Norwegian economy

Economic Survey 2-2016

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The cyclical downturn in Norway driven by the oil price slump has now lasted for almost two years, with a considerable decline in the number of employees in industries associated with the petroleum sector

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Analyses, articles and publications

Weak economic trends

Published 13 March 2014

The moderate growth in activity experienced last year is expected to continue for another few years. Loss of powerful growth impulses from petroleum investments will be replaced by a moderate increase in growth in other demand. Unemployment will continue to rise slightly, to almost 4 per cent in 2015.

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