Norway Economy

Introducing Norway. Development of Norway's economy. Norway GDP 1960. Norway GDP Growth Rate 1978. Economic sectors. A Fisheries. B Petroleum exploration and production. C Hydroelectric power. Economic structure and sustained growth. Conclusion. List of paper references.

Norwegians enjoy the second-highest GDP per-capita (after Luxembourg) and fourth-highest GDP (PPP) per-capita in the world. Today, Norway ranks as the second-wealthiest country in the world in monetary value, with the largest capital reserve per capita of any nation. According to the CIA World Factbook, Norway is a net external creditor of debt. Norway maintained first place in the world in the UNDP Human Development Index (HDI) for six consecutive years (2001–2006). The standard of living in Norway is among the highest in the world. Based on continued oil and gas exports, coupled with a healthy economy and substantial accumulated wealth, Norway is expected to continue as among the richest countries in the world in the foreseeable future.