The Norwegian Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016

Synopsis

• Top level overview of the Norwegian defense industry
• A breakdown of the Norwegian defense industry by spend pattern valued from 2007 through 2011 and forecasted from 2012 through 2016
• A breakdown of the markets by segment valued from 2007 through 2011 and forecasted from 2012 through 2016
• Details of top companies active across the Norwegian defense industry
• Emerging trends and opportunities in the Norwegian defense industry in the last 12 months

Summary

This report offers insights into market opportunities and entry strategies adopted by foreign OEMs to gain a market share in the Norwegian defense industry. In particular, it offers in-depth analysis of the following:

• Market opportunity and attractiveness: Detailed analysis of the current market size and growth expectations during 2011–2016, including highlights of the key drivers, to aid understanding of the growth dynamics. It also benchmarks the sector against key global markets and provides detailed understanding of emerging opportunities in specific areas.
• Procurement dynamics: Trend analysis of imports and exports, along with their implications and impact on the Norwegian defense industry.
• Industry structure: Five forces analysis to identify various power centers in the industry and how these are likely to develop in the future.
• Market entry strategy: Analysis of possible ways to enter the market, along with knowledge of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives.
• Competitive landscape and strategic insights: Analysis of the competitive landscape of defense manufacturers in Norway. It provides an overview of the key defense companies (both domestic and foreign) along with insights such as key alliances, strategic initiatives and a brief financial analysis.
• Business environment and country risk: A range of drivers at country level, assessing business environment and country risk. It covers historical and forecast values for a range of indicators evaluating business confidence, economic performance, infrastructure quality and availability, labor force, demographics, and political and social risk.

Scope

• Analysis of defense industry market size from 2007 through 2011 and forecasts till 2016
• Analysis of defense budget allocation
• Benchmarking with key global markets
• Market opportunities
• Defense procurement dynamics
• Industry dynamics
• Market entry strategy
• Competitive landscape and strategic insights
• Business environment and country risk

Reasons To Buy

• Gain insight into the Norwegian defense industry with current, historic and forecast market values
• Get insight on market opportunity and attractiveness
• Get insight on industry procurement dynamics
• Gain insight on industry structure
• Gain insight into the regulations governing the Norwegian defense industry and the potential market entry strategies with an expert analysis of the competitive structure
• Identify top companies of the Norwegian defense industry along with profiles of all those companies

Key Highlights

The defense expenditure of Norway, which was estimated at US$7.02 billion in 2011, registered a CAGR of 7.22% during the review period and is expected to record a CAGR of 2.51% over the forecast period to reach a value of US$7.9 billion in 2016. The primary reasons for this expectation of increased spending include Norway’s involvement in international peacekeeping missions, border disputes with Russia and the expected expansion of home guard training activities. As a percentage of GDP, Norwegian defense expenditure stood at an average of 1.4% during the review period, a figure expected to increase to an average of 1.5% during the forecast period as a result of stronger economic growth.

Contents

1 INTRODUCTION

1.1 What is this Report About?
1.2 Definitions
1.3 Summary Methodology
1.4 ICD Research Terrorism Index
1.5 About ICD Research
1.6 About Strategic Defense Intelligence

