Economy

Economy of Norway

Currency 1 Norwegian krone (NOK) = 100 øre
Fiscal year Calendar year
Trade organisations OECD, WTO, European Economic Area and others
Statistics
GDP $276.5 billion (2009 est.)
GDP growth -1.1% (2009 est.)
GDP per capita $53,269 (2009[update] est.) (PPP) (3rd)
GDP by sector agriculture: 2.2%; industry: 45.1%; services: 52.7% (2009 est.)
Inflation (CPI) 2.3% (2009 est.)
Gini index 25 (2008)
Labour force 2.6 million (2009 est.)
Labour force
by occupation agriculture: 2.9%; industry: 21.1%; services: 76% (2008)
Unemployment 3.2% (2009 est.)
Main industries petroleum and natural gas, food processing, shipbuilding, pulp and paper products, metals, chemicals, timber, mining, textiles, fishing
External
Exports $122 billion (2009 est.)
Export goods petroleum and petroleum products, machinery and equipment, metals, chemicals, ships, fish
Main export partners United Kingdom 27%, Germany 12.8%, Netherlands 10.4%, France 9.4%, Sweden 6.5%, United States 4.5% (2008)
Imports $64.5 billion (2009 est.)
Import goods machinery and equipment, chemicals, metals, foodstuffs
Main import partners Sweden 14.3%, Germany 13.4%, Denmark 6.8%, China 6.4%, United Kingdom 5.9%, United States 5.4%, Netherlands 4.1% (2008)
FDI stock $93.88 billion (31 December 2009 est.)
Gross external debt $548.1 billion (30 June 2009)