Indicators of economy in Norway

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Norway reached 67.330 US dollars per inhabitant, or 362.20 bn US Dollar in the whole country. Norway is therefore currently ranked 31 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Norway is in the list of the world's richest countries in place 11.

Inflation in Norway was in 2021 at around 3.48%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 23.8% higher.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


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