http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/norway/gdp-growthThe Gross Domestic Product (GDP) in Norway expanded 1.10 percent in the first quarter of 2012 over the previous quarter. Historically, from 1978 until 2012, Norway GDP Growth Rate averaged 0.6100 Percent reaching an all time high of 4.8300 Percent in September of 1979 and a record low of -3.0800 Percent in September of 1987. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. The Norwegian economy features a combination of free market activity and government intervention. The government controls key areas, such as the vital petroleum sector, through large-scale state enterprises. The country is richly endowed with natural resources - petroleum, hydropower, fish, forests, and minerals - and is highly dependent on the petroleum sector, which accounts for nearly half of exports and over 30% of state revenue. This page includes a chart with historical data for Norway GDP Growth Rate.Statistics NorwayTue, 22 May 2012 11:22:00 GMThttp://www.tradingeconomics.com/norway/gdp-growth-annualThe Gross Domestic Product (GDP) in Norway expanded 4.30 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 1979 until 2012, Norway GDP Annual Growth Rate averaged 2.4200 Percent reaching an all time high of 7.7600 Percent in March of 1994 and a record low of -2.2000 Percent in June of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Norway GDP Annual Growth Rate.Statistics NorwayTue, 22 May 2012 11:20:00 GMThttp://www.tradingeconomics.com/norway/current-account-to-gdpNorway reported a Current Account surplus of 14.60 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, Norway Current Account to GDP averaged 6.8000 Percent reaching an all time high of 17.8000 Percent in December of 2008 and a record low of -6.1000 Percent in December of 1986. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Norway Current Account to GDP.Statistics NorwayMon, 21 May 2012 18:25:00 GMThttp://www.tradingeconomics.com/norway/government-debt-to-gdpNorway recorded a Government Debt to GDP of 43.70 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, Norway Government Debt To GDP averaged 40.4700 Percent reaching an all time high of 55.4000 Percent in December of 2006 and a record low of 28.9000 Percent in December of 1990. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Norway Government Debt To GDP.Statistics NorwayMon, 21 May 2012 18:23:00 GMThttp://www.tradingeconomics.com/norway/government-budgetNorway reported a Government Budget surplus equal to 13.60 percent of the country's Gross Domestic Product in 2011. Historically, from 2000 until 2011, Norway Government Budget averaged 13.4300 Percent of GDP reaching an all time high of 19.1000 Percent of GDP in December of 2008 and a record low of 7.3000 Percent of GDP in December of 2003. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Norway Government Budget.Statistics NorwayMon, 21 May 2012 18:22:00 GMThttp://www.tradingeconomics.com/norway/current-accountNorway reported a current account surplus equivalent to 113 Billions NOK in the fourth quarter of 2011. Historically, from 1981 until 2011, Norway Current Account averaged 30424.4700 Million NOK reaching an all time high of 112932.0000 Million NOK in December of 2011 and a record low of -16087.0000 Million NOK in June of 1986. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Norway Current Account.Statistics NorwayMon, 21 May 2012 18:21:00 GMThttp://www.tradingeconomics.com/norway/business-confidenceIn Norway, business confidence improved to 9.1 in the first quarter of 2012 from 6.4 in the fourth quarter of 2011. Historically, from 1990 until 2012, Norway Business Confidence averaged 3.6900 reaching an all time high of 19.5000 in December of 2006 and a record low of -23.0000 in December of 2008. In Norway, Industrial confidence indicator (ICI) Business tendency survey is the arithmetic average of the responses (balances) to the questions on production expectations, total stock of orders and inventories of own products. The indicator is a guide to the level of industrial production since: an expected rise in the level of output gives signals of increased production in the forthcoming quarter; an increase in the total stock of orders indicates a higher level of production due to the future fulfillment of these orders; an increase in the inventories of own products indicates slow sales and reduced activity. This page includes a chart with historical data for Norway Business Confidence.Statistics NorwayThu, 17 May 2012 17:30:00 GMThttp://www.tradingeconomics.com/norway/consumer-confidenceIn Norway, consumer confidence improved to 15.5 in the first quarter of 2012 from 18.6 in the fourth quarter of 2011. Historically, from 1992 until 2012, Norway Consumer Confidence averaged 19.2900 reaching an all time high of 34.9000 in March of 1997 and a record low of -17.4000 in September of 1992. In Norway, the Finance Norway and TNS Gallup consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes a chart with historical data for Norway Consumer Confidence.Finance Norway (FNO) & TNS GallupThu, 17 May 2012 17:23:00 GMThttp://www.tradingeconomics.com/norway/balance-of-tradeNorway reported a trade surplus equivalent to 38.4 Billion NOK in April of 2012. Historically, from 1976 until 2012, Norway Balance of Trade averaged 10147.7000 Million NOK reaching an all time high of 46419.0000 Million NOK in March of 2012 and a record low of -5680.0000 Million NOK in April of 1986. Foreign trade amounts to approximately 37 per cent of Norway’s GDP. Norway exports seafood, crude oil, light metals, ship equipment and maritime services. The country imports mainly machinery and equipment, chemicals, metals, and foodstuffs. European Union is by far its largest trading partner (U.K. Germany), accounting for about 81% of exports and 69% of imports. This page includes a chart with historical data for Norway Balance of Trade.Statistics NorwayTue, 15 May 2012 12:29:00 GMThttp://www.tradingeconomics.com/norway/importsNorway imports were worth 37.4 