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Oslo has highest GDP per employed person
statistikk
2010-03-03T10:00:00.000Z
National accounts and business cycles;Svalbard
en
fnr, Regional accounts, gross domestic product, GDP, value added, GDP per capita, gross investments, household consumption, household income, disposible income, gross product by industry, wage costs, employeesNational accounts and business cycles, National accounts , National accounts and business cycles, Svalbard
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Regional accounts, 2007

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Oslo has highest GDP per employed person

Gross domestic product per employed person in Oslo was 20 per cent above the national average in 2007; the figure for 2006 was 26 per cent above. The counties of Rogaland, Akershus, Hordaland, Møre og Romsdal and Vest-Agder also had index values above the national average.

Gross domestic product per region per inhabitant and per employed person 2007. Total excluding Norwegian continental shelf and Svalbard = 100

As in 2006, Finnmark, Troms and Nord-Trøndelag had the lowest GDP per employed person. These counties were 18-20 percentage points below the national average. In Oslo, business services, financial services and telecommunications in particular contributed to the high GDP per employed person. Thirty-four to 46 per cent of national gross value added in these industries was produced in Oslo, while the counties with the lowest GVA per employed person all had modest contributions to these industries.

Rogaland had a gross value added per employed person that was 6 per cent above the national average in 2007, compared to 11 per cent in 2006. Vest-Agder and Hordaland were the counties that had the largest percentage increase; GDP per employed person was 2 and 4 per cent above the national average in 2007, and 4 and 1 percentage points below the national average in 2006.

GDP per inhabitant has a larger regional variation than GDP per employed person. Oslo was around 91 per cent above the national average and Nord-Trøndelag was 33 per cent below. The figure for Oslo was strongly influenced by commuting, which led to Oslo having a substantially larger GDP per inhabitant than per employed person, whereas the opposite is the case for the surrounding county of Akershus.

Employment moved southwards

In 2007, employment in Norway increased by 4 per cent. Regionally, the picture varied from county to county. The highest growth in the number of employed persons occurred in Oslo, Rogaland and Agder counties. The growth in Oslo and Rogaland can to a large extent be explained by reorganisations in big energy companies.

Oslo’s share in total employment increased by 1.3 percentage points from 2006 to 2007, while Rogaland gained 0.3 percentage points and the Agder counties gained 0.2 percentage points It was the counties in northern Norway; Nord-Trøndelag, Nordland, Troms and Finnmark, that lost their shares by a total of 0.8 percentage points compared to 2006.

Increased gross fixed capital formation

Gross fixed capital formation as a share of GDP continued to grow in 2007. Møre and Romsdal and Finnmark still had the highest share of national investments even though they were somewhat smaller than in 2006. Particularly in the case of Finnmark, the decrease was due to reduced investments related to oil and gas production. Aust-Agder, Nordland and Nord-Trøndelag had the largest increase in the share of gross fixed capital formation. In these counties, the increase was mainly in service industries related to oil and gas production and real estate.

Household disposable income and consumption

Oslo still had the highest disposable income per inhabitant, with NOK 215 000 in 2007. In Akershus, the disposable income per inhabitant was NOK 200 000. Nord-Trøndelag had the lowest disposable income per inhabitant with NOK 165 000. Compared to 2006, disposable income per inhabitant increased by between NOK 10 000 and 12 000 in all counties: highest in Møre og Romsdal, and lowest in Hedmark.

Final consumption of households was higher than households’ disposable income in 2007, implying a negative saving in the households. Savings per inhabitant were negative in all the counties, but were least negative in Oslo.