2 EXECUTIVE SUMMARY

3 MARKET ATTRACTIVENESS AND EMERGING OPPORTUNITIES

3.1 Defense Market Size Historical and Forecast
  3.1.1 Norwegian annual defense expenditure expected to reach US$XX billion by 2016
  3.1.2 International commitments, strengthened focus on the northern areas and increase in home guard capabilities expected to increase defense expenditure
  3.1.3 Defense expenditure as a percentage of GDP expected to record a marginal increase in the forecast period
3.2 Analysis of Defense Budget Allocation
  3.2.1 Capital expenditure allocation projected to increase during the forecast period
  3.2.2 Expenditure for procurement and construction works expected to remain at XX% of total expenditure
  3.2.3 Air force expenditure projected to record a CAGR of XX% during the forecast period
  3.2.4 Army expenditure expected to record a CAGR of XX% over the forecast period
  3.2.5 Naval expenditure projected to record a CAGR of XX% over the forecast period
  3.2.6 Procurement of material, buildings and construction work expenditure expected to increase for all forces
  3.2.7 Other expenditure, including expenditure on coast guard and international operations, expected to increase over the forecast period
3.3 Homeland Security Market Size and Forecast
  3.3.1 Expenditure on homeland security expected to grow steadily
  3.3.2 Demand for equipment expected to increase due to modernization of homeland security
  3.3.3 Norway is at a “low risk” of terrorism
  3.3.4 Norway has a terrorism index score of “zero”
  3.3.5 Norway experiences minimal terror activity
3.4 Benchmarking with Key Global Markets
  3.4.1 Norwegian defense budget expenditure expected to increase over the forecast period, unlike other European countries
  3.4.2 The US and China dominate the global defense industry
  3.4.3 Norway allocates a moderate percentage of its GDP towards defense expenditure
  3.4.4 Norway ranked twentieth among world’s largest arms importers during the review period
3.5 Market Opportunities: Key Trends and Growth Stimulators
  3.5.1 Battle vehicles and artillery expected to dominate total investment in land systems during 2010–2017
  3.5.2 Bulk of investment in naval systems related to new procurements of vessels and related weapons systems
  3.5.3 Investments within air systems program to focus on maintaining F-16 as a first line combat aircraft
  3.5.4 Demand for clothing and small arms expected to increase
  3.5.5 Communications expenditure to dominate investments in Network-based Defense
  3.5.6 Logistics systems expenditure expected to exceed US$XX million during 2010–2017

4 DEFENSE PROCUREMENT MARKET DYNAMICS

4.1 Import Market Dynamics
  4.1.1 Imports continued to increase steadily during the review period
  4.1.2 Spain is the largest arms supplier to Norway
  4.1.3 Ships account for majority of arms imports
4.2 Export Market Dynamics
  4.2.1 Defense exports increased steadily during 2005–2010
  4.2.2 Majority of Norwegian defense equipment is exported to Europe
  4.2.3 Other categories account for the majority of Norway’s defense exports

5 INDUSTRY DYNAMICS

5.1 Five Forces Analysis
  5.1.1 Bargaining power of supplier: low
  5.1.2 Bargaining power of buyer: high
  5.1.3 Barrier to entry: medium
  5.1.4 Intensity of rivalry: high
  5.1.5 Threat of substitution: high

6 MARKET ENTRY STRATEGY

6.1 Market Regulation
  6.1.1 Norwegian government encourages offsets to aid development of domestic defense industry
  6.1.2 Norwegian defense industry open to FDI
6.2 Market Entry Route
  6.2.1 Joint development of defense equipment is most common entry route for foreign OEMs
  6.2.2 Foreign investors often enter the industry through collaborative R&D programs
6.3 Key Challenges
  6.3.1 Investment policies favor Scandinavian and European countries
  6.3.2 End of defense modernization program limits opportunities for foreign OEMs

