The Kingdom of Norway's Country Analysis

The Kingdom of Norway analyzes Norway, one of the most developed countries in Europe. Although they are not members of the EU, the economy is booming due to the strong growth in export markets and oil investment, the public sector demand and low interest rates. They are the fifth largest exporter of oil and gas in the world, so they account for about one-third of their income. Their good growth also had a positive influence on other parts of the economy, such as heavy industry and shipbuilding.

The official long form of official country name is Norway kingdom. Norge is a local abbreviation. The capital of Norway is Oslo. Norway is located in the north corner of Western Europe and is in contact with the North Sea and the North Atlantic Ocean. Norway is in contact with Sweden, Finland and Russia. In addition to the mainland, the Norwegian kingdom also includes Svalbard and Jan Mayen. Norway also has a territory in Antarctica. These are the islands of Bouvet and Peter. Norway is slightly larger than New Mexico. Geographical conditions are not useful for internal communication in Norway. The topography is two thirds of the mountain and there are approximately 50,000 islands on the coast. A high mountain range, a glacier in the deep strait bay of the plateau, the tundra in the north Arctic make communication difficult (www.odci.gov).

The Kingdom of Norway analyzes Norway, one of the most developed countries in Europe. Although they are not members of the EU, the economy is booming due to the strong growth in export markets and oil investment, the public sector demand and low interest rates. They are the fifth largest exporter of oil and gas in the world, so they account for about one-third of their income. Their good growth also had a positive influence on other parts of the economy, such as heavy industry and shipbuilding.

Norway is a modern European country with the official name of Norway kingdom. According to the World Bank, the Norwegian gross domestic product (estimated) in 2010 is estimated at $ 43.3 million, so Norwegians enjoy the world's third largest GDP per capita. Norway is a country rich in natural resources such as oil, natural gas, hydroelectric power, fish, forests, minerals. Therefore, the Norwegian economy is largely dependent on the oil sector which accounts for almost half of exports and occupies over 30% of national income.