealth has helped propel Norway among the highest levels of GDP per capita in the world. Combined with its “Nordic model” ensuring inclusiveness and low inequality, Norway exhibits impressive levels of well-being in many dimensions.

In its latest Economic Survey for Norway , the OECD underscores the importance of policy facilitating transition away from oil-related activities and helping businesses seize opportunities from digitalisation and globalisation, through providing i) macroeconomic and financial stability, and ii) improvements to structural-policy settings.

Norway makes substantial public investment in transport and this has intensified in recent years. There is potentially large economic benefit from such investment, particularly as good transport infrastructure can help Norway’s transition away from oil-related activities.

Norway’s success in maintaining high living standards, low inequality and good progress in gender balance owes much to its business sector.

Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change,according to a new OECD study.

This report compares urbanisation trends on the basis of a common methodology which helps cross-country comparison of the socio-economic and environmental performance of metropolitan areas in 28 OECD countries.

Blog article by Cobus de Swardt, Managing Director of Transparency International, written for the OECD Integrity Forum 2015.

Imports from Norway in Germany decreased to 883279 EUR Million in February from 961538 EUR Million in January of 2020. Imports from Norway in Germany averaged 181168.88 EUR Million from 1990 until 2020, reaching an all time high of 1543290 EUR Million in April of 2015 and a record low of 294 EUR Million in July of 1990. This page includes a chart with historical data for Germany Imports from Norway.

Norway 10Y Bond Yield was 0.42 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Norway Government Bond 10Y reached an all time high of 13.01 in October of 1988. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Import Prices in Norway increased to 153.50 points in the fourth quarter of 2019 from 147.40 points in the third quarter of 2019. Import Prices in Norway averaged 104.09 points from 1980 until 2019, reaching an all time high of 153.50 points in the fourth quarter of 2019 and a record low of 71.76 points in the first quarter of 1980. In Norway, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides - Norway Import Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Norway was last recorded at 92121.40 US dollars in 2018. The GDP per Capita in Norway is equivalent to 729 percent of the world's average. GDP per capita in Norway averaged 60745.07 USD from 1960 until 2018, reaching an all time high of 92121.40 USD in 2018 and a record low of 23183.56 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Norway GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Export Prices in Norway increased to 145 points in the fourth quarter of 2019 from 142.10 points in the third quarter of 2019. Export Prices in Norway averaged 98.65 points from 1980 until 2019, reaching an all time high of 149.40 points in the third quarter of 2018 and a record low of 57.64 points in the first quarter of 1980. In Norway, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page provides - Norway Export Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Norway decreased to 1340 NOK Million in the fourth quarter of 2019 from 1361 NOK Million in the third quarter of 2019. GDP From Mining in Norway averaged 1294.89 NOK Million from 1978 until 2019, reaching an all time high of 2071 NOK Million in the second quarter of 2008 and a record low of 668 NOK Million in the fourth quarter of 1982. This page provides - Norway Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports Intra Eu - Vehicles Not Railway & Tram Accessories in the United Kingdom increased to 4015.90 GBP Million in February from 3364.44 GBP Million in January of 2020. Imports Intra Eu - Vehicles Not Railway & Tram Acc in the United Kingdom averaged 2585.07 GBP Million from 1996 until 2020, reaching an all time high of 5317.31 GBP Million in March of 2019 and a record low of 912.87 GBP Million in August of 1996. This page includes a chart with historical data for the United Kingdom Imports of Intra EU - Vehicles Not Railway & Tram.

Imports Intra Eu - Railway & Tram Tracks, Signals, Fixings, Etc. in the United Kingdom increased to 65.45 GBP Million in February from 52.78 GBP Million in January of 2020. Imports Intra Eu - Railway & Tram Tracks, Signals, in the United Kingdom averaged 31.44 GBP Million from 1996 until 2020, reaching an all time high of 188.95 GBP Million in September of 2016 and a record low of 2.13 GBP Million in October of 1996. This page includes a chart with historical data for the United Kingdom Imports of Intra EU - Railway & Tram Tracks, Sign.

Imports - Vehicles Not Railway, Tram, Parts & Accessories in the United Kingdom increased to 4729.23 GBP Million in February from 4148.90 GBP Million in January of 2020. Imports - Vehicles Not Railway, Tram, Parts & Acce in the United Kingdom averaged 3305.86 GBP Million from 2000 until 2020, reaching an all time high of 6305.14 GBP Million in March of 2019 and a record low of 1541.38 GBP Million in December of 2000. This page includes a chart with historical data for the United Kingdom Imports of Vehicles Not Railway, Tram, Parts & Ac.

