Norway Economic Indicators

Contents extracted from the comprehensive atlas of international trade by Export Entreprises

Economic forecasts - General economic indicators - Investments - Foreign Trade

Economic forecasts Indicators

Indicators	2006	2007
GDP (USD billion)	332.4	356.6
GDP (constant prices, annual % change)	2.4	2.8
GDP per capita (USD)	71673.8	76447.8
Inflation, consumer prices (annual % change)	2.3	2

Source : IMF - World Economic Outlook Databases

General economic indicators

Indicators	2003	2004	2005
GDP (USD billion) (1)	222.9	255.1	295.7
GDP (constant prices, annual % change) (1)	1.1	3.1	2.3
GDP per capita (USD) (1)	48788.3	55500.2	64192.7
Inflation, consumer prices (annual % change) (1)	2.5	0.4	1.6
Unemployment rate (%) (2)	4.4	4.4	..
External debt (USD billion) (3)	..	..	..
Official exchange rate per USD (period average) (3)	6.9574	6.7112	6.0881

Sources : (1) IMF - World Economic Outlook Databases,(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators

GDP per activity sector	2003	2004	2005
Agriculture and fishing (%)	1.5	1.6	..
Industry and mining (%)	37.7	39.4	..
Services (%)	60.8	59	..

Sources : World Bank - World Development Indicators

Investments

Foreign Direct Investments	2003	2004	2005	World rank (*) 2005
FDI inflows (USD million)	3484	2 473	3 413	105/141

Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index. It is a measure of the extend to which a host country receives inward FDI relative to its economic size. It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.

Foreign Trade

General indicators

Indicators (USD billion)	2003	2004	2005
Imports of goods	40.1	48.5	54.9
Export of goods	68.3	82.3	103.3
Trade balance	29.9	35.4	..
Current account	28.9	34.7	49.5

Sources : World Bank - World Development Indicators

Indicators (%)	2003	2004	2005
Share of foreign trade in GDP	69	73.3	..
Share of imports of goods and services in GDP	27.7	29.5	..
Share of exports of goods and services in GDP	41.3	43.7	..
Imports of goods and services (annual % change)	2.2	9	..
Exports of goods and services (annual % change)	1.6	1.3	..

Sources : World Bank - World Development Indicators

Trade in goods/services by major category

2004	Imports	Exports
Total Trade in Goods (USD billion):	48.5	82.3
Agricultural raw materials	1.8	0.6
Food products	7.2	5.6
Hydrocarbons	4.4	63.6
Manufactured products (chemicals, machines,...)	79.9	18.7
Ores and metals	6	7.1

2004	Imports	Exports
Total Trade in Services (USD billion):	22.9	25.4
Transport	34.7	56.8
Tourisme	36.6	11.6

Sources : World Bank - World Development Indicators

Trade Data, by HS Code :
Import Statistics	Export Statistics
Source : www.intracen.org, last available data

Trade by partner countries

Main clients (% of exports)
United Kingdom	24.4%
Germany	12.2%
Netherlands	9.7%
France	9.2%
USA	6.4%

Main suppliers (% of imports)
Sweden	14.4%
Germany	13.4%
Denmark	7.3%
United Kingdom	7.2%
China	5.6%

Sources : Comtrade, 2005.