Norway Economic Statistics and Indicators

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Country: Norway
National or Regional Currency: Norwegian Krone, NOK
Year of data: 1994 › Change year
Date of Last Update: 17th March 2015
Area: total: 323,802 sq km ; land: 304,282 sq km ; water: 19,520 sq km
Natural Resources: petroleum, natural gas, iron ore, copper, lead, zinc, titanium, pyrites, nickel, fish, timber, hydropower
Capital: name: Oslo ; geographic coordinates: 59 55 N, 10 45 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
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GDP (Constant Prices, National Currency) for Norway in year 1994 is NOK 2,017.54 Billion.

GDP Growth (Constant Prices, National Currency) for Norway in year 1994 is 5.055 %.

GDP (Current Prices, National Currency) for Norway in year 1994 is NOK 897.243 Billion.

GDP (Current Prices, US Dollars) for Norway in year 1994 is US$ 127.094 Billion.

GDP Deflator for Norway in year 1994 is 44.472 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Norway in year 1994 is NOK 463,972.12 .

GDP Per Capita (Current Prices, National Currency) for Norway in year 1994 is NOK 206,338.18 .

GDP Per Capita (Current Prices, US Dollars) for Norway in year 1994 is US$ 29,227.80 .

Output Gap, Percent of Potential GDP for Norway in year 1994 is -0.995 %.

GDP (PPP), US Dollars for Norway in year 1994 is US$ 151.508 Billion.

GDP Per Capita (PPP), US Dollars for Norway in year 1994 is US$ 34,842.19 .

GDP Share of World Total (PPP) for Norway in year 1994 is 0.424 %.

Implied PPP Conversion Rate for Norway in year 1994 is 5.922 .

Investment (% of GDP) for Norway in year 1994 is 22.926 %.

Gross National Savings (% of GDP) for Norway in year 1994 is 25.865 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Norway in year 1994 is 71.385 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Norway in year 1994 is 1.397 %.

Inflation, End of Year (Indexed to Year 2000) for Norway in year 1994 is 71.012 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Norway in year 1994 is 1.87 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Norway in year 1994 is 5.815 %.

Import Volumes of Goods Only (Percent Change) for Norway in year 1994 is 9.168 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Norway in year 1994 is 8.43 %.

Export Volumes of Goods Only (Percent Change) for Norway in year 1994 is 10.904 %.

Unemployment Rate (% of Labour Force) for Norway in year 1994 is 5.393 %.

Employment for Norway in year 1994 is 2.035 Million .

Population for Norway in year 1994 is 4.348 Million .

General government revenue (National Currency) for Norway in year 1994 is NOK 447.345 Billions.

General government revenue (% of GDP) for Norway in year 1994 is 49.858 %.

General government total expenditure (National Currency) for Norway in year 1994 is NOK 446.928 Billions.

General government total expenditure (% of GDP) for Norway in year 1994 is 49.811 %.

Total Government Net Lending/ Borrowing (National Currency) for Norway in year 1994 is NOK 0.417 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Norway in year 1994 is 0.046 %.

General Government Structural Balance (National Currency) for Norway in year 1994 is NOK -51.893 Billion.

General Government Structural Balance (% Potential GDP) for Norway in year 1994 is -8.323 %.

Fiscal Year Gross Domestic Product, Current Prices for Norway in year 1994 is NOK 897.243 Billions.

Current Account Balance (US Dollars) for Norway in year 1994 is US$ 3.735 Billion.

Current Account Balance (% GDP) for Norway in year 1994 is 2.939 %.