PESTLE Analysis of Norway 2013, September 2013
The Norwegian economy realized good growth in the past years and is expected to reach $608.6 billion by 2018. Most of the sectors of Norway are open for foreign direct investment (FDI). With new economy policy, Norway is attracting more FDI and foreign institution investors (FII). Some of the major industries in Norway are permitted 100% FDI. The services sector also attracts ample FDI in banking and financial services. The mining and manufacturing sector attracted 50% of total FDI inflows in 2012. Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the political, economic, social, technological, legal, and environmental risk analysis of the country and presents its findings in “PESTLE Analysis of Norway 2013”. This report gives the insightful SWOT analysis of Norway.
The report indicates that Norway mainly trades with other European countries as majority of the country’s total exports and imports are done with the European countries. Downfall in the European market will possibly lead to decrease in demand and overall trade of Norway. Norway has a very low density of population, which is negatively impacting some industries, such as retail, food and clothing, etc.
Lucintel provides a concise overview of the key drivers of the Norwegian economy. Norway is the fifth largest exporter of oil and the second largest exporter of gas. The major source of income of Norway is the energy industry which is driving the economy. The service sector is another driver of the Norwegian economy with major contribution to GDP in 2012. In the services sector, real estate activities and IT industry contribute the major chunk to national GDP.
Maritime, seafood, IT and technology are the major industries emerging out as some of the major contributors to Norwegian GDP. These industries are attracting ample amount of FDI.
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.
Features of This Report:
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 2013” include:
The report indicates that Norway mainly trades with other European countries as majority of the country’s total exports and imports are done with the European countries. Downfall in the European market will possibly lead to decrease in demand and overall trade of Norway. Norway has a very low density of population, which is negatively impacting some industries, such as retail, food and clothing, etc.
Lucintel provides a concise overview of the key drivers of the Norwegian economy. Norway is the fifth largest exporter of oil and the second largest exporter of gas. The major source of income of Norway is the energy industry which is driving the economy. The service sector is another driver of the Norwegian economy with major contribution to GDP in 2012. In the services sector, real estate activities and IT industry contribute the major chunk to national GDP.
Maritime, seafood, IT and technology are the major industries emerging out as some of the major contributors to Norwegian GDP. These industries are attracting ample amount of FDI.
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.
Features of This Report:
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 2013” 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 GPD
- Trends in savings, investments, and consumptions
- Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
1. EXECUTIVE SUMMARY
2. NORWAY POLITICAL ANALYSIS
2.1: Structure and Stability of Government
2.2: Government Policy Agenda
2.2.1: Policy Agenda
3. NORWAY ECONOMIC ANALYSIS
3.1: Sectoral contribution to GDP and GDP growth rate
3.2: Pricing trends - inflation and interest rates
3.3: Consumption, saving, and investment trends
3.4: International trade and its contribution to GDP
3.5: Foreign direct investment by industry
4. NORWAY ECONOMIC AND BUSINESS RISK ANALYSIS
4.1: Risk in current account balance
4.2: Terms of trade of Norway
4.3: Risk in balance of payment (BOP)
4.4: Risk in financial sector – fiscal balance
4.5: Risk in external sector
4.5.1: External debt and default risk
4.5.2; Risk in foreign exchange reserves and exchange rate
4.6: Credit rating of countries
5. NORWAY SOCIAL ANALYSIS
5.1: Social and demographic analysis
5.2: Labor market
5.3: Social development index
6. NORWAY R&D AND TECHNOLOGICAL FACTORS
6.1: R&D expenditure in Norway
6.2; Impact of technology in industry
6.3: Technology policy
7. NORWAY LEGAL ANALYSIS
7.1: Company law
7.2: Labor law
7.3: Tax law
7.4: Recent economic policies
7.5: Doing business in Norway 2013
8. NORWAY ENVIRONMENTAL ANALYSIS
8.1: Environment policy
9. SWOT ANALYSIS OF NORWAY
2. NORWAY POLITICAL ANALYSIS
2.1: Structure and Stability of Government
2.2: Government Policy Agenda
2.2.1: Policy Agenda
3. NORWAY ECONOMIC ANALYSIS
3.1: Sectoral contribution to GDP and GDP growth rate
3.2: Pricing trends - inflation and interest rates
3.3: Consumption, saving, and investment trends
3.4: International trade and its contribution to GDP
3.5: Foreign direct investment by industry
4. NORWAY ECONOMIC AND BUSINESS RISK ANALYSIS
4.1: Risk in current account balance
4.2: Terms of trade of Norway
4.3: Risk in balance of payment (BOP)
4.4: Risk in financial sector – fiscal balance
4.5: Risk in external sector
4.5.1: External debt and default risk
4.5.2; Risk in foreign exchange reserves and exchange rate
4.6: Credit rating of countries
5. NORWAY SOCIAL ANALYSIS
5.1: Social and demographic analysis
5.2: Labor market
5.3: Social development index
