Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics...

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Norges Bank 1 Norges Bank Chart 1 Norwegian commercial fleet 1800- 1900 Thousand gross tons 0 250 500 750 1,000 1,250 1,500 1,750 2,000 1800 1810 1820 1830 1840 1850 1860 1870 1880 1890 1900 0 250 500 750 1,000 1,250 1,500 1,750 2,000 Source: Statistics Norway

Transcript of Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics...

Page 1: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

Norges Bank

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Norges Bank

Chart 1 Norwegian commercial fleet 1800-1900Thousand gross tons

0

250

500

750

1,000

1,250

1,500

1,750

2,000

1800 1810 1820 1830 1840 1850 1860 1870 1880 1890 1900

0

250

500

750

1,000

1,250

1,500

1,750

2,000

Source: Statistics Norway

Page 2: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

Norges Bank

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Norges Bank

0

5

10

15

20

25

1870 1890 1910 1930 1950 1970 1990

0

5

10

15

20

25

Chart 2 Exports of goods Per cent of global GDP. 1870-2004

Source: IMF

Page 3: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

Chart 3 Extended trade cooperation

Source: WTO

0 25 50 75 100 125 150

1947-1961

1964-1967

1973-1979

1986-1993

2001-

Duties

+ anti-dumping

+ trade barriers, subsidies

+ services, textiles, agriculture, patents

+ health, environment, development issues

Countries in GATT/WTO

Page 4: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

Norges Bank

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Norges Bank

0

2

4

6

8

10

12

14

1980 1983 1986 1989 1992 1995 1998 2001 2004

0

2

4

6

8

10

12

14

Source: WTO

Chart 4 Share of world exportsPer cent

China

Germany

US

India

Page 5: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

Chart 5 Commodity pricesIndices

0

100

200

300

400

1995 1997 1999 2001 2003 2005

0

100

200

300

400

Sources: EcoWin and Reuters

Oil

Aluminium

Zink

Page 6: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

Chart 6 Terms of tradeIndex

0.6

1

1.4

1.8

2.2

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

0.6

1

1.4

1.8

2.2

Mainland Norway

Sources: Statistics Denmark, EcoWin, Statistics Finland and Statistics Norway

Sweden

Norway, incl. oil

Finland

Denmark

Page 7: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

Chart 7 Price rise for jackets, sweaters, blouses and dresses

Per cent

-12

-9

-6

-3

0

3

6

9

1988 1990 1992 1994 1996 1998 2000 2002 2004

-12

-9

-6

-3

0

3

6

9

Sources: Statistics Norway and Norges Bank

Page 8: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

0

25

50

75

100

125

150

1870 1890 1910 1930 1950 1970 1990

0

5

10

15

20

25

30

Chart 8 Exports and foreign assetsPer cent of global GDP. 1870-2004

Exports, right-hand scale

Assets, left-hand scale

Sources: IMF and Norges Bank

Page 9: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

0

1

2

3

4

5

6

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

0

1

2

3

4

5

6

Chart 9 Long-term real interest ratesPer cent

US

Euro area

Source: OECD

Page 10: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Chart 10 Inflation in industrialised countriesAnnual rise. Per cent

0

4

8

12

16

1970 1975 1980 1985 1990 1995 2000 2005

0

4

8

12

16

Source: OECD

Page 11: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

-4

0

4

8

12

16

1980 1983 1986 1989 1992 1995 1998 2001 2004

-4

0

4

8

12

16

Chart 11 Inflation in Norway Annual rise. Per cent

Sources: Statistics Norway and Norges Bank

Page 12: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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-2

0

2

4

6

8

1990 1992 1994 1996 1998 2000 2002 2004 2006

-2

0

2

4

6

8

Chart 12 Employment, labour costs and mainland GDP

Annual growth. Per cent

Employment

GDP

Labour costs

Sources: Statistics Norway and Norges Bank

Page 13: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Chart 13 Work permits

0

10 000

20 000

30 000

40 000

2003 2004 2005

0

10 000

20 000

30 000

40 000Other countries

New EU-countries

Source: Norwegian Directorate of Immigration

Page 14: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

Chart 14 Capacity utilisation in manufacturingPer cent

75

77

79

81

83

85

1990 1992 1994 1996 1998 2000 2002 2004

75

77

79

81

83

85

Source: Statistics Norway

Page 15: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

Chart 15 Inflation and capacity utilisation in the Norwegian economy

Per cent

-2

-1

0

1

2

3

4

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

-2

-1

0

1

2

3

4

Inflation

Capacity utilisation

Sources: Statistics Norway and Norges Bank

Page 16: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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0

