Compare the economies of the countries

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Economy power of Norway & Oman

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Norway vs Oman

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Norway Oman
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The Kingdom of Norway is a nation located in Northern Europe and it is one of the Nordic countries. Most of its territory is located on the western and northernmost portion of the Scandinavian Peninsula. However, they also own the archipelago of Svalbard and the Arctic island of Jan Mayen as well as several other minor isles. There are four different bordering nations, namely Sweden, Denmark, Finland and Russia. The Norwegian land covers approximately 385,000 square kilometers  More about Norway The Sultanate of Oman is a nation located in the Arabian Peninsula, in its southeastern coast. It is one of the oldest independent states in the Arab world. Due to its strategic location in Western Asia, it is one of the most important trading partners for many crucial nations around the world. The capital and largest city in the nation is Muscat. More about Oman

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Norway Oman
Position in the ranking of countries 31 (2023) 64 (2023)
GDP [US$] 485,310,823,603 108,810,923,276
Percentage of the other 446 % 22.4 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Norway Oman
Position in the ranking of countries 27 (2023) 64 (2023)
GNI [US$] 507,846,254,957 103,593,758,127
Percentage of the other 490.2 % 20.4 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Norway Oman
Position in the ranking of countries 11 (2023) 22 (2022)
External balance [US$] 71,491,259,072 19,947,984,395
Percentage of the other 358.4 % 27.9 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Norway Oman
Position in the ranking of countries 11 (2023) 22 (2022)
Unemployment [%] 3.97 3.16
Percentage of the other 125.6 % 79.6 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Norway Oman
Position in the ranking of countries 114 (2023) 121 (2023)
Population 5,519,594 5,049,269
Percentage of the other 109.3 % 91.5 %

Population growth (annual %)

Density

Gender

Demography