A rich state for citizens
Norway is one of the richest countries in the world. According to the World Bank, with a nominal gross domestic product per capita of USD 81,807, it is in 5th position among all countries. For comparison, Poland in this ranking was on 62 positions with USD 15,424 GDP per capita. A large part of Norway’s income comes from state-owned mining companies that deal primarily with oil, but also zinc, iron and lead. The economy of this country is not only the mining industry, but also fisheries, forestry and the electrochemical industry.
What makes this rich Scandinavian country stand out is that revenues from natural resources serve the whole society, not narrow elites. The Social Inequality Index (Gini Index) determines the distribution of income in society. The greater its value, the greater the income inequality. The closer to zero, the closer the incomes of individual social groups. In Norway, this indicator is one of the lowest in the world and in 2018 was 0.218.
Norway is also doing very well in another social affairs ranking. The HDI indicator evaluates countries on three levels: “long and healthy life”, “knowledge” and “decent standard of living”. In this indicator, the closer to 1, the better. According to data from 2016, thanks to the index of 0.949 Norway was in first place in the ranking. Poland came in 25th with an index of 0.855.
Norway does not belong to the European Union. Its citizens decided in two referendums. Despite this, it provides non-returnable foreign assistance to new members of the Community under the Norwegian Financial Mechanism and the Financial Mechanism of the European Economic Area (i.e. so-called Norwegian and EEA funds).
One of the basic features of Norway’s socio-political system is the large role of social dialogue. In solving problems, and not only concerning labor relations, but also many other areas is carried out with the participation of all interested parties.