7 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS

7.1 Competitive Landscape Overview
7.2 Key Public Sector Companies
  7.2.1 Kongsberg Defense Systems: overview
  7.2.2 Kongsberg Defense Systems: products
  7.2.3 Kongsberg Defense Systems: recent announcements and strategic initiatives
  7.2.4 Kongsberg Defense Systems: alliances
  7.2.5 Kongsberg Defense Systems: recent contract wins
  7.2.6 Kongsberg Defense Systems: financial analysis
  7.2.7 Forsvarets Forskningsinstitutt: overview
  7.2.8 Forsvarets Forskningsinstitutt: defense products
  7.2.9 Forsvarets Forskningsinstitutt: recent announcements and strategic initiatives
  7.2.10 Forsvarets Forskningsinstitutt: alliances
  7.2.11 Forsvarets Forskningsinstitutt: recent contract wins
  7.2.12 Forsvarets Forskningsinstitutt: financial analysis
  7.2.13 NAMMO AS: overview
  7.2.14 NAMMO AS: products and services
  7.2.15 NAMMO AS: recent announcements and strategic initiatives
  7.2.16 NAMMO AS: alliances
  7.2.17 NAMMO AS: recent contract wins
  7.2.18 NAMMO AS: financial analysis
  7.2.19 Kitron: overview
  7.2.20 Kitron: products and services
  7.2.21 Kitron: recent announcements and strategic initiatives
  7.2.22 Kitron: alliances
  7.2.23 Kitron: recent contract wins
  7.2.24 Kitron: financial analysis
7.3 Key Private Sector Companies
  7.3.1 Natech NSV AS: overview
  7.3.2 Natech NSV AS: products and services
  7.3.3 Natech NSV AS: recent contracts and strategic initiatives
  7.3.4 Natech NSV AS: alliances
  7.3.5 Natech NSV AS: recent contract wins
  7.3.6 Natech NSV AS: financial analysis
  7.3.7 Jotne EPM Technology AS: overview
  7.3.8 Jotne EPM Technology AS: products and services
  7.3.9 Jotne EPM Technology AS: recent announcements and strategic initiatives
  7.3.10 Jotne EPM Technology AS: alliances
  7.3.11 Jotne EPM Technology AS: recent contract wins
  7.3.12 Jotne EPM Technology AS: financial analysis
  7.3.13 Tinex: overview
  7.3.14 Tinex: products and services
  7.3.15 Tinex: recent announcements and strategic initiatives
  7.3.16 Tinex: alliances
  7.3.17 Tinex: recent contract wins
  7.3.18 Tinex: financial analysis
  7.3.19 Thales Norway AS: overview
  7.3.20 Thales Norway AS: products and services
  7.3.21 Thales Norway AS: recent announcements and strategic initiatives
  7.3.22 Thales Norway AS: alliances
  7.3.23 Thales Norway AS: recent contract wins
  7.3.24 Thales Norway AS: financial analysis
  7.3.25 Sea-Hawk Navigation AS: overview
  7.3.26 Sea-Hawk Navigation AS: products
  7.3.27 Sea-Hawk Navigation AS: recent announcements and strategic initiatives
  7.3.28 Sea-Hawk Navigation AS: alliances
  7.3.29 Sea-Hawk Navigation AS: recent contract wins
  7.3.30 Sea-Hawk Navigation AS: financial analysis
  7.3.31 Simrad Optronics AS: overview
  7.3.32 Simrad Optronics AS: products
  7.3.33 Simrad Optronics AS: recent announcements and strategic initiatives
  7.3.34 Simrad Optronics AS: alliances
  7.3.35 Simrad Optronics AS: recent contract wins
  7.3.36 Simrad Optronics AS: financial analysis
  7.3.37 Umoe Mandal: overview
  7.3.38 Umoe Mandal: products and services
  7.3.39 Umoe Mandal: recent announcements and strategic initiatives
  7.3.40 Umoe Mandal: alliances
  7.3.41 Umoe Mandal: recent contract wins
  7.3.42 Umoe Mandal: financial analysis
  7.3.43 Eidsvoll Electronics AS: overview
  7.3.44 Eidsvoll Electronics AS: products and services
  7.3.45 Eidsvoll Electronics AS: recent announcements and strategic initiatives
  7.3.46 Eidsvoll Electronics AS: alliances
  7.3.47 Eidsvoll Electronics AS: recent contract wins
  7.3.48 Eidsvoll Electronics AS: financial analysis

