THE KINGDOM OF NORWAY, CAPITAL OSLO
Norway officially the Kingdom of Norway, is a sovereign and unitary monarchy bordered by Finland and Russia to the north-east, and the Skagerrak Strait to the south, with Denmark on the other side. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. Norway also lays claim to a section of Antarctica known as Queen Maud Land Norway lies between latitudes 57° and 81° N, and longitudes 4° and 32°E.
Norway has a total area of 385,252 square kilometres (148,747 sq mi) and a population of 5,109,059 people (2014). The country shares a long eastern border with Sweden (1,619 km or 1,006 mi long). The North Germanic Norwegian language has two official written forms Bokml and Nynorsk.
Norway is a founding member of the United Nations, NATO, the Council of Europe, the Antarctic Treaty and the Nordic Council; a member of the European Economic Area, the WTO and the OECD; and is also a part of the Schengen Area.
Norway’s GDP in 2014 estimate was $499.8 billion.
Norwegians enjoy the second-highest GDP per-capita among European countries (after Luxembourg), and the fourth-highest GDP (PPP) per-capita in the world.
The country is richly endowed with natural resources including petroleum, hydro-power, fish, forests, and minerals. Large reserves of petroleum and natural gas were discovered in the 1960s, which led to a boom in the economy.
Export revenues from oil and gas have risen to almost 50% of total exports and constitute more than 20% of the GDP. Norway is the fifth-largest oil exporter and third-largest gas exporter in the world, but it is not a member of OPEC. It exports petroleum and its products, machinery and equipment, metal, chemicals, ships and fish. And imports machinery and equipment, chemical, metals and foodstuffs.