Report Feature
Norway economy is dominated by the industrial sector, which contributed approximately 58.7% to the total GDP in 2015. Oil and gas extraction is the major contributing 15.6% of GDP. The Norwegian government is expected to start a number of projects that will help further develop on various sectors such as infrastructure, health, and education. Norway has Sustainable Development Goals which provides direction for prioritizing capital expenditure, encouraging private investment and creating jobs for nationals in the private sector. The Norwegian government is focusing on economic diversification with the help of tax reforms, which will encourage the consumer spending.
Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Norway and has come up with a comprehensive research report, “PESTLE Analysis of Norway 2016”. This report provides an analysis of the Norway economy from historical, current, and future perspectives. SWOT analysis, scenario analysis, and risk analysis of Norway is also included in the report. The report also includes forecast for Norway’s economic growth through 2021.
The report highlights various drivers and challenges which have influence on investment decisions in the economy. Norway is a politically stable country, which follows constitutional monarchy with a parliamentary democratic system. The country is largest exporter of oil and gas in the world. Norway is the leading producer of solar grade silicon and solar cells. Norway is highly dependent on its oil revenue, which is one of the main challenges. If oil prices decline, it directly affects the country’s GDP. Norway’s government has investment upcoming the three year to spur development in the private sector and carry out a number of large infrastructure projects, including the building of roads, trade and industrial centers, and hospitals. Another challenge for Norway has to depend on other countries for food because Norway has very low agriculture productivity.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of “PESTLE Analysis of Norway 2016” include:
- Trend and forecast for key macroeconomic variables that are useful to make major investment decision
- Analysis on economic activity, investment environment, and trade structure of the country
- Major industries in Norway and its contribution to GDP
- Trends in savings, investments, and consumptions
- Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
- Analysis on geographical importance and social structure such as labor quality
- Strength, Weakness, Opportunity, and Threat (SWOT) analysis of Norway
Table of Contents
1. Executive Summary
9. SWOT Analysis – Search of Potential Opportunities in Norway
3.1: Sectoral Contribution to GDP and GDP Growth Rate
3.2: Macroeconomic Forecast and Scenario Analysis (2016-2021)
3.3: Pricing Trends- Inflation and Interest Rates
3.4: Major Economic Growth Driver – Consumption, Saving, and Investment Trends
3.5: International Trade and Its Contribution to GDP
3.6: Foreign Direct Investment
List of Figures
Figure 3.1: Economic Scenarios of Major Countries, 2015
Figure 3.2: Trends of the Real GDP Growth Rate
Figure 3.3: Scenario Analysis of GDP Forecast
Figure 3.4: Trends of the Per Capita Income
Figure 3.5: Sectoral Contribution to GDP in 2015
Figure 3.6: Share of Different Sectors as Percentage of GDP in 2015
Figure 3.7: Annual Trends of Inflation and Interest Rates
Figure 3.8: Quarterly Inflation Rate of Norway
Figure 3.9: Quarterly Interest Rate of Norway
Figure 3.10: Trends of Savings and Investments as Percentage of GDP
Figure 3.11: Trends of Consumption Expenditure as Percentage of GDP
Figure 3.12: Trends of International Trade Structure
Figure 3.13: Norway’s Exports by Commodity in 2010
Figure 3.14: Norway’s Exports by Commodity in 2015
Figure 3.15: Norway’s Imports by Commodity in 2010
Figure 3.16: Norway’s Imports by Commodity in 2015
Figure 3.17: Norway’s Exports by Country in 2010
Figure 3.18: Norway’s Exports by Country in 2015
Figure 3.19: Norway’s Imports by Country in 2010
Figure 3.20: Norway’s Imports by Country in 2015
Figure 3.21: Trends of Exports and Imports as Percentage of GDP
Figure 3.22: Trends of FDI in Norway
Figure 4.1: Trends of Current Account Balance and Percentage of GDP
Figure 4.2: Terms of Trade in Norway
Figure 4.3: Trends of Balance of Payment
Figure 4.4: Trends of Government Revenue and Expenditure as Percentage of GDP
Figure 4.5: Trends of Fiscal Balance as Percentage of GDP
Figure 4.6: Trends of Gross Government Debt as percentage of GDP
Figure 4.7: Trend of Foreign Exchange Reserves and Exchange Rate Gross
List of Tables
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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