How wealthy is Norway in comparison to other countries?

GDP (gross domestic product) is the most common metric for measuring the wealth of a country. It is basically the sum of all money spent by everyone during a year (whether individuals, companies or government) minus imports (paid here but produced elsewhere) plus exports (produced here but paid elsewhere).

GDP is not necessarily the same as wealth, but it is a number that is easily available.

In GDP terms, we have three ways of viewing it:
  • total GDP - Norway ranks around 20th to 25th among 180 countries
  • GDP per person - Norway ranks 2d to 4th
  • GDP per person adjusted for costs of living - Norway ranks 2d to 4th
See related links for the numbers.