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  1. Highly developed mixed economy
    The economy of Norway is a highly developed mixed economy with state-ownership in strategic areas. Although sensitive to global business cycles, the economy of Norway has shown robust growth since the start of the industrial era.

    Economy of Norway - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Norway
    Norway has a very open economy, with trade representing 71% of GDP (World Bank, latest data available). Traditionally, the country exports energy-intensive products and imports high-technology items. Norway is among the top 20 exporters of oil and the second-largest natural gas and seafood exporter in the world.

    Economic and political overview in Norway

    international.groupecreditagricole.com/en/internatio…
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    Wikipedia
    https://en.wikipedia.org › wiki › Economy_of_Norway

    Economy of Norway - Wikipedia

    The economy of Norway is a highly developed mixed economy with state-ownership in strategic areas. Although sensitive to global business cycles, the economy of Norway has shown robust growth since the start of the industrial era. The country has a very high standard of living compared with other … See more

    History

    Pre–industrial revolution
    Norway was the poorest of the three Scandinavian kingdoms (the others being Denmark and Sweden) during the Viking Age. See more

    Economic structure and sustained growth

    The emergence of Norway as an oil-exporting country has raised a number of issues for Norwegian economic policy. There has been … See more

    See also

    • Economy of Europe
    • Nordic model See more

    References and further reading

    • Aldridge, Susan (1 June 2008), "Norway's Oncology Efforts are Coalescing", Genetic Engineering & Biotechnology News, … See more

    State ownership role image
    Overview image
    State ownership role

    The Norwegian state maintains large ownership positions in key industrial sectors concentrated in natural resources and strategic industries such as the strategic petroleum sector (Equinor), hydroelectric energy production (Statkraft), aluminum production ( See more

    Agriculture of Norway

    Pest control
    Pesticide usage information for the entire country is available from Statistics Norway. See more

    External links

    • Economic history of Norway Archived 28 October 2013 at the Wayback Machine, EH.Net Encyclopedia of Economic and Business History, 16 March 2008 article by business historian Ola Honningdal Grytten, professor at NHH
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    Agriculture of Norway
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  3. FocusEconomics
    https://www.focus-economics.com › countries › norway

    Norway Economy: GDP, Inflation, CPI & Interest Rates

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    Economy
    Norway
  5. OECD
    https://www.oecd.org › en › publications

    OECD Economic Surveys: Norway 2024

    A report on Norway's economy, covering growth, inflation, fiscal and monetary policy, productivity, climate change, and public spending. The report provides policy recommendations and projections for 2024 and beyond.

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    Survey methodology
    Economics
  6. International Trade Administration
    https://www.trade.gov › ... › norway-market-overview

    Norway - Market Overview - International Trade Administration

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    Economic Indicators
    Norway Free Market
    Financial Markets of Norway
  7. People also ask
    Does Norway have a good economy?
    It also channels the world’s largest sovereign wealth fund, which manages its oil and gas revenues, into long-term economic planning. Norway has managed to translate economic growth into high and rising living standards, with a GDP per capita of $89,741, well above the average of $44,656 for 30 advanced economies covered in our report.

    Lessons from Norway, the world’s most inclusive economy

    weforum.org
    Why is Norway's economy slowing?
    Norway’s economy is slowing as inflation and higher interest rates weigh on consumption and investment. The labour market is tight and wage growth robust, while labour shortages and job mismatches are high and rising. Inflation is falling but still way above the target of 2%. The fiscal stance is expansionary.

    OECD Economic Surveys: Norway 2024

    oecd.org
    How did Norway's economy perform in Q3?
    From end-2012 to end-2022 the krone weakened by 43.4% vs the U.S. dollar. Norway's seasonally adjusted GDP fell 1.8% quarter on quarter in Q3 (Q2: +2.0 s.a. qoq)—the worst print since Q2 2020—due to gas facilities maintenance. Conversely, the mainland economy grew by 0.5% (Q2: +0.3% s.a. qoq), beating both market and Norges Bank projections.

    Norway Economy: GDP, Inflation, CPI & Interest Rates - FocusEconomics

    focus-economics.com
    How did Norway's economy grow in 2022?
    Total exports were worth USD 276 billion in 2022, while total imports were USD 106 billion. The economy recorded average annual growth of 1.7% in the decade to 2022. To read more about GDP growth in Norway, go to our Norway's fiscal surplus averaged 8.8% of GDP in the decade to 2022.

    Norway Economy: GDP, Inflation, CPI & Interest Rates - FocusEconomics

    focus-economics.com
    Is Norway still a productive country?
    Source: OECD, National Accounts database. Labour productivity growth, at 0.5%, remains below the OECD average, although Norway is still one of the most productive countries. Stronger and more relevant skills could reinvigorate productivity growth. Shortages of skilled labour have become more acute, notably in the technical and health sectors.

    OECD Economic Surveys: Norway 2024

    oecd.org
    Is Norway a rich country?
    • Norway is a modern, energy-rich country with a population of 5.5 million. It is considered one of the world’s wealthiest countries with a GDP per capita of USD 106,148. Incomes are also more evenly distributed, making every person a consumer. • Norway is located in Northern Europe and is part of the Scandinavian Peninsula.

    Norway - Market Overview - International Trade Administration

    trade.gov
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  8. The Economist Intelligence Unit
    https://country.eiu.com › norway

    Norway Economy, Politics and GDP Growth Summary - The …

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    Economy
    Economist Intelligence Unit
  9. The World Economic Forum
    https://www.weforum.org › stories › less…

    Lessons from Norway, the world’s most inclusive …

    Apr 12, 2017 · Norway tops the World Economic Forum's index of inclusive economies, with low income inequality, high living standards and broad-based growth. Learn how it achieves this through policies that support education, …

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    Economy
    World
  10. Statista
    https://www.statista.com › topics › norway

    Norway - Statistics & Facts | Statista

    Jul 3, 2024 · Explore data and trends on Norway's economy, politics, society, and more. Learn about the country's GDP, employment, life expectancy, urbanization, and rural support.

    Employment in NorwayNov 5, 2020
    Fish and seafood industry in NorwaySep 9, 2020
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    Norway
  11. Nordea
    https://www.nordea.com › en › news › good-times-in-sight...

    Good times in sight for Norway's economy - Nordea

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    Economy
    Norway
  12. Wikipedia
    https://en.wikipedia.org › wiki › Norway

    Norway - Wikipedia

    Norway is a Nordic country with a population of 5.5 million and a high GDP per capita. It has a constitutional monarchy, a parliamentary system, and a mixed economy with a large oil and gas sector.

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    Norway Free Market
    Jan Mayen
  13. worldbank.org
    https://prosperitydata360.worldbank.org › en › economy › NOR

    Norway | Economy Profile | Prosperity Data360 - World Bank

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    Economic Indicators
    Samriddhi