Norway: In-depth PESTLE insights
This PESTLE 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.
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.
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.
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?
Table of Contents
Key findings 2
PESTLE highlights 5
Key fundamentals 6
Key Facts and Geographic Location 13
Key facts 13
Geographic location 14
PESTLE Analysis 15
Political analysis 16
Current strengths 16
Current challenges 16
Future prospects 17
Future risks 17
Economic analysis 18
Current strengths 18
Current Challenge 19
Future prospects 20
Future risks 21
Social analysis 23
Current strengths 23
Current challenges 24
Future prospects 25
Future risks 25
Technological analysis 26
Current strengths 26
Current challenges 26
Future prospects 27
Future risks 27
Legal analysis 28
Current strengths 28
Current challenges 29
Future prospects 29
Future risks 29
Environmental analysis 30
Current strengths 30
Current challenges 30
Future prospects 31
Political Landscape 32
Structure and policies 33
Key political figures 33
Structure of government 34
Structure of legislature 35
Key policies 36
Governance indicators 38
Economic Landscape 40
Structure and policies 41
Financial system 41
Financial authorities and regulators 42
Government Pension Fund-Global 42
GDP and growth rate: overview 42
GDP composition by sector 44
Fiscal situation: overview 48
External situation 48
International investment position 49
Key monetary indicators 50
Social Landscape 54
Structure and policies 55
Demographic composition 55
Social welfare 57
Income distribution 58
Technological Landscape 60
Structure and policies 60
Intellectual property 60
Science, Technology and Innovation 60
Intellectual property 60
Opportunity sectors 61
Legal Landscape 63
Structure and policies 63
Judicial system 63
Tax regulations 64
Trade regulations 64
Effectiveness of the legal system 64
Environmental Landscape 66
Structure and policies 66
Environmental regulations 66
Environmental impact 67
ISO codes of selected countries 70
Ask the analyst 71
About MarketLine 71
List of Figures
Figure 1: Map of Norway 14
Figure 2: Labor productivity and utilization (annual growth rate) 19
Figure 3: Unit labor costs (Percentage change) 20
Figure 4: General government financial wealth-2016 21
Figure 5: Household debt-2015 22
Figure 6: Labor force participation rate of women in Nordic countries, 2016 24
Figure 7: Norway-political events timeline 33
Figure 8: Norway-key political figures 34
Figure 9: Distribution of seats by political parties in Norway's 2013 elections 36
Figure 10: Evolution of GDP growth in Norway, 2005-2016 41
Figure 11: GDP and GDP growth rate of Norway, 2010-20f 43
Figure 12: Sector-specific GDP in Norway, 2016 44
Figure 13: Agricultural output in Norway, 2010-16 45
Figure 14: Industrial output in Norway, 2010-16 46
Figure 15: Services output in Norway, 2010-16 47
Figure 16: Norway's external trade position, 2011-16 49
Figure 17: CPI and CPI-based inflation in Norway, 2010-20f 50
Figure 18: Unemployment in Norway, 2010-20f 52
Figure 19: Major religions in Norway, 2011 56
Figure 20: Total healthcare expenditure in Norway, 2008-15 58
Figure 21: Public Education expenditure in Norway, 2010-15 59
Figure 22: Internet users in Norway, 2010-15 62
Figure 23: Carbon dioxide emissions in Norway, 2006-13 68
List of Tables
Table 1: Norway-key fundamentals 6
Table 2: Norway-key facts 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 26
Table 7: Analysis of Norway's legal landscape 28
Table 8: Analysis of Norway's environmental landscape 30
Table 9: Mid-year population by age, as of gender (percentage), 2016 55
Table 10: Patents granted by USPTO, 2010-15 61
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