Main results, Regional accounts 2007, Norwegian counties per inhabitant and per employed person. Total ex. the Norwegian shelf =1001
  GDP per inhabitant kr. GDP per employed persons kr. Household Final Consumption Expenditures per innhabitant. NOK Household's disposable income per inhabitant. NOK GDP per inhabitant, index GDP per employed persons, index GFCF share of GDP
Total  482 381  895 680  191 741  188 008     22
Total ex norwegian shelf and Svalbard  363 436  674 823      100  100  
østfold  272 883  608 024  184 294  179 708 75 90 23
Akershus  324 966  695 897  207 648  200 154 89  103 24
Oslo/Akershus  516 819  772 754  213 845  207 769  142  115 22
Oslo  694 599  811 615  219 588  214 826  191  120 21
Hedmark  263 045  590 675  177 785  171 846 72 88 25
Oppland  268 881  581 456  178 163  173 637 74 86 24
Buskerud  307 118  642 561  189 813  187 481 85 95 24
Vestfold  279 636  609 858  182 862  186 103 77 90 19
Telemark  307 812  663 285  184 904  182 842 85 98 24
Aust-Agder  270 174  570 601  164 724  179 733 74 85 28
Vest-Agder  344 136  685 207  174 357  183 812 95  102 23
Rogaland  402 819  715 023  203 892  197 436  111  106 23
Hordaland  379 120  704 552  201 327  189 251  104  104 23
Sogn og Fjordane  306 722  597 934  164 886  171 175 84 89 22
Møre og Romsdal  343 703  685 071  183 307  180 624 95  102 30
Sør-Trøndelag  339 467  648 715  183 373  180 904 93 96 23
Nord-Trøndelag  242 895  539 305  160 902  165 075 67 80 28
Nordland  285 484  610 091  182 162  173 078 79 90 28
Troms Romsa  275 897  555 975  181 104  176 799 76 82 24
Finnmark Finnmárku  270 886  548 457  172 498  176 122 75 81 47
The Norwegian shelf mv. - 30 325 014 - -     -
1  In the table, the national average excluding Svalbard and the Continental shelf is set to 100.
GDP, employments, GFCF, Household Final Consumption Expenditure, Region Pattern. Total=100
  GDP.
NOK million 		Employed persons.
1 000 		Gross Fixed Capital Formation.
NOK million 		Household Final Consumption Expenditures.
NOK million 		Household disposable income.
NOK million
Total 2 271 607 2 536 50 393  902 939  885 357
           
østfold 3.2 4.7 3.3 5.4 5.4
Akershus 7.4 9.5 7.8 11.8 11.6
Oslo/Akershus 24.3 28.2 23.7 25.3 25.1
Oslo 17.0 18.7 15.9 13.5 13.5
Hedmark 2.2 3.3 2.5 3.7 3.7
Oppland 2.2 3.3 2.4 3.6 3.6
Buskerud 3.4 4.7 3.6 5.2 5.3
Vestfold 2.8 4.1 2.3 4.6 4.7
Telemark 2.3 3.0 2.4 3.4 3.4
Aust-Agder 1.3 2.0 1.6 1.9 2.1
Vest-Agder 2.5 3.3 2.6 3.2 3.4
Rogaland 7.2 9.1 7.5 9.2 9.1
Hordaland 7.7 9.8 8.0 10.2 9.8
Sogn og Fjordane 1.4 2.1 1.4 1.9 2.1
Møre og Romsdal 3.7 4.9 5.1 5.0 5.0
Sør-Trøndelag 4.2 5.8 4.4 5.7 5.7
Nord-Trøndelag 1.4 2.3 1.8 2.3 2.4
Nordland 3.0 4.3 3.7 4.7 4.6
Troms Romsa 1.9 3.0 2.1 3.1 3.1
Finnmark Finnmárku 0.9 1.4 1.8 1.4 1.4
Norwegian Continental shelf, mv. 24.7 0.7 19.8 - -

Indices for GDP per employed person and per inhabitant in the regional accounts are calculated by excluding activities in the Norwegian continental shelf and Svalbard. GDP per employed person shows the value added of the establishments in a region related to the employment in the same establishments. GDP per inhabitant shows value added per inhabitant of the region. The inhabitants of a region can be employed in other regions.

Regional accounts 2007 has used more detailed data on ocean shipping and acquisitions and disposal of existing gross fixed capital than previous editions. This may have influenced the regional distribution of GDP and gross fixed capital formation.

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