8 BUSINESS ENVIRONMENT AND COUNTRY RISK

8.1 Business Confidence
  8.1.1 Industrial confidence indicator, manufacturing
  8.1.2 Market capitalization trend – the Oslo Stock Exchange, Norway
  8.1.3 FDI inflows
  8.1.4 Deployment of credit by sector
8.2 Economic Performance
  8.2.1 GDP at constant prices
  8.2.2 GDP per capita at constant prices
  8.2.3 GDP at current prices
  8.2.4 GDP per capita at current prices
  8.2.5 GDP split by key segments
  8.2.6 Agriculture net output at current prices (Norwegian kroner)
  8.2.7 Agriculture net output at current prices (US dollar)
  8.2.8 Agriculture net output at current prices as percentage of GDP
  8.2.9 Manufacturing net output at current prices (Norwegian kroner)
  8.2.10 Manufacturing net output at current prices (US dollars)
  8.2.11 Manufacturing net output at current prices as percentage of GDP
  8.2.12 Mining, manufacturing and utilities net output at current prices (Norwegian kroner)
  8.2.13 Mining, manufacturing and utilities at current prices (US dollars)
  8.2.14 Mining, manufacturing and utilities at current prices as percentage of GDP
  8.2.15 Construction net output at current prices (Norwegian kroner)
  8.2.16 Construction net output at current prices (US dollar)
  8.2.17 Construction output at current prices as a percentage of GDP
  8.2.18 Crude steel production
  8.2.19 Crude oil consumption
  8.2.20 Inflation rate
  8.2.21 Fiscal balance as a percentage of GDP
  8.2.22 Trade balance as a percentage of GDP
  8.2.23 Exports as a percentage of GDP
  8.2.24 Imports as a percentage of GDP
  8.2.25 Exports growth
  8.2.26 Imports growth
  8.2.27 External debt as percentage of GDP
  8.2.28 Annual average exchange rate US$–NOK
  8.2.29 End of the period exchange rate US$–NOK
8.3 Infrastructure Quality and Availability
  8.3.1 Total airports and ports
  8.3.2 Railways and roads
  8.3.3 Automotive components exports trend
  8.3.4 Automotive components import trend
  8.3.5 Passenger car penetration
  8.3.6 Total installed capacity for electricity generation
  8.3.7 Installed capacity for conventional thermal electricity generation
  8.3.8 Electricity production
  8.3.9 Installed capacity for the generation of hydroelectricity
  8.3.10 Installed capacity for renewable electricity generation
  8.3.11 Electricity consumption
  8.3.12 Electricity exports
  8.3.13 Electricity imports
  8.3.14 Healthcare expenditure
  8.3.15 Healthcare expenditure as a percentage of GDP
  8.3.16 Healthcare expenditure per capita
  8.3.17 R&D expenditure as a percentage of GDP
  8.3.18 Total internet subscribers
  8.3.19 Broadband internet subscribers
  8.3.20 Personal computer penetration
  8.3.21 Mobile phone penetration rate
8.4 Labor Force
  8.4.1 Labor force
  8.4.2 Unemployment rate
8.5 Demographics
  8.5.1 Annual disposable income
  8.5.2 Annual per capita disposable income
  8.5.3 Annual consumer expenditure on food
  8.5.4 Annual per capita consumer expenditure on food
  8.5.5 Urban and rural population
  8.5.6 Female percentage of population
  8.5.7 Male percentage of population
  8.5.8 Mean age of population
  8.5.9 Median age of population
  8.5.10 Population density
  8.5.11 Age distribution of total population
  8.5.12 Age distribution of male population
  8.5.13 Age distribution of female population
  8.5.14 Number of households
8.6 Political and Social Risk
  8.6.1 Political stability
  8.6.2 Terrorism index
  8.6.3 Transparency index