6. NORWAY R&D AND TECHNOLOGICAL FACTORS
6.1: R&D expenditure in Norway
6.2; Impact of technology in industry
6.3: Technology policy
7. NORWAY LEGAL ANALYSIS
7.1: Company law
7.2: Labor law
7.3: Tax law
7.4: Recent economic policies
7.5: Doing business in Norway 2013
8. NORWAY ENVIRONMENTAL ANALYSIS
8.1: Environment policy
9. SWOT ANALYSIS OF NORWAY
LIST OF FIGURES
CHAPTER 3. NORWAY ECONOMIC ANALYSIS
Figure 3.1: Global economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Forecast of Real GDP growth rate
Figure 3.4: Quarterly trend of IIP and GDP growth rate
Figure 3.4: Trend of per capita income
Figure 3.5: GDP sectoral contribution, 2012
Figure 3.6: Share of different Sectors to GDP
Figure 3.7: Trend of leading industries in Norway
Figure 3.8: Quarterly trend of inflation and interest rates
Figure 3.9: Annual trend of inflation and interest rate
Figure 3.10: Trend of savings and investments as percentage of GDP
Figure 3.11: Trend of consumption expenditure as percentage of GDP
Figure 3.12: Norway’s international trade structure
Figure 3.13: Exports and imports as percentage of GDP
Figure 3.14: FDI inflows by industry
4. NORWAY ECONOMIC AND BUSINESS RISK ANALYSIS
Figure 4.1: Trend of current account balance and percentage of GDP
Figure 4.2: Terms of trade of Norway
Figure 4.3: Trend of balance of payment
Figure 4.4: Trend of gross government debt as percentage of GDP
Figure 4.5: Trend of gross government debt
Figure 4.6: Trend of foreign exchange reserves and exchange rate
CHAPTER 5. NORWAY SOCIAL ANALYSIS
Figure 5.1: Political map of Norway
Figure 5.2: Trend of population in Norway
Figure 5.3: Population age structure
Figure 5.4: Trend of unemployment rate in Norway
CHAPTER 6. NORWAY R&D AND TECHNOLOGICAL FACTORS
Figure 6.1: Trend of R&D expenditure in Norway
CHAPTER 3. NORWAY ECONOMIC ANALYSIS
Figure 3.1: Global economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Forecast of Real GDP growth rate
Figure 3.4: Quarterly trend of IIP and GDP growth rate
Figure 3.4: Trend of per capita income
Figure 3.5: GDP sectoral contribution, 2012
Figure 3.6: Share of different Sectors to GDP
Figure 3.7: Trend of leading industries in Norway
Figure 3.8: Quarterly trend of inflation and interest rates
Figure 3.9: Annual trend of inflation and interest rate
Figure 3.10: Trend of savings and investments as percentage of GDP
Figure 3.11: Trend of consumption expenditure as percentage of GDP
Figure 3.12: Norway’s international trade structure
Figure 3.13: Exports and imports as percentage of GDP
Figure 3.14: FDI inflows by industry
4. NORWAY ECONOMIC AND BUSINESS RISK ANALYSIS
Figure 4.1: Trend of current account balance and percentage of GDP
Figure 4.2: Terms of trade of Norway
Figure 4.3: Trend of balance of payment
Figure 4.4: Trend of gross government debt as percentage of GDP
Figure 4.5: Trend of gross government debt
Figure 4.6: Trend of foreign exchange reserves and exchange rate
CHAPTER 5. NORWAY SOCIAL ANALYSIS
Figure 5.1: Political map of Norway
Figure 5.2: Trend of population in Norway
Figure 5.3: Population age structure
Figure 5.4: Trend of unemployment rate in Norway
CHAPTER 6. NORWAY R&D AND TECHNOLOGICAL FACTORS
Figure 6.1: Trend of R&D expenditure in Norway
LIST OF TABLES
CHAPTER 1. EXECUTIVE SUMMARY
Table 1.1: Factors affecting business in Norway
CHAPTER 2. NORWAY POLITICAL ANALYSIS
Table 2.1: Political factors and its impact on business
CHAPTER 3. NORWAY ECONOMIC ANALYSIS
Table 3.1: Factors affecting retail industry growth
Table 3.2: Economic factors and its impact on business
Table 3.3: Economic insights of Norwegian economy
Table 3.4: Economic scenario of Norway
CHAPTER 4. NORWAY ECONOMIC AND BUSINESS RISK ANALYSIS
Table 4.1: Credit rating of countries by Moody’s, Fitch, and S&P
CHAPTER 5. NORWAY SOCIAL ANALYSIS
Table 5.1: Corruption, GINI, Homicide, and Human Development Index
Table 5.2: Social factors and its impact on business
CHAPTER 6. NORWAY R&D AND TECHNOLOGICAL FACTORS
Table 6.1: Technological Factor and Its Impact on business
CHAPTER 7. NORWAY LEGAL ANALYSIS
Table 7.1: Tax rates in Norway, 2013
Table 7.2: Indicators for starting business
Table 7.3: Ranking of procedures for starting up a business
Table 7.4: Legal factors and its impact on business
CHAPTER 8. NORWAY ENVIRONMENTAL ANALYSIS
Table 8.1: Environmental factor and its impact on business
CHAPTER 1. EXECUTIVE SUMMARY
Table 1.1: Factors affecting business in Norway
CHAPTER 2. NORWAY POLITICAL ANALYSIS
Table 2.1: Political factors and its impact on business
CHAPTER 3. NORWAY ECONOMIC ANALYSIS
Table 3.1: Factors affecting retail industry growth
Table 3.2: Economic factors and its impact on business
Table 3.3: Economic insights of Norwegian economy
Table 3.4: Economic scenario of Norway
CHAPTER 4. NORWAY ECONOMIC AND BUSINESS RISK ANALYSIS
Table 4.1: Credit rating of countries by Moody’s, Fitch, and S&P
CHAPTER 5. NORWAY SOCIAL ANALYSIS
Table 5.1: Corruption, GINI, Homicide, and Human Development Index
Table 5.2: Social factors and its impact on business
CHAPTER 6. NORWAY R&D AND TECHNOLOGICAL FACTORS
Table 6.1: Technological Factor and Its Impact on business
CHAPTER 7. NORWAY LEGAL ANALYSIS
Table 7.1: Tax rates in Norway, 2013
Table 7.2: Indicators for starting business
Table 7.3: Ranking of procedures for starting up a business
Table 7.4: Legal factors and its impact on business
CHAPTER 8. NORWAY ENVIRONMENTAL ANALYSIS
Table 8.1: Environmental factor and its impact on business
