Norway: In-depth PESTLE Insights
August 2018
74
About the Report
About the Report
Norway: In-depth PESTLE Insights
Summary
This PEST country analysis report on Norway provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.
Key Highlights
- The political landscape section discusses the evolution of the political scenario in Norway, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
- The economic landscape section outlines the evolution of Norway's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment."
- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.
Scope
- Understand the political system in Norway through analysis of key figures in the country and governance indicators.
- Understand the economic situation in Norway through a balanced assessment of core macroeconomic issues.
- Understand customer demographics in Norway through analysis of income distribution and the rural-urban split, as well as healthcare and education.
- Understand the technological landscape in Norway through analysis of relevant laws and policies, as well as patents data.
Reasons to buy
- What is the outlook in Norway in terms of political stability, policies towards business, and the popularity of the government?
- How does Norway perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?
- How does Norway perform in terms of healthcare, income distribution, and education?
- How does Norway perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?
Products
Table of Contents
Table of Contents
Table of Contents
Overview 2
Catalyst 2
Summary 2
Key findings 2
PESTLE highlights 5
Key fundamentals 6
Key Facts and Geographic Location 13
Key facts 13
Geographic location 14
PESTLE Analysis 15
Summary 15
Political analysis 16
Overview 16
Current strengths 16
Current challenges 16
Future prospects 17
Future risks 17
Economic analysis 18
Overview 18
Current strengths 18
Current Challenge 18
Future prospects 20
Future risks 20
Social analysis 23
Overview 23
Current strengths 23
Current challenges 25
Future prospects 26
Future risks 26
Technological analysis 28
Overview 28
Current strengths 28
Current challenges 28
Future prospects 29
Future risks 29
Legal analysis 31
Overview 31
Current strengths 31
Current challenges 32
Future prospects 32
Future risks 33
Environmental analysis 34
Overview 34
Current strengths 34
Current challenges 34
Future prospects 35
Political Landscape 36
Summary 36
Evolution 36
Structure and policies 38
Key political figures 38
Structure of government 38
Structure of legislature 39
Key policies 40
Economic 40
Social 41
Foreign 41
Defense 42
Performance 42
Governance indicators 42
Outlook 43
Economic Landscape 44
Summary 44
Evolution 44
Structure and policies 45
Financial system 45
Financial authorities and regulators 46
Government Pension Fund-Global 46
Performance 46
GDP and growth rate: overview 46
GDP composition by sector 48
Fiscal situation: overview 52
External situation 52
International investment position 53
Key monetary indicators 54
Outlook 56
Social Landscape 57
Summary 57
Evolution 57
Structure and policies 58
Demographic composition 58
Education 59
Healthcare 60
Social welfare 60
Performance 60
Healthcare 60
Income distribution 61
Education 61
Outlook 62
Technological Landscape 63
Summary 63
Evolution 63
Structure and policies 63
Intellectual property 63
Science, Technology and Innovation 63
Performance 64
Intellectual property 64
Opportunity sectors 64
Outlook 65
Legal Landscape 66
Summary 66
Evolution 66
Structure and policies 66
Judicial system 66
Tax regulations 67
Trade regulations 67
Performance 68
Effectiveness of the legal system 68
Outlook 68
Environmental Landscape 69
Summary 69
Evolution 69
Structure and policies 69
Environmental regulations 69
Performance 70
Environmental impact 70
Outlook 71
Appendix 72
ISO codes of selected countries 72
Ask the analyst 73
About MarketLine 73
Disclaimer 73
List of Figure
List of Figures
Figure 1: Map of Norway 14
Figure 2: Labor Productivity Growth Trend, 2000-2016 19
Figure 3: Unit Labor Cost per Employed Persons (2010=100), 2017 19
Figure 4: General Government Financial Wealth-2017 20
Figure 5: Household Debt-2017 22
Figure 6: Better Life Index-2016 24
Figure 7: Labor Force Participation Rate of Women in OECD Countries, 2017 25
Figure 8: Hours Worked per Workers, 2017 27
Figure 9: Business R&D Expenditure as % of the Gross Domestic Expenditure on R&D, 2005 and 2015 30
Figure 10: Average Tax Wedge (one earner married couple with two children), 2017 32
Figure 11: Norway-Political Events Timeline 37
Figure 12: Norway-Key Political Figures 38
Figure 13: Distribution of Seats by Political Parties in Norway's 2017 Elections 40
Figure 14: Evolution of GDP Growth in Norway, 2006-2017 45
Figure 15: GDP and GDP Growth Rate of Norway, 2012-22f 47
Figure 16: Sector-specific GDP in Norway, 2017 48
Figure 17: Agricultural Output in Norway, 2012-17 49
Figure 18: Industrial Output in Norway, 2012-17 50
Figure 19: Services Output in Norway, 2012-17 51
Figure 20: Norway's External Trade Position, 2011-16 53
Figure 21: CPI and CPI-based Inflation in Norway, 2012-22f 54
Figure 22: Unemployment in Norway, 2012-22f 56
Figure 23: Major Religions in Norway, 2017 59
Figure 24: Total Healthcare Expenditure in Norway, 2009-17 61
Figure 25: Public Education Expenditure in Norway, 2011-16 62
Figure 26: Internet Users in Norway, 2012-16 65
Figure 27: Carbon Dioxide Emissions in Norway, 2008-15 71
List of Table
List of Tables
Table 1: Norway-Key Fundamentals, 2015-2022f 6
Table 2: Norway-Key Facts, 2018 13
Table 3: Analysis of Norway's Political Landscape 16
Table 4: Analysis of Norway's Economic Landscape 18
Table 5: Analysis of Norway's Social Landscape 23
Table 6: Analysis of Norway's Technology Landscape 28
Table 7: Analysis of Norway's Legal Landscape 31
Table 8: Analysis of Norway's Environmental Landscape 34
Table 9: Mid-year Population by Age, as of Gender (Percentage), 2017 58
Table 10: Patents Granted by USPTO, 2010-15 64
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