9 APPENDIX

9.1 Contact Us
9.2 About ICD Research
9.3 Disclaimer

LIST OF TABLES

Table 1: Norwegian Defense Expenditure, 2007–2011
Table 2: Norwegian Defense Expenditure, 2012–2016
Table 3: Norwegian Defense Expenditure as a Percentage of GDP, 2007–2011
Table 4: Norwegian Defense Expenditure as a Percentage of GDP, 2012–2016
Table 5: Norwegian Defense Budget Split Between Capital and Revenue Expenditure, 2007–2011
Table 6: Norwegian Defense Budget Split Between Capital and Revenue Expenditure, 2012–2016
Table 7: Norwegian Defense Capital Expenditure Breakdown (%), 2007–2011
Table 8: Norwegian Defense Capital Expenditure Breakdown (%), 2012–2016
Table 9: Norwegian Defense Capital Expenditure for Air Force (US$ Billion), 2007–2011
Table 10: Norwegian Defense Capital Expenditure for Air Force (US$ billion), 2012–2016
Table 11: Norwegian Defense Capital Expenditure for Army (US$ billion), 2007–2011
Table 12: Norwegian Defense Capital Expenditure for Army (US$ billion), 2012–2016
Table 13: Norwegian Defense Capital Expenditure for Navy (US$ billion), 2007–2011
Table 14: Norwegian Defense Capital Expenditure for Navy (US$ billion), 2012–2016
Table 15: Norwegian Defense Capital Expenditure for Procurement of Material, Buildings and Construction Work (US$ billion), 2007–2011
Table 16: Norwegian Defense Capital Expenditure for Procurement of Material, Buildings and Construction Work (US$ billion), 2012–2016
Table 17: Norwegian Defense Capital Expenditure for Other Categories (US$ billion), 2007–2011
Table 18: Norwegian Defense Capital Expenditure for Other Categories (US$ billion), 2012–2016
Table 19: Norwegian Homeland Security Expenditure (US$ billion), 2007–2011
Table 20: Norwegian Homeland Security Expenditure (US$ billion), 2012–2016
Table 21: ICD Research Terrorism Index
Table 22: Benchmarking with Key Markets – 2007–2011 vs 2012–2016
Table 23: Benchmarking with World’s Largest Defense Spenders – 2011 and 2016
Table 24: Top Twenty Global Arms Importers*, 2007–2011
Table 25: Norwegian Investments in Major Land Systems, 2010–2017
Table 26: Norwegian Investments in Major Naval Systems, 2010–2017
Table 27: Norwegian Investments in Major Air Systems, 2010–2017
Table 28: Norwegian Investments in Major Soldier Systems, 2010–2017
Table 29: Norwegian Investments in Major Network-Based Defense, 2010–2017
Table 30: Norwegian Investments in Major Logistics Systems, 2010–2017
Table 31: Offset Regulations in Norway
Table 32: Offset Multiplier Categories
Table 33: Market Entry Strategies by Key Foreign Companies
Table 34: Kongsberg Defense Systems – Product Focus
Table 35: Kongsberg Defense Systems – Alliances
Table 36: Kongsberg Defense Systems – Recent Contract Wins
Table 37: Forsvarets Forskningsinstitutt – Product Focus
Table 38: Forsvarets Forskningsinstitutt – Alliances
Table 39: Forsvarets Forskningsinstitutt – Recent Contract Wins
Table 40: NAMMO AS – Product Focus
Table 41: NAMMO AS – Alliances
Table 42: NAMMO AS – Recent Contract Wins
Table 43: Kitron – Product Focus
Table 44: Kitron – Alliances
Table 45: Kitron - Recent Contract Wins
Table 46: Natech NSV AS – product focus
Table 47: Natech NSV AS - Alliances
Table 48: Natech NSV AS – Recent Contract Wins
Table 49: Jotne EPM Technology AS – product focus
Table 50: Jotne EPM Technology AS: Alliances
Table 51: Jotne EPM Technology AS – Recent Contract Wins
Table 52: Tinex – product focus
Table 53: Thales Norway AS – product focus
Table 54: Thales Norway AS – Alliances
Table 55: Thales Norway AS – Recent Contract Wins
Table 56: Thales Norway AS – Product Focus
Table 57: Simrad Optronics AS – Product Focus
Table 58: Simrad Optronics AS - Recent Contract Wins
Table 59: Umoe Mandal – Product Focus
Table 60: Umoe Mandal – Alliances
Table 61: Eidsvoll Electronics AS – Product Focus
Table 62: Eidsvoll Electronics - Alliances
Table 63: Eidsvoll - Recent Contract Wins

