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Norway Economic Report

In: Business and Management

Submitted By Leapfrog1
Words 2542
Pages 11
LOCATION OF THE COUNTRY AND CLIMATE OF THE COUNTRY

The country this report is on is Norway. Norway is located in northern Europe. It borders the North Sea and the North Atlantic Ocean and its West of Sweden. The whole country of Norway is slightly larger than New Mexico. Norway borders other European countries such as Finland, Sweden, and Russia. There is 2542 km of border in the whole of Norway. The Norway Finland border is 727 km. The Norway Sweden border is 1,619 km and the Norway Russia border is 196 km. The climate along the coast of Norway is temperate due to the North Atlantic current. The interior of Norway is colder than the coastline with increased precipitation and colder summers. It’s rainy year – round on the west coast. The population of Norway as of 2006 is 4,610,822. Over 65% of the population is between the ages of 15-64 years. Over 19% of the population is between the ages of 0-14 years and over 14% of the population is over 65 years of age. The median age of the Norwegian population is 38.4 years. The average population growth rate of Norway is 38%. The life expectancy for the male population of Norway is 76.91 and the life expectancy for females is 82.31 years. The birth rate of Norway’s people is 11.46 births per 1,000 people and the death rate is 9.4 deaths per 1,000 people.

EXPORT/GNP RATIO

The Export and GNP ratio of Norway displays what happens when exports and GNP change through out this half of the century. Through out the 1950’s to about 1970 exports and GNP remain relatively stable with only a minor increase. During the late 1960’s GNP increased tremendously. This was in due to the petroleum product exports that were new to Norway’s economy. Exports also increased during this time. The relationship between exports and GNP is very clear. As exports begin to take-off GNP also increased in a dramatic…...

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