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norway gdp rank

Such fluctuations may cha… Norway's modern manufacturing and welfare system rely on a financial reserve produced by exploitation of natural resources, particularly North Sea oil. The Climate Change Knowledge Portal is a hub of information, data and reports about climate change around the world. Explore raw data about the World Bank's finances - slice and dice datasets; visualize data; share it with other site users or through social networks; or take it home with a mobile app. International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Norway gdp per capita for 2016 was $70,459, a 5.24% decline from 2015. The U.S has been the global leader since 1871, but China may soon change that with its amazing growth. Norway gdp per capita for 2019 was $75,420, a 7.73% decline from 2018. Gross domestic product (GDP), total (2011 PPP $ billions) n.a. GDP Annual Growth Rate in Norway averaged 2.46 percent from 1979 until 2020, reaching an all time high of 10.20 percent in the first quarter of 1980 and a record low of -4.70 percent in the second quarter of 2020. Latest official GDP figures published by the World Bank. Search, browse and map more than 10,000 projects from 1947 to the present. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Download historical data for 20 million indicators using your browser. Direct access to our calendar releases and historical data. Its overall score has decreased by 1.1 points due primarily to a decline in the investment freedom score. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. In 2019, the country experienced a high jump to a GDP value of 86,362 USD. Its overall score has increased by 1.1 points, led by a higher score for government integrity. Publish your articles and forecasts in our website. Ireland is ranked 2nd among 45 countries in the Europe region, and its overall score is well above the regional and world averages. Additionally, France ranks 5th in the Fortune Global 500 behind the United States, China, Japan, and Germany with 28 of the 500 biggest companies. Estonia is ranked 5th among 45 countries in the Europe region, and its overall score is well above the regional and world averages. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Its overall score has increased by 1.7 points, led by improvements in scores for government integrity and fiscal health. Norway gdp per capita for 2017 was $75,497, a 7.15% increase from 2016. Components of the GDP on the expenditure side: household consumption (41 percent), gross fixed capital formation (24 percent) and government expenditure (22 percent). The Trading Economics Application Programming Interface (API) provides direct access to our data. The ranking on each topic is the simple average of the percentile rankings on its component indicators. The gross domestic product (GDP) measures of national income and output for a given country's economy. This page provides the latest reported value for - Norway GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic … Here you can query, map, compare, chart and summarize key climate-related information. Switzerland. Norway gdp per capita for 2018 was $81,734, a 8.26% increase from 2017. Macao SAR and Norway would declined by one place to 4th and 5th position. No claims are made regarding the accuracy of Norway Economy 2020 information contained here. This site uses cookies to optimize functionality and give you the best possible experience. Canada is ranked 1st among 32 countries in the Americas region, and its overall score is well above the regional and world averages. Its overall score has increased by 0.5 point due primarily to an increase in the score for government integrity. Labour share of GDP, comprising wages and social protection transfers (%) n.a. Gross fixed capital formation (% of GDP) n.a. To learn more about cookies, click here. Income index: n.a. Online tool for visualization and analysis. United States would replace Ireland to claim 7th rank. Gross domestic product (GDP) per capita (2011 PPP $) n.a. Get updates on the ongoing policy battles in Washington and around the country. Many of the states of the United States have large gross domestic product (called gross state product) which would rank highly on a list of countries world GDP. Read More About New ZealandNew Zealand’s economic freedom score is 84.1, making its economy the 3rd freest in the 2020 Index. The economy of Norway is a highly developed mixed economy with state-ownership in strategic areas. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Read More About AustraliaAustralia’s economic freedom score is 82.6, making its economy the 4th freest in the 2020 Index. Norway from The World Bank: Data. Read More About EstoniaEstonia’s economic freedom score is 77.7, making its economy the 10th freest in the 2020 Index. Area Exports of goods and services account for 38 percent of GDP while imports account for 30 percent, adding 8 percent of total GDP. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The Trading Economics Application Programming Interface (API) provides direct access to our data. Read More About IrelandIreland’s economic freedom score is 80.9, making its economy the 6th freest in the 2020 Index. