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Gross domestic product can be define as a system of checking difference country product in any given period of a year. while per capital a methods to check induvidual product per year.

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Q: What is difference between gross domestic product and per capita in Norway?
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What is Norways wealth?

The Gross Domestic Product of Norway is about 500 billion dollars.


Is Norway the wealthiest country?

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The wealthiest countries by GDP (Gross Domestic Product per capita) are: 1. Luxembourg 2. Norway 3. Qatar 4. Iceland 5. Ireland


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The US has the number one gross domestic product. But countries like iceland Norway and 10 other industrialized nations rank higher on the human development index. why is that?

Resources for any country are finite and there is a balance between GDP and HDI. Iceland and Norway are not as focused on business as the United States. Iceland and Norway put more value on HDI factors. The United States places more value on work and business than on HDI factors.


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Norway is in the GMT+1 timezone while England is in the GMT timezone meaning there is a one hour difference between them. Note that both countries observe daylight savings and move forward one hour. During these months, Norway is in GMT+2 while England is in GMT+1.


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