Norway

Official Name: The Kingdom of Norway
Sovereign Status: Sovereign Country
Government Type: Parliamentary Constitutional Monarchy
Official Name (Local Language): Kongeriket Norge
ISO Country Codes: NO : NOR
Internet Domain: .no
Government Web Site: https://www.regjeringen.no/
Capital: Oslo Main Airports: Oslo Airport, Gardermoen, Trondheim Airport, Værnes
Language(s): Norwegian Population: 5,509,591
Currency: Norwegian Kroner ISO Currency Code: NOK
Telephone Dial In: +47 ID Prefix: 00




Norway

Government Website: https://www.regjeringen.no/
Sovereign Ratings: https://countryeconomy.com/ratings/norway
Central Bank: Norges Bank
Currency USD Exchange Rate: 8.81535 Norwegian kroner (NOK) per US dollar (2020 est.)
Unemployment Rate: 3.72% (2019 est.)
Population below poverty line: NA
Inflation Rate: 2.1% (2019 est.)
Prime Lending Rate: 2.89% (31-Dec-17 - Photius)
GDP: $405.695 billion (2019 est.)
GDP Pro Capita (PPP): $63,633 (2019 est.)
Currency Name: Norwegian Kroner
Currency Code: NOK
World Bank Classification: High Income

GDP Composition:

Agriculture: 1.8% barley, wheat, potatoes; pork, beef, veal, milk; fish
Industry: 34.7% petroleum and gas, shipping, fishing, aquaculture, food processing, shipbuilding, pulp and paper products, metals, chemicals, timber, mining, textiles
Services: 63.5%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Commodities Exchange: NASDAQ OMX Commodities Europe ; Nord Pool Spot ; Stock & Securities Exchange: Oslo Stock Exchange ;

National Statistics Office:


Norway


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): English; Norwegian
Customs & Excise: Norwegian Tax Administration
Development Bank(s): The Social Development Bank in Europe; The Norwegian Investment Fund for Developing Countries;
National Standards Bureau: Standards Norway
Competitive Ind’l Performance: 17/141 (2019) Corruption Perceptions Index: 7/180 (2020)
Ease of Doing Business: 9/190 (2019) Enabling Trade Index: 17/136 (2016)
Global Trade Alert Search ITC's Lega Carta
World Bank Logistics Performance Index



Export Credit & Insurance Show

Export Credit Agency: Eksportfinans ; Export Credit Norway ; Export Insurance Agency: Garantiinstituttet for Eksportkreditt ;

Investment & Export Promotion Show

Export Promotion Agency: Norway Exports ;