IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL NORWAY

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Oslo

2016 2017 2018 2019 2020

625 2019

7

8.800 2019 5.36 2019 402.0 2019 76,066 2019 1.2 2019 2.17 2019 3.70 2019 2.82 2019 3.96 2019 123.4 2018 0.45 2019

8

Exchange Rate (per $)

9

11

11

51

Population - market size (millions)

29

Gross Domestic Product (GDP) (US$ billions)

---

6

GDP (PPP) per capita (US$)

47

Real GDP growth (%)

35

Consumer price inflation (%)

17

Unemployment rate (%)

48

Labor force (millions)

18

Current account balance (% of GDP)

40

Direct investment stocks inward ($bn)

---

56

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 3 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

3

3

3

5

8

9

12

12

14

14

18

19

20

24

42

43

51

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS < 20 MILLION (34 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

7

7

5

5

8

6

10

10

8

8

93

IMD WORLD COMPETITIVENESS BOOKLET 2020