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. The Gross Domestic Product (GDP) in Norway contracted 4.70 percent in the second quarter of 2020 over the same quarter of the previous year. This site uses cookies to optimize functionality and give you the best possible experience. © 2020 by The Heritage Foundation. The GDP value of Norway represents 0.34 percent of the world economy. Norway gdp per capita for 2016 was $70,459, a 5.24% decline from 2015. Norway is one of the wealthiest countries in the world. The Gross Domestic Product (GDP) in Norway was worth 403.34 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. Read More About CanadaCanada’s economic freedom score is 78.2, making its economy the 9th freest in the 2020 Index. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Read More About United KingdomThe United Kingdom’s economic freedom score is 79.3, making its economy the 7th freest in the 2020 Index. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. World Bank national accounts data, and OECD National Accounts data files. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Norway gdp per capita for 2017 was $75,497, a 7.15% increase from 2016. Latest official GDP figures published by the World Bank. Norway Producer Prices Fall the Least in 7 Months, Norway Industrial Output Rises the Most in Near 3 Years, Norway House Prices Rise the Most in Over 3 Years, Norway Domestic Loan Debt Growth Strongest in 5 Months, Norway Retail Sales Fall for 1st Time in 5 Months, Norway Household Consumption Drops for 1st Time in 5 Months, South Korean Shares Fall for Fourth Session, EU New Passenger Car Registrations Rise for 1st Time in 2020, Australian Shares Retreat from 7-month Highs, New Zealand Shares Ease From All-Time Highs, Singapore Exports Rise Less than Expected, South Korea Unemployment Rate Jumps to 3.9%. See how Norway ranks in US News Best Countries. Read More About Hong KongHong Kong’s economic freedom score is 89.1, making its economy the 2nd freest in the 2020 Index. The country has a very high standard of living compared with other European countries, and a strongly integrated welfare system. Its overall score has increased by 0.4 point due to improvements in government integrity and fiscal health. Population figures based on United Nations data. Read More About SwitzerlandSwitzerland’s economic freedom score is 82.0, making its economy the 5th freest in the 2020 Index. Australia is ranked 4th among the 42 countries in the Asia–Pacific region, and its overall score is substantially higher than the regional and world averages. Switzerland is ranked 1st among 45 countries in the Europe region, and its overall score is well above the regional and world averages. Compare two countries using any of the measures in the Index. The Climate Change Knowledge Portal is a hub of information, data and reports about climate change around the world. Publish your articles and forecasts in our website. Hong Kong is ranked 2nd among 42 countries in the Asia–Pacific region, and its overall score is well above the regional and world averages. Gather all the stats about Budget... and more. Accor… Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). If you continue to navigate this website beyond this page, cookies will be placed on your browser. New Zealand is ranked 3rd among 42 countries in the Asia–Pacific region, and its overall score is well above the regional and world averages. Find Out, Online tool for visualization and analysis. All suggestions for corrections of any errors about Norway Economy 2020 should be addressed to the CIA or the source cited on each page. The GDP of Norway ranks as the second-largest in the world. Its overall score has increased by 0.1 point due to slightly higher scores for property rights and government integrity. Norway gdp per capita for 2019 was $75,420, a 7.73% decline from 2018. Gross national income (GNI) per capita (2011 PPP $), Employment to population ratio (% ages 15 and older), Carbon dioxide emissions, per capita (tonnes), Adult mortality rate, female (per 1,000 people), Adult mortality rate, male (per 1,000 people), Age-standardized mortality rates attributed to noncommunicable diseases, female, Age-standardized mortality rates attributed to noncommunicable diseases, male, Child malnutrition, stunting (moderate or severe) (% under age 5), Mortality rate, infant (per 1,000 live births), Infants lacking immunization, DPT (% of one-year-olds), Infants lacking immunization, measles (% of one-year-olds), Malaria incidence (per 1,000 people at risk), Tuberculosis incidence (per 100,000 people), Mortality rate, under-five (per 1,000 live births), Expected years of schooling, female (years), Expected years of schooling, male (years), Government expenditure on education (% of GDP), Gross enrolment ratio, pre-primary (% of preschool-age children), Gross enrolment ratio, primary (% of primary school-age population), Gross enrolment ratio, secondary (% of secondary school-age population), Gross enrolment ratio, tertiary (% of tertiary school-age population), Literacy rate, adult (% ages 15 and older), Percentage of primary schools with access to the internet, Percentage of secondary schools with access to the internet, Population with at least some secondary education (% ages 25 and older), Population with at least some secondary education, female (% ages 25 and older), Population with at least some secondary education, male (% ages 25 and older), Primary school dropout rate (% of primary school cohort), Primary school teachers