Norway energy markets long-term outlook 2017 - A hub of clean energy
Norway is a mature economy with high standards of living, boasting one of the highest GDP per capita in the world at about US$89,400. Norway is not part of the European Union and has maintained the krone as its currency. However, it is a member of the European Economic Area, allowing it to participate in the European market. Given its small population of 5.3 million (2017), Norway’s economy is structured around exports.