Norway

Abstract

Wikipedia Country Information

Norway ( NAWR-way; Norwegian: Norge (Bokmål) or Noreg (Nynorsk); Northern Sami: Norga), officially the Kingdom of Norway, is a sovereign state and unitary monarchy whose territory comprises the western portion of the Scandinavian Peninsula plus the remote island of Jan Mayen and the archipelago of Svalbard. The Antarctic Peter I Island and the sub-Antarctic Bouvet Island are dependent territories and thus not considered part of the Kingdom. Norway also lays claim to a section of Antarctica known as Queen Maud Land. Until 1814, the kingdom included the Faroe Islands, Greenland, and Iceland. It also included Bohuslän until 1658, Jämtland and Härjedalen until 1645, Shetland and Orkney until 1468, and the Hebrides and Isle of Man until 1266.
Norway has a total area of 385,252 square kilometres (148,747 sq mi) and a population of 5,258,317 (as of January 2017). The country shares a long eastern border with Sweden (1,619 km or 1,006 mi long). Norway is bordered by Finland and Russia to the north-east, and the Skagerrak strait to the south, with Denmark on the other side. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea.
King Harald V of the Dano-German House of Glücksburg is the current King of Norway. Erna Solberg became Prime Minister in 2013, replacing Jens Stoltenberg. A constitutional monarchy, Norway divides state power between the Parliament, the Cabinet and the Supreme Court, as determined by the 1814 Constitution. The kingdom was established as a merger of a large number of petty kingdoms. By the traditional count from the year 872, the kingdom has existed continuously for 1,145 years, and the list of Norwegian monarchs includes over sixty kings and earls.
Norway has both administrative and political subdivisions on two levels: counties and municipalities. The Sámi people have a certain amount of self-determination and influence over traditional territories through the Sámi Parliament and the Finnmark Act. Norway maintains close ties with both the European Union and the United States. Norway is a founding member of the United Nations, NATO, the European Free Trade Association, the Council of Europe, the Antarctic Treaty, and the Nordic Council; a member of the European Economic Area, the WTO, and the OECD; and a part of the Schengen Area.
The country maintains a combination of market economy and a Nordic welfare model with universal health care and a comprehensive social security system. Norway has extensive reserves of petroleum, natural gas, minerals, lumber, seafood, fresh water, and hydropower. The petroleum industry accounts for around a quarter of the country's gross domestic product (GDP). On a per-capita basis, Norway is the world's largest producer of oil and natural gas outside the Middle East.
The country has the fourth-highest per capita income in the world on the World Bank and IMF lists. On the CIA's GDP (PPP) per capita list (2015 estimate) which includes autonomous territories and regions, Norway ranks as number eleven. It has the world's largest sovereign wealth fund, with a value of USD 1 trillion. Norway has had the highest Human Development Index ranking in the world since 2009, a position also held previously between 2001 and 2006. It also has the highest inequality-adjusted ranking. Norway ranks first on the World Happiness Report, the OECD Better Life Index, the Index of Public Integrity, and the Democracy Index.


Summary
Instruments ratified: 191 / 282
World Average Ratifications: 114 / 282
Ratification rate: 68.04%
World Average Rate: 41.25%
Weighted score: 69.80%
World Average Weighted Score: 41.25%
World rank: 6 / 194
Developed country rank: 9 / 30
Developed country Avg. Ratifications: 159 / 282
Northern Europe rank: 3 / 10
Northern Europe Avg. Ratifications: 174 / 282
Comparative Statistical Analysis
CONTRACTS Inst. ratified Country score World avg. score Country rank in world Strength
Agency 0/2 0.00% 2.00% 8 Weak
Conflict of laws 2/7 (28.57%) 28.57% 3.00% 3 Strong
E-commerce 0/3 0.00% 18.00% 70 Weak
Franchising 0/1 0.00% 0.00% 1 Average
Leasing/Factoring 0/2 0.00% 5.00% 13 Weak
Principles, trade usages and standards 0/2 0.00% 0.00% 1 Average
Procurement 0/4 0.00% 3.00% 31 Weak
Sale of Goods 1/5 (20.00%) 45.45% 25.00% 29 Strong
Travel contracts 0/1 0.00% 3.00% 7 Weak
Total 3 10.14% 9.00% 83 Strong
 