GDP From Utilities in Norway remained unchanged at 5689 NOK Million in the fourth quarter of 2019 from 5689 NOK Million in the third quarter of 2019. GDP From Utilities in Norway averaged 4944.51 NOK Million from 1978 until 2019, reaching an all time high of 6054 NOK Million in the second quarter of 1989 and a record low of 3107 NOK Million in the first quarter of 1980. This page provides - Norway Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from Norway in Netherlands decreased to 802000 EUR THO in February from 961000 EUR THO in January of 2020. Imports from Norway in Netherlands averaged 987368.01 EUR THO from 2014 until 2020, reaching an all time high of 1372193 EUR THO in August of 2014 and a record low of 563539 EUR THO in September of 2016. This page includes a chart with historical data for Netherlands Imports from Norway.

Home Ownership Rate in Norway decreased to 81.30 percent in 2018 from 81.50 percent in 2017. Home Ownership Rate in Norway averaged 83.49 percent from 2003 until 2018, reaching an all time high of 86.10 percent in 2008 and a record low of 81.30 percent in 2018. This page provides the latest reported value for - Norway Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross National Product in Norway increased to 919915 NOK Million in the fourth quarter of 2019 from 848825 NOK Million in the third quarter of 2019. Gross National Product in Norway averaged 392135.78 NOK Million from 1978 until 2019, reaching an all time high of 930228 NOK Million in the fourth quarter of 2018 and a record low of 55200 NOK Million in the first quarter of 1978. This page provides - Norway Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terms of Trade in Norway decreased to 94.46 points in the fourth quarter of 2019 from 96.40 points in the third quarter of 2019. Terms of Trade in Norway averaged 93.90 points from 1980 until 2019, reaching an all time high of 115.90 points in the second quarter of 2006 and a record low of 75.84 points in the first quarter of 1983. In Norway, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - Norway Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Norway scored 78.05 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Norway averaged 22.12 Points from 2007 until 2019, reaching an all time high of 78.94 Points in 2017 and a record low of 5.14 Points in 2011. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Norway Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports to Norway in France decreased to 102 EUR Million in March from 144 EUR Million in February of 2020. Exports to Norway in France averaged 323.82 EUR Million from 2014 until 2020, reaching an all time high of 13456 EUR Million in April of 2014 and a record low of 102 EUR Million in March of 2020. This page includes a chart with historical data for France Exports to Norway.

GDP From Construction in Norway increased to 53006 NOK Million in the fourth quarter of 2019 from 52877 NOK Million in the third quarter of 2019. GDP From Construction in Norway averaged 32725.10 NOK Million from 1978 until 2019, reaching an all time high of 53006 NOK Million in the fourth quarter of 2019 and a record low of 21411 NOK Million in the third quarter of 1979. This page provides - Norway Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Norway increased to 55957 NOK Million in the fourth quarter of 2019 from 55868 NOK Million in the third quarter of 2019. GDP From Manufacturing in Norway averaged 47285.45 NOK Million from 1978 until 2019, reaching an all time high of 59063 NOK Million in the third quarter of 2014 and a record low of 39709 NOK Million in the third quarter of 1991. This page provides - Norway Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Norway increased to 51490 NOK Million in the fourth quarter of 2019 from 51266 NOK Million in the third quarter of 2019. GDP From Public Administration in Norway averaged 35465.90 NOK Million from 1978 until 2019, reaching an all time high of 51490 NOK Million in the fourth quarter of 2019 and a record low of 22758 NOK Million in the first quarter of 1978. This page provides - Norway Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Norway was last recorded at 65441.40 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Norway, when adjusted by Purchasing Power Parity is equivalent to 368 percent of the world's average. GDP per capita PPP in Norway averaged 58121.38 USD from 1990 until 2018, reaching an all time high of 65441.40 USD in 2018 and a record low of 42813.80 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides the latest reported value for - Norway GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Norway is ranked 9 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Norway deteriorated to 9 in 2019 from 7 in 2018. Ease of Doing Business in Norway averaged 7.92 from 2008 until 2019, reaching an all time high of 10 in 2009 and a record low of 6 in 2011. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Norway.

