Norway : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Norway
Author/Editor:
International Monetary Fund. European Dept.
Publication Date:
September 17, 2018
Electronic Access:
Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Norway is in the midst of a healthy recovery from the 2015–16 oil-driven downturn. After growing by 1.9 percent in 2017, mainland economic activity is expected to accelerate further and to grow by about 2½ percent this year and next. But population aging and labor productivity will weigh on potential growth going forward. Norway also faces important challenges to sustaining its prosperity into the future: securing competitiveness in non-oil sectors as the contribution from oil wanes, and dealing with high and rising non-oil fiscal deficits, which will only worsen as aging pressures start to bite. More immediately, high household debt is an ongoing source of concern.
Series:
Country Report No. 18/279
English
Publication Date:
September 17, 2018
ISBN/ISSN:
9781484377055/1934-7685
Stock No:
1NOREA2018001
Price:
$18.00 (Academic Rate:$18.00)
Format:
Paper
Pages:
69
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