All you need to know about Norway
Norway is the northern most country in Europe and is the 2nd least densely populated country within the continent. Norway shares boarders with Sweden, Finland and Russia and is famous for its grand mountains and its various landscapes across the Arctic Circle.
Norway has a mixed economy with the state owning its key industrial sectors; this therefore makes the public sector its highest contribution to the GDP. It is estimated that the country’s GDP is worth $499.8 billion (2012). Norway is full of natural resources including petroleum, hydropower, fish, forests and minerals with an annual oil revenue of around $40 billion. Based on this figure Norway is expected to continue to be one of the richest countries in the world within the future. It also has one of the highest standards of living with a low unemployment rate and free public health care.
In 2012 Norway saw 7.9 million overnight stays from international tourists, spending around NOK33.3 billion. Tourism employs 233,000 citizens with popular destinations including the fjord indented coastline (steep cliffs bordering the sea), ski hills – Holmenkollbakken, waterfalls and amusement parks.
There are many serviced apartments in Norway, mostly located in Oslo. There are various transport options including waterways, bridges, tunnels and mountain passes with a rail network connecting most of the cities. There are also airports located in or nearby each city making it easy to travel throughout the country. Serviced apartments throughout Norway provide corporate travellers with a more economical and enjoyable solution to an extended hotel stay.
Key Facts
Capital: Oslo
Population: 5 million
Currency: Norwegian krone (NOK)
Language: Norwegian
Dominant religion: Christianity
Time Zone: (UTC+1)
Main exports: Petroleum and petroleum products
Internet domain: .no
International dial code: +47
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