This is a website about Norway's economy, quite simply.
Norway is western Europe's largest petroleum producer, and the recent dramatic drop in oil prices has led to a period of economic realignment. This website is meant as as a source for data on this realignment in real time.
Suggestions and comments can be sent to my email address, johannes.mauritzen@bi.no.
Data Source: Statistics Norway
This measure does not include those that are not actively looking for work, including those on long term disability.
Data source: Statistics Norway
What surprises me here is how little recovery there was in employment after the financial crisis. Norway never experienced a deep recession after 2008, but we never got back to the solid economic numbers we experienced prior to 2008 either. With starkly lower oil prices, employment is also starting to take
Data Source: Statistics Norway
Data Source: Statistics Norway
Data source: Statistics Norway
Data source: Norges Bank
Data reference: Eitrheim, Ø. and S. Erlandsen (2004). "House price indices for Norway 1819-2003", 349-376, Chapter 9 in Eitrheim, Ø., J.T. Klovland and J.F. Qvigstad (eds.), Historical Monetary Statistics for Norway 1819-2003 Norges Bank Occasional Papers no. 35, Oslo, 2004.
This data gives a nice historical overview of the explosive growth in house prices in Norway - especially the last 20-30 years. The data is presented as an index set to 100 in 1912. On first look, the data might give a (false) impression that the most expensive real estate is in Kristiansand as opposed to the capital, Oslo. This is not the case. Instead, house price appreciation has been much higher in Kristiansand relative to what prices were in 1912. Oslo prices were already relatively pricey in 1912.
Data source: Statistics Norway
House price growth clearly outstrips the growth in building costs.
Data source: Statistics Norway
Data source: Statistics Norway
Data source: Statistics Norway
Data source: Statistics Norway
Data source: Statistics Norway
Data source: Statistics Norway
Data source: Norges Bank
Data Source: Norges Bank
Data reference: Eitrheim, Ø. and J. T. Klovland (2007). "Short term interest rates in Norway1818-2007", 1–108, Eitrheim, Ø., O. H. Grytten and J. T. Klovland (2007), "Historical Monetary Statistics for Norway – some cross checks of the new data", 385–434, Eitrheim, Ø., J.T. Klovland and J.F. Qvigstad (eds.), Historical Monetary Statistics for Norway – Part II, Norges Bank Occasional Papers No. 38, Oslo, 2007
Data Source: Norges Bank
Data reference: Eitrheim, Ø. and J. T. Klovland (2007). "Short term interest rates in Norway1818-2007", 1–108, Eitrheim, Ø., O. H. Grytten and J. T. Klovland (2007), "Historical Monetary Statistics for Norway – some cross checks of the new data", 385–434, Eitrheim, Ø., J.T. Klovland and J.F. Qvigstad (eds.), Historical Monetary Statistics for Norway – Part II, Norges Bank Occasional Papers No. 38, Oslo, 2007
Data source: Norges bank
Data reference: Grytten, Ola H. (2007), "Norwegian wages 1726–2006 classified by industry", 343–384, Chapter 6 in Eitrheim, Ø., J.T. Klovland and J.F. Qvigstad (eds.), Historical Monetary Statistics for Norway – Part II, Norges Bank Occasional Papers No. 38, Oslo, 2007
Data source: SSB
Data sources: Statistics Norway
Data sources: Statistics Norway
Data sources: Statistics Norway
Data sources: Statistics Norway
Data sources: Statistics Norway
Data sources: Statistics Norway, Norwegian Mapping Authority
Data source: Statistics Norway
Data source: Statistics Norway
Data source: Statistics Norway
Data source: Statistics Norway
Data source: Statistics Norway
Data sources: Statistics Norway
Technically: ECX EUA Futures, Continuous Contract #3 (C3)
Data sources: ICE exchange, via Quandl and BP Statistical Review
Note the different x-axis in these two series. The point is that since 2008, both carbon and coal prices have been on the decline.
Data source: Nord Pool Spot
Data source: Nord Pool Spot
Data source: Nord Pool Spot
Data source: Nord Pool Spot
Data source: Statistics Norway
Data source: US Energy Information Agency
Data source: Norwegian Petroleum Directorate
I include "production" of water here because it serves as an indicator of the age of fields and effort of getting out oil. Water injection is used to keep pressure up in the fields and lengthen their lifespans.
Data source: Norwegian Petroleum Directorate
The fall in production has been halted the last couple years, but at the cost of huge investments. The last data point here is 2013.
Data source: Statistics Norway
Contact me by email, johannes.mauritzen@bi.no.
My personal website can be found here
If you want to see how I made the charts using python and matplotlib, see the ipython notebook.