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Norway [+]Compare [E]dit [H]istory

Aliases: Kingdom of Norway, Kongeriket Norge, Norge

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Object «Norway» has attributes

Attribute Value
Geography
Area 323,802 km²
Continent Europe
Land area 304,282 km²
Water area 19,520 km²
Land boundaries 2,566 km
Border countries
  • Finland
  • Russia
  • Sweden
Coastline 25,148 km
Mean elevation 460 m
Lowest point 0 m
Highest point 2,469 m
People
Population 5,467,439
Official languages
  • Bokmal Norwegian
  • Nynorsk Norwegian
Religion Church of Norway
Government
Long country name Kingdom of Norway
Short country name Norway
Long local name Kongeriket Norge
Short local name Norge
Former name Add
Government type Parliamentary constitutional monarchy
Capital Oslo
Economy
GDP (PPP) 381,200,000,000 USD
GDP (OER) 398,800,000,000 USD
GDP (real growth rate) 1.9 %
GDP - per capita (PPP) 72,100 USD
Gross national saving 34.3 % of GDP
Labor force 2,797,000
Unemployment rate 4.2 %
Population below poverty line Add
Budget revenues 217,100,000,000 USD
Budget expenditures 199,500,000,000 USD
Military expenditures 1.8 % of GDP
Taxes and other revenues 54.4 % of GDP
Budget surplus or deficit 4.4 % of GDP
Public debt 36.5 % of GDP
Inflation rate 1.9 %
Central bank discount rate 6.25 %
Commercial bank prime lending rate 2.89 %
Stock of narrow money 237,700,000,000 USD
Stock of broad money 237,700,000,000 USD
Stock of domestic credit 640,400,000,000 USD
Market value of publicly traded shares 193,900,000,000 USD
Current account balance 22,010,000,000 USD
Exports 102,800,000,000 USD
Imports 95,060,000,000 USD
Reserves of foreign exchange and gold 65,920,000,000 USD
External debt 642,300,000,000 USD
National currency Norwegian kroner
National currency (code) NOK
National currency (symbol) kr
National currency rate to USD 8.308

Two centuries of Viking raids into Europe tapered off following the adoption of Christianity by King Olav TRYGGVASON in 994; conversion of the Norwegian kingdom occurred over the next several decades. In 1397, Norway was absorbed into a union with Denmark that lasted more than four centuries. In 1814, Norwegians resisted the cession of their country to Sweden and adopted a new constitution. Sweden then invaded Norway but agreed to let Norway keep its constitution in return for accepting the union under a Swedish king. Rising nationalism throughout the 19th century led to a 1905 referendum granting Norway independence. Although Norway remained neutral in World War I, it suffered heavy losses to its shipping. Norway proclaimed its neutrality at the outset of World War II, but was nonetheless occupied for five years by Nazi Germany (1940-45). In 1949, Norway abandoned neutrality and became a member of NATO. Discovery of oil and gas in adjacent waters in the late 1960s boosted Norway's economic fortunes. In referenda held in 1972 and 1994, Norway rejected joining the EU. Key domestic issues include immigration and integration of ethnic minorities, maintaining the country's extensive social safety net with an aging population, and preserving economic competitiveness.

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