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Economic indicators | Foreign Trade in figures | Sources of general economic information

Economic indicators

 
Main indicators 2009201020112012 (e)2013 (e)
GDP (billions USD) 403.61458.73e571.57e629.69671.22
GDP (constant prices, annual % change) -5.35.7e4.4e3.83.5
GDP per capita (USD) 43,403.9249,183.02e61,098.29e67,109.9671,322.43
General government balance (in % of GDP) 1.21.4e1.2e1.21.5
Inflation rate (%) 2.01.9e3.0e2.52.0
Current Account (billions USD) 28.4429.01e33.32e33.1834.04
Current Account (in % of GDP) 7.06.3e5.8e5.1-

Source: IMF - World Economic Outlook Database ; World Bank

Note: (e) Estimated data

 
Breakdown of economic activity by sector Agriculture Industry Services
Value added (annual % change) 0.5 -14.3 -1.7
Value added (in % of GDP) 1.8 25.3 72.9
Employment by sector (in % of total employment) 2.2 20.1 77.4

Source: World Bank - last available data.

 
Monetary indicators 20062007200820092010
Average annual exchange rate for 1 USD 7.386.766.597.657.21

Source: World Bank

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Foreign trade in figures

 
Foreign trade indicators 20062007200820092010
Imports of goods (millions USD) 127,547153,226168,503120,077147,932
Exports of goods (millions USD) 147,793168,817183,327130,958158,416
Imports of services (millions USD) 39,29447,34753,84745,30948,085
Exports of services (millions USD) 49,14262,67770,34058,55663,605
Imports of goods and services (annual % change) 9.09.02.9-13.2-
Exports of goods and services (annual % change) 8.95.6---
Imports of goods and services (in % of GDP) 43.044.446.541.9-
Exports of goods and services (in % of GDP) 51.151.953.448.8-
Trade Balance (millions USD) 21,79017,77415,41213,04310,879
Current Account (millions USD) 34,74640,21045,05931,460-
Foreign trade (in % of GDP) 94.196.399.990.7-

Source: WTO - World Trade Organization ; World Bank

 

Main partner countries

Main customers
(% of exports)
2010
Norway 10.0%
Germany 10.0%
United Kingdom 7.4%
United States 7.3%
Denmark 6.5%
See more countries 58.8%
Main suppliers
(% of imports)
2010
Germany 18.2%
Norway 9.0%
Denmark 8.3%
Netherlands 6.5%
United Kingdom 5.7%
See more countries 52.4%

Source: Comtrade, last available data

 

Main products

Main exports
(% of exports)
2010
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 5.9%
Electrical apparatus for line telephony or line...Electrical apparatus for line telephony or line telegraphy, incl. line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones; parts thereof 5.5%
Medicaments consisting of mixed or unmixed...Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses "incl. those in the form of transdermal administration" or in forms or packings for retail sale (excl. goods of heading 3002, 3005 or 3006) 4.8%
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 3.4%
Parts and accessories for tractors, motor vehicles...Parts and accessories for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles of heading 8701 to 8705, n.e.s. 2.8%
See more products 77.6%
Main imports
(% of imports)
2010
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals, crude 7.0%
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 4.5%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 4.0%
Parts and accessories for tractors, motor vehicles...Parts and accessories for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles of heading 8701 to 8705, n.e.s. 3.4%
Automatic data processing machines and units...Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s. 2.4%
See more products 78.7%

Source: Comtrade, last available data

 

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Last updates: February 2012


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