Asylum Applications in Norway decreased to 160 persons in December from 200 persons in November of 2019. Asylum Applications in Norway averaged 844.34 persons from 2008 until 2019, reaching an all time high of 8570 persons in October of 2015 and a record low of 120 persons in May of 2019. Asylum Application in this page refers to first time asylum applicants. Data is supplied to Trading Economics by the Eurostat, National Ministries of Interior and other official agencies.

Consumer Spending in Norway increased to 384563 NOK Million in the fourth quarter of 2019 from 384499 NOK Million in the third quarter of 2019. Consumer Spending in Norway averaged 231279.77 NOK Million from 1978 until 2019, reaching an all time high of 384563 NOK Million in the fourth quarter of 2019 and a record low of 125359 NOK Million in the first quarter of 1978. This page provides - Norway Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Norway decreased to 0.08 in 2018 from 0.15 in 2017. Terrorism Index in Norway averaged 1.25 from 2002 until 2018, reaching an all time high of 4.71 in 2011 and a record low of 0 in 2002. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Government Spending in Norway increased to 205596 NOK Million in the fourth quarter of 2019 from 204579 NOK Million in the third quarter of 2019. Government Spending in Norway averaged 134580.43 NOK Million from 1978 until 2019, reaching an all time high of 205596 NOK Million in the fourth quarter of 2019 and a record low of 69603 NOK Million in the second quarter of 1978. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Norway Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in Norway increased to 104.29 points in the fourth quarter of 2019 from 103.72 points in the third quarter of 2019. GDP Deflator in Norway averaged 60.17 points from 1978 until 2019, reaching an all time high of 107.60 points in the fourth quarter of 2018 and a record low of 19.12 points in the first quarter of 1978. This page provides - Norway GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Norway increased to 857009 NOK Million in the fourth quarter of 2019 from 843944 NOK Million in the third quarter of 2019. GDP Constant Prices in Norway averaged 582522.13 NOK Million from 1978 until 2019, reaching an all time high of 857009 NOK Million in the fourth quarter of 2019 and a record low of 304538 NOK Million in the first quarter of 1978. This page provides - Norway GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Productivity in Norway increased to 106.48 points in the fourth quarter of 2019 from 103.98 points in the third quarter of 2019. Productivity in Norway averaged 83.56 points from 1978 until 2019, reaching an all time high of 106.48 points in the fourth quarter of 2019 and a record low of 57.16 points in the third quarter of 1980. In Norway, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - Norway Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Norway decreased to 14.50 points in the first quarter of 2020 from 14.80 points in the fourth quarter of 2019. Consumer Confidence in Norway averaged 17.21 points from 1992 until 2020, reaching an all time high of 34.90 points in the first quarter of 1997 and a record low of -17.40 points in the third quarter of 1992. In Norway, the Finance Norway and TNS Gallup consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page provides - Norway Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Electricity Production in Norway decreased to 12368 Gigawatt-hour in December from 12867 Gigawatt-hour in November of 2019. Electricity Production in Norway averaged 11580.04 Gigawatt-hour from 2008 until 2019, reaching an all time high of 16376 Gigawatt-hour in January of 2016 and a record low of 6653 Gigawatt-hour in June of 2010. This page has Electricity Production values for Norway.

The Corporate Tax Rate in Norway stands at 22 percent. Corporate Tax Rate in Norway averaged 33.62 percent from 1981 until 2020, reaching an all time high of 50.80 percent in 1982 and a record low of 22 percent in 2019. In Norway, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Norway. This page provides - Norway Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Norway stands at 14.10 percent. Social Security Rate For Companies in Norway averaged 13.75 percent from 1990 until 2020, reaching an all time high of 16.70 percent in 1990 and a record low of 12.80 percent in 2007. In Norway, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of Norway because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Norway Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Norway stands at 8.20 percent. Social Security Rate For Employees in Norway averaged 7.77 percent from 1981 until 2020, reaching an all time high of 8.20 percent in 2014 and a record low of 4.40 percent in 1981. In Norway, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Employees are an important source of income for the government of Norway because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Norway Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Norway stands at 38.20 percent. Personal Income Tax Rate in Norway averaged 46.41 percent from 1995 until 2020, reaching an all time high of 55.30 percent in 2003 and a record low of 38.20 percent in 2019. In Norway, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Norway. This page provides - Norway Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.