|GDP (2012 est.)||$274.1 billion (2012 est.)|
|Currency & Exchange Rate||Norwegian kroner (NOK) per US dollar 5.82|
Ekofisk, Troll Vest, Statfjord, Gullfaks, Oseberg, Snorre.
Residents and non-residents working in Norway are required to pay social security contributions on their gross salary in Norway (Folketrygden, Norwegian National Insurance scheme) or in the country of their employer after an E101 has been issued.
|Crude oil - production(bbl/day)||1,902,000|
|Crude oil - exports(bbl/day)||1,602,000|
|Crude oil - imports(bbl/day)||11,320|
|Crude oil - proved reserves(bbl)||5,366,000,000|
|Refined petroleum products - production(bbl/day)||307,700|
|Refined petroleum products - consumption(bbl/day)||255,200|
|Natural gas - production(cu m)||114,700,000,000|
|Natural gas - proved reserves(cu m)||2,070,000,000,000|
The general combined rate of national and municipal income tax is 28% on all taxable income. A further national income tax, called “top tax” or “surtax”, is levied on gross income:
Residential taxation: foreigners taxed on local income; residents taxed on local and overseas income.
they stay more than 6 months; tax residence is lost only by establishing a home in another state and being there less than 61 days per year.
Temperate along coast, modified by North Atlantic Current; colder interior with increased precipitation and colder summers; rainy year-round on west coast.
Northern Europe, bordering the North Sea and the North Atlantic Ocean, west of Sweden.
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