CUSTOMS Inst. ratified Country score World avg. score Country rank in world Strength
Customs Codification 2/3 (66.67%) 100.00% 78.00% 1 Strong
Customs Cooperation 3/6 (50.00%) 60.00% 26.00% 4 Strong
Exemption from Duties 6/9 (66.67%) 66.67% 30.00% 23 Strong
Temporary Admission 6/11 (54.55%) 58.82% 28.00% 34 Strong
Transit 3/4 (75.00%) 100.00% 28.00% 1 Strong
Total 20 68.48% 31.00% 25 Strong
 
DISPUTE RESOLUTION Inst. ratified Country score World avg. score Country rank in world Strength
Arbitration 3/6 (50.00%) 55.00% 32.00% 26 Strong
Judicial cooperation 4/5 (80.00%) 84.21% 36.00% 27 Strong
Recognition of foreign judgments 0/2 0.00% 2.00% 6 Weak
State court jurisdiction 0/4 0.00% 14.00% 29 Weak
State court procedure 0/1 0.00% 6.00% 12 Weak
State immunities 1/1 (100.00%) 100.00% 11.00% 1 Strong
Total 8 60.00% 29.00% 30 Strong
 
ENVIRONMENT AND PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Air 5/5 (100.00%) 100.00% 86.00% 1 Strong
Chemicals 1/1 (100.00%) 100.00% 78.00% 1 Strong
Energy 0/2 0.00% 25.00% 50 Weak
Flora and fauna 10/10 (100.00%) 100.00% 68.00% 1 Strong
Foodstuff 2/2 (100.00%) 100.00% 79.00% 1 Strong
General 1/1 (100.00%) 100.00% 95.00% 1 Weak
International watercourses 1/1 (100.00%) 100.00% 18.00% 1 Strong
Maritime and Law of the Sea 24/26 (92.31%) 93.48% 46.00% 5 Strong
Protected geographical areas 1/1 (100.00%) 100.00% 27.00% 1 Strong
Waste 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 46 95.83% 61.00% 1 Strong
 
FINANCE, PAYMENTS AND INSOLVENCY Inst. ratified Country score World avg. score Country rank in world Strength
Assignment of receivables 0/1 0.00% 1.00% 2 Weak
Bankruptcy and insolvency 0/1 0.00% 21.00% 41 Weak
Bills of exchange and promissory notes 3/4 (75.00%) 50.00% 8.00% 1 Strong
Cheques 3/3 (100.00%) 100.00% 13.00% 1 Strong
Credit transfers 0/1 0.00% 0.00% 1 Average
International guarantees 2/3 (66.67%) 54.55% 20.00% 5 Strong
Total 8 39.02% 12.00% 3 Strong
 
GOOD GOVERNANCE Inst. ratified Country score World avg. score Country rank in world Strength
Corruption 4/4 (100.00%) 100.00% 50.00% 1 Strong
Cultural Property 3/4 (75.00%) 81.25% 54.00% 21 Strong
Drugs 3/3 (100.00%) 100.00% 95.00% 1 Weak
Insider Trading 1/1 (100.00%) 100.00% 4.00% 1 Strong
Organized crime 2/2 (100.00%) 100.00% 80.00% 1 Strong
Total 13 94.23% 68.00% 1 Strong
 
HUMAN RIGHTS AND LABOUR STANDARDS Inst. ratified Country score World avg. score Country rank in world Strength
Human Rights 7/7 (100.00%) 100.00% 96.00% 1 Weak
Labour Standards 8/8 (100.00%) 100.00% 86.00% 1 Strong
Total 15 100.00% 91.00% 1 Average
 
INSTITUTIONAL PARTICIPATION Inst. ratified Country score World avg. score Country rank in world Strength
Dispute Resolution 1/1 (100.00%) 100.00% 39.00% 1 Strong
International Trade Law 10/10 (100.00%) 100.00% 73.00% 1 Strong
Trade support institutions 6/6 (100.00%) 100.00% 51.00% 1 Strong
Total 17 100.00% 63.00% 1 Strong
 
INTELLECTUAL PROPERTY Inst. ratified Country score World avg. score Country rank in world Strength
Broadcasting 1/1 (100.00%) 100.00% 47.00% 1 Strong
Copyright 2/3 (66.67%) 54.55% 65.00% 94 Weak
Industrial designs 2/2 (100.00%) 100.00% 31.00% 1 Strong
Integrated circuits 0/1 0.00% 2.00% 4 Weak
Neighboring Rights 2/3 (66.67%) 61.54% 46.00% 73 Strong
Origin 0/3 0.00% 14.00% 51 Weak
Patents 4/5 (80.00%) 85.71% 57.00% 30 Strong
Trademarks 2/6 (33.33%) 36.36% 33.00% 68 Average
Varieties of plants 1/1 (100.00%) 100.00% 37.00% 1 Strong
Total 14 61.05% 42.00% 54 Strong
 
