On this page you will find beneficial information regarding foreign direct investment in / trading with Norway. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Constitutional Monarchy
Population: 5.40 million (2021)
GDP: 482.2 billion USD (2021)
Corporate Tax Rate: 22%
Personal Income Tax Rate: 22%
Major Exports: Petroleum Gas ($57.7B), Crude Petroleum ($41.5B), Non-fillet Fresh Fish ($8.08B), Refined Petroleum ($6.07B), and Raw Aluminium ($3.89B), exporting mostly to United Kingdom ($33.5B), Germany ($31.5B), Sweden ($13.7B), Netherlands ($12.2B), and China ($9.5B).
Major Imports: ($7.87B), Refined Petroleum ($3.11B), Broadcasting Equipment ($1.98B), Computers ($1.79B), and Passenger and Cargo Ships ($1.7B), importing mostly from Sweden ($17.4B), Germany ($11.3B), China ($9.87B), Denmark ($6.36B), and United States ($5.16B).
Investment Agency: Business Norway
National Chamber of Commerce: Oslo Chamber of Commerce
Customs Agency: Norwegian Customs