Business climate in Norway

Norway ranks #4 of 54 on the overall business climate (score 71). Its strongest suit is energy prices, followed by red tape; the weakest is momentum.

Energy prices100 / 100Red tape90 / 100Rule of law84 / 100Business taxes55 / 100Cost of capital46 / 100Momentum41 / 100
DriverScoreRankMeasures
Red tape and ease of doing business90 #4 of 54Days to start a business (Doing Business): 4.00 (2017); Procedures to start a business (Doing Business): 4.00 (2017); Ease of doing business rank (Doing Business, 1 = easiest of 190): 8.00 (2017)
Rule of law and legal certainty84 #8 of 54Liberal democracy (V-Dem): 0.85 (2025); Corruption perceptions score (higher = cleaner): 81 (2025); Strength of legal rights for borrowers and lenders: 5.00 (2017)
Taxes on business55 #28 of 53Corporate income tax rate (headline): 22 (2026); Total tax and contribution rate on commercial profits: 38 (2017)
Cost of capital46 #20 of 27Real interest rate: 4.40 (2025); Bank lending interest rate: 5.88 (2025)
Energy prices for business1002 #2 of 31Business electricity price (Eurostat, 500-1,999 MWh a year): 0.08 (2025)
Growth momentum and investment trend41 #35 of 53Real GDP growth, average of the last five years: 2.22 (2025); Growth trend: last three years against 2015-2019: -0.76 (2025); Foreign direct investment, net inflows: 2.70 (2023)
2010: 1.0%102011: 1.4%112012: 2.8%122013: 1.3%132014: 2.1%142015: 2.0%152016: 1.3%162017: 2.7%172018: 1.1%182019: 1.5%192020: -1.4%202021: 4.1%212022: 4.1%222023: 0.4%232024: 1.4%242025: 1.1%25
Real GDP growth by year (World Bank). Green bars: growth; red: contraction.

Countries with a similar profile

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Sources as on the business-climate table. Nestlyzer scores each measure 0–100 between the 5th and 95th percentile of the countries it covers. How the method works.