LIST OF FIGURES

Figure 1: Norwegian Defense Expenditure, 2007–2011
Figure 2: Norwegian Defense Expenditure, 2012–2016
Figure 3: Norwegian Defense Expenditure as a Percentage of GDP, 2007–2011
Figure 4: Norwegian Defense Expenditure as a Percentage of GDP, 2012–2016
Figure 5: Norwegian Defense Budget Split Between Capital and Revenue Expenditure, 2007–2011
Figure 6: Norwegian Defense Budget Split Between Capital and Revenue Expenditure, 2012–2016
Figure 7: Norwegian Defense Capital Expenditure Breakdown (%), 2007–2011
Figure 8: Norwegian Defense Capital Expenditure Breakdown (%), 2012–2016
Figure 9: Norwegian Defense Capital Expenditure for Air Force (US$ Billion), 2007–2011
Figure 10: Norwegian Defense Capital Expenditure for Air Force (US$ billion), 2012–2016
Figure 11: Norwegian Defense Capital Expenditure for Army (US$ billion), 2007–2011
Figure 12: Norwegian Defense Capital Expenditure for Army (US$ billion), 2012–2016
Figure 13: Norwegian Defense Capital Expenditure for Navy (US$ billion), 2007–2011
Figure 14: Norwegian Defense Capital Expenditure for Navy (US$ billion), 2012–2016
Figure 15: Norwegian Defense Capital Expenditure for Procurement of Material, Buildings and Construction Work (US$ billion), 2007–2011
Figure 16: Norwegian Defense Capital Expenditure for Procurement of Material, Buildings and Construction Work (US$ billion), 2012–2016
Figure 17: Norwegian Defense Capital Expenditure for Other Categories (US$ billion), 2007–2011
Figure 18: Norwegian Defense Capital Expenditure for Other Categories (US$ billion), 2012–2016
Figure 19: Norwegian Homeland Security Expenditure (US$ billion), 2007–2011
Figure 20: Norwegian Homeland Security Expenditure (US$ billion), 2012–2016
Figure 21: ICD Research Terrorism Heat Map
Figure 22: ICD Research Terrorism Heat Index
Figure 23: Benchmarking with Key Markets – 2007–2011 vs 2012–2016
Figure 24: Benchmarking with World’s Largest Defense Spenders – 2011 and 2016
Figure 25: Benchmarking with Large Defense Spenders as Percentage of GDP – 2011
Figure 26: Norwegian Defense Forces Key Focus Areas of Expenditure (%), 2010–2017
Figure 27: Key Focus Areas – Investments in Major Land Systems, 2010–2017
Figure 28: Key Focus Areas – Investments in Major Air Systems (%), 2010–2017
Figure 29: Key Focus Areas – Investments in Major Soldier Systems, 2010–2017
Figure 30: Key Focus Areas – Investments in Major Network-Based Defense, 2010–2017
Figure 31: Key Focus Areas – Investments in Major Logistics Systems (%), 2010–2017
Figure 32: Norwegian Defense Imports (US$ Million), 2005–2010
Figure 33: Norwegian Defense Imports by Country (%), 2005–2010
Figure 34: Norwegian Defense Imports by Category (%), 2005–2010
Figure 35: Norwegian Defense Exports (US$ Million), 2005–2010
Figure 36: Norwegian Defense Exports by Country (%), 2005– 2010
Figure 37: Norwegian Defense Exports by Category (%), 2005–2010
Figure 38: Industry Dynamics – Porter’s Five Forces Analysis
Figure 39: Kongsberg Defense Systems – Revenue Trend Analysis (NOK Million), 2006–2010
Figure 40: Kongsberg Defense Systems – Operating Profit Trend Analysis (NOK Million), 2006–2010
Figure 41: Forsvarets Forskningsinstitutt – Revenue Trend Analysis (NOK Million), 2006–2010
