Economy

English
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The over-arching objectives for the Nordic co-operation are stable and sustainable economic growth; development of the Nordic welfare model; economic integration in the Nordic region, the Baltic Sea region and Europe; and the promotion of joint Nordic interests at international level. The Nordic economies are among the countries in the Western World with the best macroeconomic performance in recent years. In most of the Nordic countries, the gross domestic product (GDP) has increased noticeably during the recent years. Since 1990, most of the Nordic countries have lowered their development aid, measured as a percentage of the gross national income (GNI). For more information: http://91.208.143.100/pxweb/norden/pxweb/en/Nordic%20Statistics/

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Keywords:  gross value, employment, development assistance, developing countries, development aid, service sector
 

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  • Gross Domestic Product (GDP)

    Gross Domestic Product (GDP) measured in PPS per person in the Nordic region.
  • Service sector

    This indicator shows the percentage that the Service sector accounts for of the total gross value added in the Nordic region.
  • Government aid to developing countries

    This indicator shows how much money the countries in the Nordic region pay in government aid to developing countries in per cent of GNI.
  • General government expenditure

    This indicator shows general government spending, as a share of GDP - also called total general government expenditure in the Nordic region.
  • Taxes and social security contributions

    This indicator shows how many million euros the Nordic region pays in taxes and social security contributions in per cent of GDP.
  • House price index

    This indicator reflects the general development in prices for one family houses (holiday cottages are not included) i.e. houses predominantly used for residential purposes in the Nordic region.
  • Real GDP growth rate

    This indicator shows the growth of real GDP for each of the Nordic countries and for the 28 EU member countries (EU28) as a whole.
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