Country Economic Forecasts > Norway - Oxford Economics Services

Country Economic Forecasts > Norway

Country Economic Forecasts > Norway - Oxford Economics Services
Country Economic Forecasts > Norway
Published Oct 29, 2015
10 pages — Published Oct 29, 2015
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

The government has proposed an expansionary budget for 2016 to support the flagging economy, alongside various measures to restructure Norways economy. The new budget, still subject to ratification, provides a boost equal to 0.7% of mainland GDP in 2016 as well as proposals to cut corporation taxes and make the economy more business friendly. These measures are likely to have a modest impact on growth as the economy continues to struggle with the oil-driven slowdown: we have upgraded our GDP growth forecast slightly to 1.1% this year and 1.0% in 2016. But over time, the governments efforts to rebalance the economy away from oil-dependency should add to longer-term productive potential. Meanwhile, after the central bank cut interest rates to a record low in September a further cut has been mooted for November. On balance, however, we do not see evidence that the economy has weakened sufficiently since the previous meeting and expect the Norges Bank to keep interest rates on hold.

  
Source:
Document ID
319236
Country
Format:
PDF Adobe Acrobat
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Sections

Title
Norway:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Norway" Oct 29, 2015. Alacra Store. Nov 04, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-gt-Norway-2111-5495>
  
APA:
Oxford Economics Services. (2015). Country Economic Forecasts > Norway Oct 29, 2015. New York, NY: Alacra Store. Retrieved Nov 04, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-gt-Norway-2111-5495>
  
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