3

6

9

12

15

1996 1999 2002 2005

Chart 16a Income anddebt in householdsAnnual growth. Per cent

60

100

140

180

220

260

1996 1999 2002 2005

Chart 16b House prices and consumer prices

Indices

Inflation

House pricesDebt

Income

Sources: Norwegian Association of Real Estate Agents, Association of Real Estate Agency Firms, FINN.no, ECON , Statistics Norway and Norges Bank

Page 17: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Chart 17 Key interest rate projectionPer cent

0

1

2

3

4

5

6

7

2004 2005 2006 2007 2008

0

1

2

3

4

5

6

7

Source: Norges Bank

Page 18: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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-20

-10

0

10

20

30

800 000 600 000

-20

-10

0

10

20

303 % interest rate

6% interest rate

6% interest rate and fall in income

Income

Chart 18 Net of basic expenses,interest and principal

Per cent of income

Sources: National Institute for Consumer Research and Statistics Norway

Page 19: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

0

10

20

30

40

50

60

1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000

0

10

20

30

40

50

60

Norway

Kongsberg

Notodden

Chart 19 Manufacturing workersAs a per cent of the working population

Source: Statistics Norway

Page 20: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

Chart 20 Living conditions - problemsIndex. 2005

1

2

3

4

5

6

7

8

9

10

Disability pension Rehabilitationallowance

Unemployed Only compulsoryeducation

Notodden Kongsberg

Source: Statistics Norway

Page 21: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

0

1

2

3

4

5

1970-1974 1975-1994 1995-2004

0

1

2

3

4

5

US EU Mainland Norway

Chart 21 Productivity growth in the business sectorPer cent

Sources: Bureau of Labor Statistics, OECD and Statistics Norway

Page 22: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

0

1

2

3

4

5

1970 1975 1980 1985 1990 1995 2000 2005

0

1

2

3

4

5

Chart 22 Productivity in NorwayAnnual growth. Per cent

Goods and services sector

Mainland Norway

Sources: Statistics Norway and Norges Bank

Page 23: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Chart 23 Mathematical skills among new students Per cent correct answers

20

40

60

80

100

20

40

60

80

100

19841986

1999

2003

Calculation of percentage

Arithmetic

Source: Norwegian Mathematics Council

Page 24: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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20

40

60

80

100

0

4

8

12

16

Torino

1968 Grenoble

1976 Innsbruck

1988 Calgary

1994 Lillehammer

2002 Salt Lake

City

Chart 24 Norwegian medals in the Winter OlympicsIn per cent of total attainable medals

Sources: Norwegian Mathematics Council, IOC and Norges Bank

Page 25: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Chart 25 Share of employedPer cent

55

65

75

85

1972 1976 1980 1984 1988 1992 1996 2000 2004

55

65

75

85

Norway

US

EU

Source: OECD

Page 26: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Chart 26 Average hours worked per employee

1 200

1 400

1 600

1 800

2 000

1970 1975 1980 1985 1990 1995 2000 2005

1 200

1 400

1 600

1 800

2 000

Norway

US

EU

Source: OECD

Page 27: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

58

59

60

61

62

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004

58

59

60

61

62

Chart 27 Expected age of retirement

Source: National Insurance Administration

Page 28: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

Chart 28 New pensioners on agreement-based pensions and disability pensions

Projection. In thousands

0

10

20

30

40

50

60

70

2006 2007 2008 2009 2010 2011 2012 2013

0

10

20

30

40

50

60

70Agreement-based

Disability

Source: The Norwegian National Insurance Administration and Norges Bank

Page 29: Norges Bank 1 Chart 1 Norwegian commercial fleet 1800-1900 Thousand gross tons Source: Statistics Norway.

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Norges Bank

Chart 29 The Government Pension Fund – GlobalPer cent of mainland GDP

0

50

100

150

200

250

2000 2005 2010 2015 2020 2025 2030 2035 2040

0

50

100

150

200

250

Sources: Ministry of Finance and Norges Bank