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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Norway & United Kingdom

Norway Flag svg United Kingdom Flag svg

Norway vs United Kingdom

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Norway United Kingdom
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World Rank 25 5.67 World Rank 7 11.69
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 United Kingdom of Britain and Northern Ireland is a country located in north-western Europe. The Kingdom consists of a large island of Great Britain as well as the north-eastern part of the island of Ireland. Besides that, we should also remember about numerous smaller islands that are within the British Isles. More about United Kingdom

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Norway United Kingdom
Position in the ranking of countries 31 (2023) 6 (2023)
GDP [US$] 485,310,823,603 3,380,854,520,809
Percentage of the other 14.4 % 696.6 %

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

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(United States of America (USA))

Norway United Kingdom
Position in the ranking of countries 27 (2023) 6 (2023)
GNI [US$] 507,846,254,957 3,296,696,999,733
Percentage of the other 15.4 % 649.2 %

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 United Kingdom
Position in the ranking of countries 11 (2023) 138 (2023)
External balance [US$] 71,491,259,072 -18,713,824,619
Percentage of the other -382 % -26.2 %

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)

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(Eswatini)

Norway United Kingdom
Position in the ranking of countries 11 (2023) 138 (2023)
Unemployment [%] 3.97 4.11
Percentage of the other 96.6 % 103.5 %

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 United Kingdom
Position in the ranking of countries 114 (2023) 21 (2023)
Population 5,519,594 68,350,000
Percentage of the other 8.1 % 1238.3 %

Population growth (annual %)

Density

Gender

Demography