Norway

🛢 Resource-Rich: Oil & Natural Gas

• Norway has abundant oil and gas reserves in the North Sea, making it one of the world’s top energy exporters
• Recently, it has become increasingly important as a major gas supplier to Europe, especially after disruptions in Russian supplies

💰 One of the World's Largest Sovereign Wealth Funds

• Norway manages its "oil money" through the Government Pension Fund Global (GPFG)
• As of 2025, it's worth over ¥180 trillion (approx. $1.2 trillion) — making it one of the largest sovereign wealth funds in the world
• The fund invests globally in stocks, real estate, and bonds, with a strategy focused on stability and long-term returns

🧑‍⚕️ High Welfare + High Tax, But Balanced

• Norway offers comprehensive welfare services like healthcare, education, and social security
• Despite high taxes, the country's oil revenue keeps public finances healthy
• Citizens generally trust the system, so there’s relatively low dissatisfaction

🏦 International Stability & Reputation

• Low unemployment, strong purchasing power, and high living costs
• Maintains a AAA credit rating — the highest possible
• Considered one of the most stable economies in the Nordic region ✨