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Norway

Norway National accounts Stats

Definitions

  • Growth rates > Gross capital formation > Annual % growth: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation."
  • Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Local currency at constant prices > Expenditure on GDP > Exports > Goods and services: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency."
  • Local currency at current prices > Expenditure on GDP > Final > Consumption expenditure > Cu: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
  • Local currency at current prices > Expenditure on GDP > Gross fixed capital formation > Cu: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency."
  • Shares of GDP and other > Final > Consumption expenditure > Etc. > % of GDP: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.
  • Shares of GDP and other > Gross capital formation > % of GDP: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation."
  • Shares of GDP and other > Gross savings > % of GNI: Gross savings are calculated as gross national income less total consumption, plus net transfers."
  • Shares of GDP and other > Trade > % of GDP: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • US$ at constant 2000 prices > Expenditure on GDP > Final > Consumption expenditure > Constan: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2000 U.S. dollars.
  • US$ at constant 2000 prices > Expenditure on GDP > Final > Consumption expenditure > Etc.: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars.
  • US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2000 U.S. dollars."
  • US$ at current prices > Expenditure on GDP > Changes in inventories > Current US$: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current U.S. dollars."
  • US$ at current prices > Value added > Manufacturing > Value added > Current US$: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars."
STAT AMOUNT DATE RANK HISTORY
Growth rates > Gross capital formation > Annual % growth -17.91% 2009 74th out of 102
Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU 360,309.99 2009 23th out of 162
Local currency at constant prices > Expenditure on GDP > Exports > Goods and services 725.61 billion 2009 29th out of 105
Local currency at current prices > Expenditure on GDP > Final > Consumption expenditure > Cu 1.55 trillion 2009 42nd out of 109
Local currency at current prices > Expenditure on GDP > Gross fixed capital formation > Cu 519.56 billion 2009 45th out of 127
Shares of GDP and other > Final > Consumption expenditure > Etc. > % of GDP 65.32% 2009 114th out of 130
Shares of GDP and other > Gross capital formation > % of GDP 20% 2009 82nd out of 131
Shares of GDP and other > Gross savings > % of GNI 32.57% 2009 10th out of 110
Shares of GDP and other > Trade > % of GDP 69.36% 2009 84th out of 139
US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $40,935.94 2009 2nd out of 161
US$ at constant 2000 prices > Expenditure on GDP > Final > Consumption expenditure > Constan $138.75 billion 2009 24th out of 81
US$ at constant 2000 prices > Expenditure on GDP > Final > Consumption expenditure > Etc. $140.96 billion 2009 26th out of 97
US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$ $18.19 billion 2009 27th out of 106
US$ at current prices > Expenditure on GDP > Changes in inventories > Current US$ $-6,289,269,170.03 2009 115th out of 126
US$ at current prices > Value added > Manufacturing > Value added > Current US$ $32.58 billion 2009 30th out of 120

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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