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The Norwegian economy is a prosperous bastion of welfare capitalism, featuring a combination of free market activity and government intervention. The government controls key areas, such as the vital petroleum sector, through large-scale state-majority-owned enterprises. The country is richly endowed with natural resources - petroleum, hydropower, fish, forests, and minerals - and is highly dependent on the petroleum sector, which accounts for nearly half of exports and over 30% of state revenue. Norway is the world's third-largest gas exporter; its position as an oil exporter has slipped to seventh-largest as pro...  More..

Economy of Norway
SOURCE: CIA - The World Factbook
Currency Norwegian Krone
Fiscal Year 01 January - 31 December
GDP (PPP) $273.1 billion (2009 est.)
GDP (per capita) $58,600 (2009 est.)
Exports $122 billion (2009 est.)
Imports $64.5 billion (2009 est.)
Main Industries Petroleum and Gas, Food Processing, Shipbuilding, Pulp and Paper Products, Metals, Chemicals, Timber, Mining, Textiles, Fishing
Exports - Commodities Petroleum and Petroleum Products, Machinery and Equipment, Metals, Chemicals, Ships, Fish
Imports - Commodities Machinery and Equipment, Chemicals, Metals, Foodstuffs
Exports Partners UK 27%, Germany 12.8%, Netherlands 10.4%, France 9.4%, Sweden 6.5%, US 4.5% (2008)
Imports Partners Sweden 14.3%, Germany 13.4%, Denmark 6.8%, China 6.4%, UK 5.9%, US 5.4%, Netherlands 4.1% (2008)

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