Billion NOK in April of 2012. Historically, from 1976 until 2012, Norway Imports averaged 19218.7900 Million NOK reaching an all time high of 57220.4000 Million NOK in March of 2011 and a record low of 3480.0000 Million NOK in July of 1978. Norway imports mainly machinery and equipment, chemicals, metals, and foodstuffs. Its major import partners are: European Union members (Sweden, Germany, UK, Denmark), China and Canada. This page includes a chart with historical data for Norway Imports.Statistics NorwayTue, 15 May 2012 12:28:00 GMThttp://www.tradingeconomics.com/norway/exportsNorway exports were worth 75.8 Billion NOK in April of 2012. Historically, from 1976 until 2012, Norway Exports averaged 29365.8100 Billion NOK reaching an all time high of 88905.0000 Billion NOK in March of 2012 and a record low of 2867.0000 Billion NOK in January of 1976. Foreign trade amounts to approximately 37 per cent of Norway’s GDP. Norway is currently among the world’s top five exporters in the seafood, crude oil and shipping services sectors, and has significant market shares in the light metals and ship equipment sectors, as well as in a number of maritime services such as classification, consulting and marine insurance. Leading export markets are United Kingdom and Germany. This page includes a chart with historical data for Norway Exports.Statistics NorwayTue, 15 May 2012 12:27:00 GMThttp://www.tradingeconomics.com/norway/interest-rateThe benchmark interest rate in Norway was last reported at 1.50 percent. Historically, from 1991 until 2012, Norway Interest Rate averaged 4.8400 Percent reaching an all time high of 11.0000 Percent in September of 1992 and a record low of 1.2500 Percent in June of 2009. In Norway, interest rates decisions are taken by Central Bank of Norway (Norges Bank). The official interest rate is the key policy rate. This page includes a chart with historical data for Norway Interest Rate.Norges BankThu, 10 May 2012 15:11:00 GMThttp://www.tradingeconomics.com/norway/inflation-cpiThe inflation rate in Norway was recorded at 0.30 percent in April of 2012. Historically, from 1980 until 2012, Norway Inflation Rate averaged 4.1000 Percent reaching an all time high of 15.1000 Percent in January of 1981 and a record low of -1.8000 Percent in January of 2004. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Norway Inflation Rate.Statistics NorwayThu, 10 May 2012 12:14:00 GMThttp://www.tradingeconomics.com/norway/industrial-productionIndustrial Production in Norway increased 2.40 percent in March of 2012. Historically, from 1991 until 2012, Norway Industrial Production averaged 2.2400 Percent NOK reaching an all time high of 46.9000 Percent NOK in August of 1992 and a record low of -18.1000 Percent NOK in August of 1998. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Norway Industrial Production.Statistics NorwayTue, 08 May 2012 11:12:00 GMThttp://www.tradingeconomics.com/norway/unemployment-rateThe unemployment rate in Norway was last reported at 3.2 percent in March of 2012. Historically, from 1997 until 2012, Norway Unemployment Rate averaged 3.4500 Percent reaching an all time high of 4.7000 Percent in July of 2005 and a record low of 2.3000 Percent in March of 2008. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Norway Unemployment Rate.Statistics NorwayFri, 04 May 2012 13:52:00 GMThttp://www.tradingeconomics.com/norway/retail-salesRetail Sales in Norway increased 1.00 percent in February of 2012 over the previous month. Historically, from 2000 until 2012, Norway Retail Sales averaged 0.2600 Percent reaching an all time high of 3.2000 Percent in May of 2000 and a record low of -5.5000 Percent in June of 2000. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Norway Retail Sales.EurostatThu, 05 Apr 2012 15:43:00 GMThttp://www.tradingeconomics.com/norway/retail-sales-annualRetail Sales in Norway increased 7.00 percent in February of 2012 over the same month in the previous year. Historically, from 2001 until 2012, Norway Annual Retail Sales averaged 3.2000 Percent reaching an all time high of 8.4000 Percent in March of 2007 and a record low of -2.3000 Percent in May of 2001. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Norway Annual Retail Sales.EurostatFri, 30 Mar 2012 11:56:00 GMThttp://www.tradingeconomics.com/norway/gdp-per-capitaThe Gross Domestic Product per capita in Norway was last reported at 40128.05 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Norway is equivalent to 324 percent of the world's average. Historically, from 1960 until 2010, Norway GDP per capita averaged 25778.8100 USD reaching an all time high of 41900.7900 USD in December of 2007 and a record low of 10696.6900 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Norway GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/norway/gdp-per-capita-pppThe Gross Domestic Product per capita in Norway was last reported at 56691.96 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Norway, when adjusted by Purchasing Power Parity is equivalent to 258 percent of the world's average. Historically, from 1980 until 2010, Norway GDP per capita PPP averaged 28650.9100 USD reaching an all time high of 60489.8400 USD in December of 2008 and a record low of 9555.0800 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Norway GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/norway/population Historically, from 1960 until 2010, Norway Population averaged 4.1800 Million reaching an all time high of 4.9400 Million in December of 2010 and a record low of 3.5800 Million in December of 1960. The total population in Norway was last reported at 4.9 million people in 2010 from 3.6 million in 1960, changing 38 percent during the last 50 years. Norway has 0.07 percent of the world´s total population which means that one person in every 1397 people on the planet is a resident of Norway. This page includes a chart with historical data for Norway's Total Population. This page includes a chart with historical data for Norway Population.World BankFri, 28 Oct 2011 13:56:00 GMT