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Economy Of Norway
The economy of Norway is a Developed country, highly developed mixed economy with state-ownership in strategic areas. Although sensitive to global business cycles, the economy of Norway has shown robust growth since the start of the Industrial Revolution, industrial era. The country has a very high standard of living compared with other European countries. Norway's modern manufacturing and welfare system rely on a financial reserve produced by exploitation of natural resources, particularly North Sea oil. Among OECD nations, Norway has a relatively efficient and strong Nordic model, social security system; social expenditure in 2022 was below the OECD average and stood at Welfare state#Effects, roughly 20.7% of GDP. History Pre–industrial revolution Norway was the poorest of the three Scandinavian kingdoms (the others being Denmark and Sweden) during the Viking Age. Prior to the industrial revolution, Norway's economy was largely based on agriculture, timber, and fishing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Free Trade Association
The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four List of sovereign states and dependent territories in Europe, European states: Iceland, Liechtenstein, Norway and Switzerland. The organization operates in parallel with the European Union (EU), and all four member states participate in the European single market and are part of the Schengen Area. They are not, however, party to the European Union Customs Union. EFTA was historically one of the two dominant western European trade blocs, but is now much smaller and closely associated with its historical competitor, the European Union. It was established on 3 May 1960 to serve as an alternative trade bloc for those European states that were unable or unwilling to join the then European Economic Community (EEC), the main predecessor of the EU. The Stockholm Convention (1960), to establish the EFTA, was signed on 4 January 1960 in the Swedish capital by seven countrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Primary Sector Of The Economy
The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining. The primary sector tends to make up a larger portion of the economy in developing countries than it does in developed countries. For example, in 2018, agriculture, forestry, and fishing comprised more than 15% of GDP in sub-Saharan Africa but less than 1% of GDP in North America. In developed countries the primary sector has become more technologically advanced, enabling for example the mechanization of farming, as compared with lower-tech methods in poorer countries. More developed economies may invest additional capital in primary means of production: for example, in the United States corn belt, combine harvesters pick the corn, and sprayers spray large amounts of insecticides, herbicides and fungicide Fungicides are pesticides used to kill parasitic fungi or their spores. Fungi can cause serious d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of European Countries By Average Wage
This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross income, gross and net income (after taxes) for full-time employees in their local currency and in euros. The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat. → The salary distribution is skewness, right-skewed, therefore more than 50% of people earn less than the average gross salary. Thus, median figures might be more representative than averages. → These figures will shrink after income tax is applied. In some countries, social security, contributions for pensions, public schools, and health are included in these taxes. In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economy, grey economies. Maps Gross average monthly earnings The countries and territories on the map have gross average monthly earnings (taxable income) for full-time employees of: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OECD
The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, world trade. It is a forum (legal), forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are generally regarded as developed country, developed countries, with High-income economy, high-income economies, and a very high Human Development Index. their collective population is 1.38 billion people with an average life expectancy of 80 years and a median age of 40, against a global average of 30. , OECD Member countries collectively comprised 62.2% of list of countries by GDP (nominal), global nom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statistics Norway
Statistics Norway (, abbreviated to ''SSB'') is the Norwegian statistics bureau. It was established in 1876. Relying on a staff of about 1,000, Statistics Norway publish about 1,000 new statistical releases every year on its web site. All releases are published both in Norwegian and English. In addition a number of edited publications are published, and all are available on the web site for free. As the central Norwegian office for official government statistics, Statistics Norway provides the public and government with extensive research and analysis activities. It is administratively placed under the Ministry of Finance but operates independently from all government agencies. Statistics Norway has a board appointed by the government. It relies extensively on data from registers, but are also collecting data from surveys and questionnaires, including from cities and municipalities. History Statistics Norway was originally established in 1876. The Statistics Act of 1989 provi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ease Of Doing Business Index
Ease or EASE may refer to: Computing * Ease (programming language) * Enhanced Acoustic Simulator for Engineers, software for optimizing acoustics Health and medicine * Methylone, marketed briefly in New Zealand as Ease *Examination of Anomalous Self-Experience, to detect self-disorder Other uses * Ease (sewing), the amount of room a garment allows the wearer beyond the measurements of their body * ''Ease'', a 1985 novel by Patrick Gale * EASE/ACCESS, a pair of 1985 space shuttle flight experiments * European Association of Science Editors, a non-profit membership organisation See also * *Easy (other) * At Ease * Usability *Ease-in and ease-out, methods of inbetweening in animation {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Inequality-adjusted HDI
This is a list of countries by inequality-adjusted Human Development Index (IHDI), as published by the UNDP in its 2025 Human Development Report. According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for", whereas the Human Development Index itself, from which the IHDI is derived, is "an index of potential human development (or the maximum IHDI that could be achieved if there were no inequality)". Methodology The index captures the HDI of the average (calculated using not arithmetic, but geometric mean) person in society, which is less than the aggregate HDI when there is inequality in the distribution of health, education and income. Under perfect equality, the HDI and IHDI are equal; the greater the difference between the two, the greater the inequality. The IHDI, estimated for the world and specific countries, captures the losses in human development due to inequality in health, education and inco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Human Development Index
The United Nations Development Programme (UNDP) compiles the Human Development Index (HDI) of 193 nations in the annual Human Development Report. The index considers the health, education, income and living conditions in a given country to provide a measure of human development which is comparable between countries and over time. The HDI is the most widely used indicator of human development and has changed how people view the concept. However, several aspects of the index have received criticism. Some scholars have criticized how the factors are weighed, in particular how an additional year of life expectancy is valued differently between countries; and the limited factors it considers, noting the omission of factors such as the levels of distributional and gender inequality. In response to the former, the UNDP introduced the inequality-adjusted Human Development Index (IHDI) in its 2010 report, and in response to the latter the Gender Development Index (GDI) was introduced ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Development Programme
The United Nations Development Programme (UNDP) is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human development. The UNDP emphasizes on developing local capacity towards long-term self-sufficiency and prosperity. Based at the headquarters of the United Nations in New York City, it is the largest UN development aid agency, with offices in 177 countries. The UNDP is funded entirely by voluntary contributions from UN member states. Founding The UNDP was founded on 22 November 1965 through the merger of the Expanded Programme of Technical Assistance (EPTA) and the Special Fund in 1958. The rationale was to "avoid duplication of heiractivities". The EPTA was set up in 1949 to support the economic and political aspects of underdeveloped countries while the Special Fund was to enlarge the scope of UN technical assistance. The Special Fund arose from the idea of a Special United Nations Fund for Economic D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Development Report
The Human Development Report (HDR) is an annual Human Development Index report published by the Human Development Report Office of the United Nations Development Programme (UNDP). The first HDR was launched in 1990 by the Pakistani economist Mahbub ul Haq and Indian Nobel laureate Amartya Sen. Since then reports have been released most years, and have explored different themes through the human development approach, which places people at the center of the development process. The reports are ensured of editorial independence by the United Nations General Assembly. They are seen as reports to UNDP, not of UNDP. This allows each report greater freedom to explore ideas and constructively challenge policies. Each report also presents an updated set of indices, including the Human Development Index (HDI), which is a measure of average achievement in the basic dimensions of human development across countries, and a compendium of key development statistics relevant to the report them ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