Figure 42: Forsvarets Forskningsinstitutt – Operating Profit Trend Analysis (NOK Million), 2006–2010
Figure 43: Forsvarets Forskningsinstitutt – Net Profit Trend Analysis (NOK Million), 2006–2010
Figure 44: NAMMO AS – Revenue Trend Analysis (NOK Million), 2006–2010
Figure 45: NAMMO AS – Operating Profit Trend Analysis (NOK Million), 2006–2010
Figure 46: NAMMO AS – Net Profit Trend Analysis (NOK Million), 2006–2010
Figure 47: Kitron – Revenue Trend Analysis (NOK Million), 2006–2010
Figure 48: Umoe Mandal – Revenue Trend Analysis (NOK Million), 2007–2010
Figure 49: Umoe Mandal – Operating Profit Analysis (NOK Million), 2007–2010
Figure 50: Norwegian Industrial Confidence Indicator, Manufacturing, 2008–2010
Figure 51: The Oslo Stock Exchange Market Capitalization (US$ Billion), 2003–2009
Figure 52: Norwegian FDI Inflows (US$ Billion) 2003–2008
Figure 53: Norwegian Deployment of Credit by Sector (US$ Billion), 2004–2008
Figure 54: Norwegian GDP at Constant Prices (US$ Billion), 2003–2015
Figure 55: Norwegian GDP per Capita at Constant Prices (US$), 2003–2015
Figure 56: Norwegian GDP at Current Prices (US$ Billion), 2003–2015
Figure 57: Norwegian GDP per Capita at Current Prices (US$), 2003–2015
Figure 58: Norwegian GDP Split by Key Segments (%), 2003 vs. 2009
Figure 59: Norwegian Agriculture Net Output at Current Prices (NOK Billion), 2003–2015
Figure 60: Norwegian Agriculture Net Output at Current Prices (US$ Billion), 2003–2015
Figure 61: Norwegian Agriculture Net Output at Current Prices as a Percentage of GDP (%), 2003–2015
Figure 62: Norwegian Manufacturing Net Output at Current Prices (NOK Billion), 2003–2015
Figure 63: Norwegian Manufacturing Net Output at Current Prices (US$ Billion), 2003–2015
Figure 64: Norwegian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2003–2015
Figure 65: Norwegian Mining, Manufacturing and Utilities Net Output at Current Prices (NOK Billion), 2003–2015
Figure 66: Norwegian Mining, Manufacturing and Utilities Output at Current Prices (US$ Billion), 2003–2015
Figure 67: Norwegian Mining, Manufacturing and Utilities Output at Current Prices as a Percentage of GDP (%), 2003–2015
Figure 68: Norwegian Construction Net Output at Current Prices (NOK Billion), 2003–2015
Figure 69: Norwegian Construction Net Output at Current Prices (US$ Billion), 2003–2015
Figure 70: Norwegian Construction Output at Current Prices as a Percentage of GDP (%), 2003–2015
Figure 71: Norwegian Crude Steel Production (Metric Tons), 2003–2015
Figure 72: Norwegian Crude Oil Consumption (Million Tons), 2003–2015
Figure 73: Norwegian Inflation Rate (%), 2003–2015
Figure 74: Norwegian Fiscal Balance as a Percentage of GDP (%), 2003–2015
Figure 75: Norwegian Trade Balance as a Percentage of GDP (%), 2003–2009
Figure 76: Norwegian Exports as a Percentage of GDP (%), 2003–2015
Figure 77: Norwegian Imports as a Percentage of GDP (%), 2003–2015
Figure 78: Norwegian Exports Growth (%), 2003–2015
Figure 79: Norwegian Imports Growth (%), 2003–2015
Figure 80: Norwegian External Debt as a Percentage of GDP (%) 2003–2009
Figure 81: Norwegian Annual Average Exchange Rate US$–NOK, 2003–2009
Figure 82: Norwegian End of the Period Exchange Rate US$–NOK, 2003–2009