INVESTMENTS Inst. ratified Country score World avg. score Country rank in world Strength
Investment disputes 1/2 (50.00%) 50.00% 39.00% 2 Strong
Investment guaranty 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 2 66.67% 57.00% 2 Strong
 
PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Marine Resources 1/1 (100.00%) 100.00% 24.00% 1 Strong
Timber 1/1 (100.00%) 100.00% 31.00% 1 Strong
General 1/1 (100.00%) 100.00% 92.00% 1 Weak
Total 3 100.00% 53.00% 1 Strong
 
TRANSPORT AND TELECOMMUNICATIONS Inst. ratified Country score World avg. score Country rank in world Strength
Air transport 5/7 (71.43%) 90.48% 59.00% 4 Strong
Aircrafts and civil aviation 6/9 (66.67%) 88.00% 74.00% 37 Strong
Maritime shipping and load lines 11/13 (84.62%) 94.29% 66.00% 11 Strong
Maritime transport 6/12 (50.00%) 33.33% 27.00% 55 Strong
Multi modal transport 0/2 0.00% 4.00% 15 Weak
Rail transport 3/3 (100.00%) 100.00% 22.00% 1 Strong
Road transport 4/4 (100.00%) 100.00% 31.00% 1 Strong
Space 3/4 (75.00%) 83.33% 40.00% 16 Strong
Telecommunications 1/2 (50.00%) 83.33% 47.00% 26 Strong
Total 39 81.76% 50.00% 7 Strong
 
TREATIES LAW Inst. ratified Country score World avg. score Country rank in world Strength
General 0/4 0.00% 30.00% 113 Weak
Total 0 0.00% 30.00% 113 Weak
 
WTO Inst. ratified Country score World avg. score Country rank in world Strength
Plurilateral Agreements 2/2 (100.00%) 100.00% 18.00% 1 Strong
WTO Agreements 1/1 (100.00%) 100.00% 81.00% 1 Strong
Total 3 100.00% 47.00% 1 Strong
 
Strengths and Weakness
Strong
Contracts Conflict of laws
Contracts Sale of Goods
Customs Customs Codification
Customs Customs Cooperation
Customs Exemption from Duties
Customs Temporary Admission
Customs Transit
Dispute resolution Arbitration
Dispute resolution Judicial cooperation
Dispute resolution State immunities
Environment and products Air
Environment and products Chemicals
Environment and products Flora and fauna
Environment and products Foodstuff
Environment and products International watercourses
Environment and products Maritime and Law of the Sea
Environment and products Protected geographical areas
Finance, payments and insolvency Bills of exchange and promissory notes
Finance, payments and insolvency Cheques
Finance, payments and insolvency International guarantees
Good Governance Corruption
Good Governance Cultural Property
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour Standards Labour Standards
Institutional Participation Dispute Resolution
Institutional Participation International Trade Law
Institutional Participation Trade support institutions
Intellectual property Broadcasting
Intellectual property Industrial designs
Intellectual property Neighboring Rights
Intellectual property Patents
Intellectual property Varieties of plants
Investments Investment disputes
Products Marine Resources
Products Timber
Transport and telecommunications Air transport
Transport and telecommunications Aircrafts and civil aviation
Transport and telecommunications Maritime shipping and load lines
Transport and telecommunications Maritime transport
Transport and telecommunications Rail transport
Transport and telecommunications Road transport
Transport and telecommunications Space
Transport and telecommunications Telecommunications
WTO Plurilateral Agreements
WTO WTO Agreements
 
Average
Contracts Franchising
Contracts Principles, trade usages and standards
Finance, payments and insolvency Credit transfers
Intellectual property Trademarks
 
Weak
Contracts Agency
Contracts E-commerce
Contracts Leasing/Factoring
Contracts Procurement
Contracts Travel contracts
Dispute resolution Recognition of foreign judgments
Dispute resolution State court jurisdiction
Dispute resolution State court procedure
Environment and products Energy
Environment and products General
Environment and products Waste
Finance, payments and insolvency Assignment of receivables
Finance, payments and insolvency Bankruptcy and insolvency
Good Governance Drugs
Human Rights and Labour Standards Human rights
Intellectual property Copyright
Intellectual property Integrated circuits
Intellectual property Origin
Investments Investment guaranty
Products General
Transport and telecommunications Multi modal transport
Treaties law General
Instruments ratifications

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