Norway, depth PESTLE insights: Ken Research
Norway: In-depth PESTLE insights

Norway: In-depth PESTLE insights

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  • Pages: 72
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Executive Summary

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?

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Ankur Gupta, Head Marketing & Communications


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 19

Future prospects 20

Future risks 21

Social analysis 23

Overview 23

Current strengths 23

Current challenges 24

Future prospects 25

Future risks 25

Technological analysis 26

Overview 26

Current strengths 26

Current challenges 26

Future prospects 27

Future risks 27

Legal analysis 28

Overview 28

Current strengths 28

Current challenges 29

Future prospects 29

Future risks 29

Environmental analysis 30

Overview 30

Current strengths 30

Current challenges 30

Future prospects 31

Political Landscape 32

Summary 32

Evolution 32

Structure and policies 33

Key political figures 33

Structure of government 34

Structure of legislature 35

Key policies 36

Economic 36

Social 37

Foreign 37

Defense 37

Performance 38

Governance indicators 38

Outlook 39

Economic Landscape 40

Summary 40

Evolution 40

Structure and policies 41

Financial system 41

Financial authorities and regulators 42

Government Pension Fund-Global 42

Performance 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

Outlook 53

Social Landscape 54

Summary 54

Evolution 54

Structure and policies 55

Demographic composition 55

Education 56

Healthcare 56

Social welfare 57

Performance 57

Healthcare 57

Income distribution 58

Education 58

Outlook 59

Technological Landscape 60

Summary 60

Evolution 60

Structure and policies 60

Intellectual property 60

Science, Technology and Innovation 60

Performance 60

Intellectual property 60

Opportunity sectors 61

Outlook 62

Legal Landscape 63

Summary 63

Evolution 63

Structure and policies 63

Judicial system 63

Tax regulations 64

Trade regulations 64

Performance 64

Effectiveness of the legal system 64

Outlook 65

Environmental Landscape 66

Summary 66

Evolution 66

Structure and policies 66

Environmental regulations 66

Performance 67

Environmental impact 67

Outlook 68

Appendix 70

ISO codes of selected countries 70

Ask the analyst 71

About MarketLine 71

Disclaimer 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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