Figure 83: Norwegian Airports and Ports (Number of), 2009
Figure 84: Norwegian Railways and Roadways (Kilometers), 2009
Figure 85: Norwegian Automotive Components Exports (US$ Million), 2003–2015
Figure 86: Norwegian Automotive Components Imports (US$ Billion), 2003–2015
Figure 87: Norwegian Passenger Car Penetration (per 1000 People), 2003–2015
Figure 88: Norwegian Total Installed Capacity for Electricity Generation (Million Kilowatts), 2003–2015
Figure 89: Norwegian Installed Capacity for the Generation of Conventional Thermal Electricity (Million Kilowatts), 2003–2015
Figure 90: Norwegian Electricity Production (Billion Kilowatt Hours), 2003–2015
Figure 91: Norwegian Installed Capacity for the Generation of Hydroelectricity (Million Kilowatts), 2003–2015
Figure 92: Norwegian Installed Capacity for Generation of Renewable Electricity (Million Kilowatts), 2003–2015
Figure 93: Norwegian Electricity Consumption (Billion Kilowatt Hours), 2003–2015
Figure 94: Norwegian Electricity Exports (Billion Kilowatt Hours), 2003–2015
Figure 95: Norwegian Electricity Imports (Billion Kilowatt Hours), 2003–2015
Figure 96: Norwegian Healthcare Expenditure (US$ Billion), 2003–2015
Figure 97: Norwegian Healthcare Expenditure as a Percentage of GDP (%), 2003–2015
Figure 98: Norwegian per Capita Healthcare Expenditure (US$), 2003–2015
Figure 99: Norwegian R&D Expenditure as a Percentage of GDP (%), 2003–2015
Figure 100: Norwegian Internet Subscriptions (Million), 2003–2015
Figure 101: Norwegian Broadband Internet Subscriptions (Million), 2003–2015
Figure 102: Norwegian Personal Computer Penetration (per 100 People), 2003–2015
Figure 103: Norwegian Mobile Phone Penetration (per 100 People), 2003–2015
Figure 104: Norwegian Size of Labor Force in 15-59 Age Group (Million), 2003–2015
Figure 105: Norwegian Unemployment Rate (%), 2003–2015
Figure 106: Norwegian Annual Disposable Income (US$ Billion), 2003–2015
Figure 107: Norwegian Annual per Capita Disposable Income (US$), 2003–2015
Figure 108: Norwegian Consumer Expenditure on Food (US$ Billion), 2003–2015
Figure 109: Norwegian Annual per Capita Consumer Expenditure on Food (US$), 2003–2015
Figure 110: Norwegian Urban and Rural Population (%), 2003–2015
Figure 111: Norwegian Female Percentage of Population (%), 2003–2015
Figure 112: Norwegian Male Percentage of Population (%), 2003–2015
Figure 113: Norwegian Mean Age of Population (Years), 2003–2015
Figure 114: Norwegian Median Age of Population (Years), 2003–2015
Figure 115: Norwegian Population Density (per Square Kilometer), 2003–2015
Figure 116: Norwegian Population Distribution by Age (%), 2003–2015
Figure 117: Norwegian Male Population Distribution by Age (%), 2003–2015
Figure 118: Norwegian Female Population Distribution by Age (%), 2003–2015
Figure 119: Norwegian Number of Households (Million), 2003–2015
Figure 120: Global Terrorism Heat Map, 2009
Figure 121: Norwegian Transparency Index, 2003–2009

COMPANIES MENTIONED

Kongsberg Defense Systems, Forsvarets Forskningsinstitutt, NAMMO AS, Kitron, Natech NSV AS, Jotne EPM Technology AS, Tinex, Thales Norway AS, Sea-Hawk Navigation AS, Simrad Optronics AS, Umoe Mandal, Eidsvoll Electronics AS Skip to top