Compare the economies of the countries

Table of Contents

Economy power of Norway & Thailand

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Norway vs Thailand

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Norway Thailand
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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 Kingdom of Thailand was earlier on known as Siam. It is a nation that plays a crucial role in Southeast Asia where it is located. Since it is at the centre of the Indochinese Peninsula, it is bordered by many different nations, including Myanmar, Laos, Cambodia and Malaysia. Interestingly, they also share maritime borders with Vietnam, Indonesia, and India. It is important to know that in spite of being a constitutional monarchy, there have been several coups and periods of dictatorships enforced by military groups. More about Thailand

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Norway Thailand
Position in the ranking of countries
GDP [US$] 485,310,823,603 514,968,699,239
Percentage of the other

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 Thailand
Position in the ranking of countries
GNI [US$] 507,846,254,957 503,339,156,913
Percentage of the other

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 Thailand
Position in the ranking of countries
External balance [US$] 71,491,259,072 9,058,970,399
Percentage of the other

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 Thailand
Position in the ranking of countries
Unemployment [%] 3.97 0.69
Percentage of the other

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 Thailand
Position in the ranking of countries
Population 5,519,594 71,702,435
Percentage of the other

Population growth (annual %)

Density

Gender

Demography