Commodity market report

Norway economic outlook Q2 2015

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Report summary

Oil and gas is an important sector in the Norwegian economy. More than a fifth of Norway's Gross Value Added is generated from oil and gas extraction and related services. Lower oil prices will slow economic growth to 0.5% in 2015 from 2.2% last year. Over the longer term Norway will need to further diversify from hydrocarbons. Post 2020 declining investment in the upstream sector lower production and exports of natural gas and crude oil will weigh on GDP.

What's included

This report contains

  • Document

    Norway economic outlook Q2 2015

    PDF 369.47 KB

  • Document

    Norway economic outlook Q2 2015

    ZIP 416.85 KB

  • Document

    Country economic data Norway Q2 2015.xls

    XLS 138.00 KB

  • Document

    Executive summary

    PDF 77.44 KB

  • Document

    Market structure

    PDF 105.42 KB

  • Document

    Policy and regulation

    PDF 109.12 KB

  • Document

    Economic outlook

    PDF 94.74 KB

  • Document

    Risks and uncertainties

    PDF 56.36 KB

Table of contents

  • Executive summary
  • Market structure
  • Policy and regulation
  • Economic outlook
  • Risks and uncertainties

Tables and charts

This report includes 12 images and tables including:

Images

  • Gross value added by sector
  • GDP by expenditure
  • Exports by product
  • Fiscal balance and government debt
  • Sovereign wealth
  • Current account balance
  • Foreign exchange reserves
  • Upstream revenue
  • Upstream oil and gas capex
  • GDP growth
  • Population

Tables

  • Economic indicators

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