trained to teach (%), Programme for International Student Assessment (PISA) score in mathematics, Programme for International Student Assessment (PISA) score in reading, Programme for International Student Assessment (PISA) score in science, Pupil-teacher ratio, primary school (number of pupils per teacher), Survival rate to the last grade of lower secondary general education (%), Domestic credit provided by financial sector (% of GDP), Gross domestic product (GDP) per capita (2011 PPP $), Gross domestic product (GDP), total (2011 PPP $ billions), Labour share of GDP, comprising wages and social protection transfers (%), Inequality-adjusted life expectancy index, Overall loss in HDI due to inequality (%), Adolescent birth rate (births per 1,000 women ages 15-19), Antenatal care coverage, at least one visit (%), Child marriage, women married by age 18 (% of women ages 20–24 years who are married or in union), Contraceptive prevalence, any method (% of married or in-union women of reproductive age, 15–49 years), Estimated gross national income per capita, female (2011 PPP $), Estimated gross national income per capita, male (2011 PPP $), Female share of employment in senior and middle management (%), Female shares of graduates in science, technology, engineering and mathematics programmes at tertiary level (%), Maternal mortality ratio (deaths per 100,000 live births), Prevalence of female genital mutilation/cutting among girls and women (% of girls and young women ages 15–49), Proportion of births attended by skilled health personnel (%), Share of employment in nonagriculture, female (% of total employment in nonagriculture), Share of graduates from science, technology, engineering and mathematics programmes in tertiary education who are female (%), Share of graduates from STEM programmes in tertiary education who are male (%), Share of seats in parliament (% held by women), Total unemployment rate (female to male ratio), Unmet need for family planning (% of married or in-union women of reproductive age, 15–49 years), Violence against women ever experienced, intimate partner (% of female population ages 15 and older), Violence against women ever experienced, nonintimate partner (% of female population ages 15 and older), Women with account at financial institution or with mobile money-service provider (% of female population ages 15 and older), Youth unemployment rate (female to male ratio), Employment in agriculture (% of total employment), Employment in services (% of total employment), Labour force participation rate (% ages 15 and older), Labour force participation rate (% ages 15 and older), female, Labour force participation rate (% ages 15 and older), male, Old-age pension recipients (% of statutory pension age population), Proportion of informal employment in nonagricultural employment (% of total employment in non-agriculture), Vulnerable employment (% of total employment), Youth not in school or employment (% ages 15-24), Homeless people due to natural disaster (average annual per million people), Refugees by country of origin (thousands), Suicide rate, female (per 100,000 people), Foreign direct investment, net inflows (% of GDP), Net official development assistance received (% of GNI), International inbound tourists (thousands), International student mobility (% of total tertiary enrolment), Internet users, female (% of female population), Mobile phone subscriptions (per 100 people), Carbon dioxide emissions (kg per 2010 US$ of GDP), Fossil fuel energy consumption (% of total energy consumption), Fresh water withdrawals (% of total renewable water resources), Mortality rate attributed to household and ambient air pollution (per 100,000 population), Mortality rate attributed to unsafe water, sanitation and hygiene services (per 100,000 population), Renewable energy consumption (% of total final energy consumption), Old-age (65 and older) dependency ratio (per 100 people ages 15-64), Sex ratio at birth (male to female births), Young age (0-14) dependency ratio (per 100 people ages 15-64), Average annual change in the share of bottom 40% (%), Overall loss in HDI value due to inequality, average annual change (%), Population using improved drinking-water sources (%), Population using improved sanitation facilities (%), Ratio of education and health expenditure to military expenditure, Research and development expenditure (% of GDP), Rural population with access to electricity (%), Total debt service (% of exports of goods, services and primary income), Population in multidimensional poverty, headcount (%), Contribution of deprivation in education to the Multidimensional Poverty Index, Contribution of deprivation in health to the Multidimensional Poverty Index, Contribution of deprivation in standard of living to the Multidimensional Poverty Index, Population in multidimensional poverty, headcount (thousands) (for the year of survey), Population in multidimensional poverty, headcount (thousands) (projection for 2017), Population in multidimensional poverty, intensity of deprivation (%), Population in severe multidimensional poverty (%), Population living below income poverty line, PPP $1.90 a day (%), Population living below income poverty line, national poverty line (%), Population vulnerable to multidimensional poverty (%), Working poor at PPP$3.10 a day (% of total employment).

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