IMF Staff Country Reports

Norway: Recent Economic Developments

April 3, 1995

Preview Citation

Format: Chicago

Norway: Recent Economic Developments, (USA: International Monetary Fund, 1995) accessed September 19, 2024

Summary

This paper reviews economic developments in Norway during the 1990s, with an emphasis on developments in 1993 and 1994. The paper covers developments in the real economy, in the public finances, and in the monetary and exchange rate area. The private consumption in Norway remained weak through the first half of 1993 but picked up sharply during the second half of the year, as declining interest rates and rising housing prices boosted consumer confidence. Seasonally adjusted, private consumption rose by 3.5 percent between the first and second halves of 1993.

Subject: Budget planning and preparation, Commodities, Exchange rates, Expenditure, Foreign exchange, National accounts, Oil, Private consumption, Public financial management (PFM)

Keywords: B. expenditure, Budget planning and preparation, CR, Durable goods, Europe, Exchange rate, Exchange rates, Expenditure side, Inflation rate, ISCR, Krone, Mainland GDP, Monetary policy guideline, National budget, Norway, Norway inflation, Norwegian krone, Oil, Price inflation, Private consumption, Public finance, Saving rate

Publication Details

  • Pages:

    100

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1995/026

  • Stock No:

    1NOREA0011995

  • ISBN:

    9781451829617

  • ISSN:

    1934-7685

Notes

This report on recent economic developments in Norway was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.