Pages

57 pages

Published

July 2017

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

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Charting Economy team

Charting Economy™ team consists of editors, analysts, and researchers. For any questions and comments about this report, you can contact the chief editor directly at editor@chartingeconomy.com.

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TABLE OF CONTENT


Comprehensive View On The Economy

 

1.      Economic structure

Part of the country’s economic profile, economic structure section gives readers useful views to understand what matters for Norway’s economy.

KEY QUESTIONS ADDRESSED

  • What is the size of the Norway’s economy in relation to world’s major economies?
  • What is the size of Norway’s population?
  • What is the demographic structure of Norway? Is it favorable for economic growth?
  • How has the structure of Norway’s GDP changed over the years?
  • How much does the Norway’s economy rely on external trade?
  • What are the key regions for Norway’s economy?
  • How does economic freedom in Norway compare to others?

2.      Competitiveness

Part of the country’s economic profile, this section explores Norway’s competitiveness in the global level. It also covers the country’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • Which stage of economic development is the Norway’s economy in?
  • How has the labor productivity in Norway changed over the years and in relation with comparable countries?
  • How competitive is Norway?
  • How are Norway’s competitive factors compared to those of other countries?
  • Is it easy to do business in Norway?
  • How good is Norway in attracting Foreign Direct Investment?
  • What are most problematic factors in doing business in Norway?

3.      Economic development

Part of the country’s economic profile, this section explores Norway’s economic development, average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Norway?
  • Is unemployment the issue for Norway?
  • How is income distributed in Norway and how does it compare to others?
  • What is the current level of human development in Norway?
  • How has quality of life in Norway changed over the years?

4.      Economic growth

Part of the country’s economic outlook, this section explores Norway’s recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Norway’s economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for the Norway’s economy in the last year?
  • What were the source of growth for Norway’s economy in the last 5 quarters?
  • What is the growth outlook for Norway’s economy over the next 3 years and how does it compare with others?
  • How has the growth outlook for Norway changed over the past few months?

5.      Economic stability (Macro risks)

Part of the country’s economic outlook, this section explores Norway’s macro-economic risks, including inflation, financial sector, budget deficit as well as balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Norway and how does it compare with others?
  • How healthy is the Norway’s banking sector?
  • What is the fiscal risk in Norway?
  • What is the likelihood of raising tax?
  • What is the balance of payment risk for Norway?
  • How good is the country in getting foreign exchange by the mean of commerce?
  • What is the FX risk? How has the NOK performed compared to other currencies?

Appendix 1: Key Economic Projections 2016-2022

From IMF’s World Economic Outlook Report April 2017.

  • GDP growth
  • Inflation
  • Population
  • Unemployment rate
  • Government budget and debt
  • Current account

Appendix 2: DOING BUSINESS 2017

Detailed rankings and scores for Norway and comparable economies.

  • Starting a business
  • Dealing with construction permits
  • Getting electricity
  • Registering property
  • Getting credit
  • Protecting Minority Investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Resolving Insolvency