Norway, with a population of approximately 5.5 million (2023), is a Nordic country renowned for its stunning natural landscapes and high standard of living. The Norwegian economy is characterized by a combination of oil and gas production, maritime industries, and a growing technology sector. As one of the world’s leading oil exporters, Norway benefits significantly from its energy resources, which contribute substantially to the GDP. The services sector, particularly in finance, tourism, and technology, is also vital to the economy. With a GDP estimated at around $500 billion and a per capita income of approximately $90,000 (2023), Norway consistently ranks among the wealthiest countries globally. Its commitment to sustainability and renewable energy, including hydropower, positions it as a leader in environmental stewardship and innovation.  

The Norwegian government and business community can collaborate with the World Business Council to promote sustainable energy practices, enhance technological advancements, and strengthen international trade relationships for continued economic resilience and growth.