IMD World Competitiveness Booklet 2021

COMPETITIVENESS TRENDS - OVERALL NORWAY

OVERALL PERFORMANCE (64 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Oslo

2017 2018 2019 2020 2021

625 2020

6

7

9.416 2020 5.39 2020 362.0 2020 65,799 2020 -0.8 2020 1.29 2020 4.42 2020 2.83 2020 1.92 2020 167.5 2019 4.21 2019

8

Exchange Rate (per $)

11

11

51

Population - market size (millions)

31

Gross Domestic Product (GDP) (US$ billions)

---

7

GDP (PPP) per capita (US$)

5

Real GDP growth (%)

37

Consumer price inflation (%)

14

Unemployment rate (%)

49

Labor force (millions)

30

Current account balance (% of GDP)

33

Direct investment stocks inward ($bn)

---

15

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

1 2 Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

1

2

2

6

7 10

8

8

9

11 8

12

16

16

18

38

46

52

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS < 20 MILLION (35 countries)

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021

6

7

7

5

5

5

10

10

8

8

92

IMD WORLD COMPETITIVENESS BOOKLET 2021