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PESTLE Insights: Macroeconomic Outlook Report - Norway

  • ID: 4450387
  • Country Profile
  • January 2020
  • Region: Norway
  • 41 pages
  • GlobalData
1h Free Analyst Time

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  • DNB
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PESTLE Insights: Macroeconomic Outlook Report - Norway


Financial intermediation, real estate and business activities contributed 16.9% to gross value added (GVA) in 2019, followed by mining, manufacturing and utilities (10.0%), and wholesale, retail and hotels (9.4%), according to the author. In nominal terms, the three sectors are expected to grow by 3.9%, 3.6% and 3.6%, respectively, in 2020.

Four major regions in Norway generated 31.% of the country’s GDP and comprised 29.3% of the country’s population, as of 2018

FDI inflows have been witnessing a declining trend during the past four years (2014-2017), with mining and quarrying as the major FDI recipient sector

  • The government plans to allocate NOK75.4bn (US$8.3bn) to transportation infrastructure in 2020
  • Norway’s rank improved from 22nd in 2016 to 21st in 2018 (out of 160 countries) in the World Bank’s Logistics Performance Index (LPI)
  • The overall OSEAX (Oslo Bors All-Share Index) exhibited an increasing trend over the last year. As of December 23, 2019, the OSEAX stood at 1,035.7, compared to 905.1 on December 21, 2018.
Reasons to buy
  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
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  • DNB
  • Orkla
  • SpareBank
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  • Did You Know?
  • Country Highlights
  • Country Snapshot
  • PESTLE Insights
  • Political Landscape
  • Economic Landscape
  • Social Landscape
  • Technological Landscape
  • Legal Landscape
  • Environmental Landscape
  • Outlook
List of Figures
Exhibit 1: Norway’s Performance in terms of its Country Risk Analysis in Comparison to West Europe and the World
Exhibit 2: Performance Overview (Score: 1-100)
Exhibit 3: Broad Categories and Weights Behind the Index
Exhibit 4: OSEAX Index
Exhibit 5: Key Sectors’ Contribution to the Economy (2015-2022f)
Exhibit 6: FDI Position (2013-2017), and FDI by Industry (2014-2017)
Exhibit 7: FDI by Country (2017) and FDI by Region (2017)
Exhibit 8: Key Infrastructure Indicators
Exhibit 9: Real GDP and Household Consumption Growth Rate (2015-2022f)
Exhibit 10: Real GDP Growth Rate Comparison (2018)
Exhibit 11: Export, Import and Trade Balance (2015-2022f)
Exhibit 12: Current Account Balance (2015-2022f)
Exhibit 13: Top Three Commodity Exports, % of Total Exports (2015-2018)
Exhibit 14: Mineral Fuels, Mineral Oils and Products of their Distillation, % Share of World’s Total (2018)
Exhibit 15: Interest Rates (December 2012 - December 2019)
Exhibit 16: Exchange Rate (2015-2022f)
Exhibit 17: Public Finance (2015-2022f)
Exhibit 18: General Government Debt (2015-2022f)
Exhibit 19: Employment/Unemployment (2015-2022f)
Exhibit 20: Average Annual Wages (2015-2022f)
Exhibit 21: Labor Cost Index (2015-2022f)
Exhibit 22: Rural/Urban Share of Total Population (1995, 2005, 2015, 2025)
Exhibit 23: Age-group Share of Total Population (2005, 2015, 2025)
Exhibit 24: Gender Split (1995, 2005, 2015, 2025)
Exhibit 25: Internet Users as a Percentage of the Total Population, Mobile Penetration Rate and Broadband Penetration Rate (2018)
Exhibit 26: Number of Patents Granted Per Million Population (2018)
Exhibit 27: High-Technology Exports (% Of Manufactured Exports) (2018)
Exhibit 28: Doing Business in Norway 2020
Exhibit 29: Corruption Perception Index (Rankings) (2018)
Exhibit 30: CO2 Emissions (2012-2017)
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  • SpareBank
  • Orkla
  • DNB
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