
Islamic Finance FAQ: A Global Finance Series
Islamic finance is a fast-growing $2 trillion industry, yet many finance professionals do not know halal from haram. Global Finance's series on Islamic finance explains.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Norway economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Norway best banks and safest banks are also available.
Money cannot buy happiness—at least six other factors are critical for nations to have happy people.
USD 57.5 billion (2015)
International Monetary Fund (IMF), data retrieved January 2017
USD 392.7 billion (2017, estimate)
Intl$ 377.0 billion (2017, estimate)
2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
2.4% | 2.9% | 0.4% | -1.6% | 0.6% | 1% | 2.8% |
2013 | 2014 | 2015 | 2016* | 2017* | ||
1% | 2.2% | 1.6% | 0.8% | 1.2% |
*Estimate
USD 73,590.9 (2017, estimate)
1980 | 1990 | 2000 | 2010 | 2017* |
0.48% | 0.44% | 0.43% | 0.34% | 0.3% |
*Estimate
(2016 estimate)
1.7% (2014)
OECD, data retrieved January 2017
2013 | 2014 | 2015 | 2016* | 2017* |
2.1% | 2.0% | 2.2% | 3.2% | 2.3% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
3.5% | 3.5% | 4.4% | 4.7% | 4.5% |
*Estimate
2013 | 2014 | 2015* | 2016* | 2017* |
30.3% | 27.9% | 27.9% | 27.9% | 27.9% |
*Estimate
2013 | 2014 | 2015* | 2016* | 2017* |
10.5% | 8.4% | 5.5% | 3% | 3.2% |
*Estimate
Standard & Poor's: AAA
Moody's: Aaa
Standard & Poor's / Moody's (Updated as of January 24th 2017)
2013 | 2014 | 2015 |
USD 265.4 billion | USD 219.4 billion | USD 193.9 billion |
DNB, Statoil, Telenor, Yara International, Norsk Hydro, Gjensidige Forsikring, Storebrand, Orkla.
7.6% (2017 estimate)
37.4% (2015)
0.6% (2015)
0.8% (2015)
Petroleum and petroleum products, machinery and equipment, metals, chemicals, ships, fish
Machinery and equipment, chemicals, metals, foodstuffs
UK 22.2%, Germany 17.9%, Netherlands 10.2%, France 6.6%, Sweden 6.1%, Belgium 5%, US 4.5% (2015)
Sweden 12%, Germany 11.8%, China 10.9%, UK 6.7%, US 6.6%, Denmark 6% (2015)
2013 | 2014 | 2015 |
USD 3,949 million | USD 7,987 million | USD -4,239 million |
2013 | 2014 | 2015 |
USD 7,792 million | USD 18,254 million | USD 19,426 million |
2012 | 2013 | 2014 | 2015 |
USD 4190.9 million | USD -81.7 million | USD 5556.7 million | USD 1001.5 million |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 6 out of 190 countries (2017)
Subcategories:
Starting a business: 21 out of 190 countries
Enforcing Contracts: 4 out of 190 countries
Registering Property: 14 out of 190 countries
Getting Credit: 75 out of 190 countries
Protecting Minority Investors: 9 out of 190 countries
Trading Across Borders: 22 out of 190 countries
Paying Taxes: 26 out of 190 countries
Dealing with Construction Permits: 43 out of 190 countries
Getting Electricity: 12 out of 190 countries
Resolving Insolvency: 6 out of 190 countries
11 out of 138 countries
(2016-2017)
Ranking: 32 / Score: 70.81 (Mostly free) (2016)
(100=totally free 0=totally repressed)
Bokmal Norwegian (official), Nynorsk Norwegian (official), small Sami- and Finnish-speaking minorities
Note: Sami is an official language in nine municipalities
Church of Norway (Evangelical Lutheran - official) 82.1%, other Christian 3.9%, Muslim 2.3%, Roman Catholic 1.8%, other 2.4%, unspecified 7.5 (2011 est.)
1990 | 2000 | 2010 | 2016* | 2021* |
4.25 million | 4.501 million | 4.908 million | 5.263 million | 5.586 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
50% | 71% | 76% | 81% |
25.9 (2012)
(0=perfect equality, 100=absolute inequality)
Political Rights: 1
Civil Liberties: 1 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 18.37% Mobile 111.12% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)