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Gross Domestic Product of Norway

What do you mean by Gross Domestic Product of Norway?

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Norway is one of the world's most developed country and is home to one of the most advanced economies in the world. The country's overall Gross Domestic Product (GDP) is quite large considering the nation's small population. Its Gross Domestic Product (GDP per capita is higher than that of the United States which is ranked second in both nominal and PPP figures.

Its 2005 GDP figures were as follows:

i) Nominal GDP: $296 billion (25th rank)

ii) GDP PPP was $195 billion (42nd rank)

iii) Nominal GDP per capita is: $6- (2nd rank)

iv) GDP PPP per capita: $42,000 (2nd rank)

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