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    Norway

    Extended
    Europe · #9 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    76.3▲ +0.8 YoY
    ●●○0.79IEPA COMPOSITE

    Norway scores 76.3 out of 100 on the IEPA (2024 edition), ranking #9 of 117 economies. That is up 0.8 points on the year before. Its strongest zone is Entrepreneurship Capacity at 88.5. Its binding constraint, the lowest-scoring of its six zones, is FDI Accelerator at 56.1. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    2010201220142016201820202022202420264856647280
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    2010201120122013201420152016201720182019202120232025-6-3036
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #40of 145 ranked economies▼ 18 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    2010201120122013201420152016201720182019202020212022202320241824303642
    CAPABILITY RANK · HIGHER IS BETTER
    1.26% / yr
    Implied growth
    Annual growth the current capability base points to.
    110
    Diversity
    Distinct products made at competitive scale.
    +0.73
    Capability score
    Standardized: 0 is the world average.
    -0.12
    Outlook
    Value of the new products within reach of what it already does.
    READ ALONGSIDE THE INDEX
    This market sits in the top 4% on the IEPA composite but the top 33% on productive capability. The wider system is converting more than the productive base alone would predict, which puts the question on how durable that is. Both figures rank the same 115 markets that carry each measure.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Minerals10 of 48 made · 53% of the rest within reach
    Industrial Chemicals and Metals23 of 157 made · 46% of the rest within reach
    Metalworking and Electrical Machinery and Parts14 of 155 made · 32% of the rest within reach
    Agriculture12 of 200 made · 20% of the rest within reach
    Construction, Building, and Home Supplies5 of 104 made · 17% of the rest within reach
    Electronic and Electrical Goods4 of 73 made · 19% of the rest within reach
    Textile and Home Goods2 of 78 made · 13% of the rest within reach
    Textile Apparel and Accessories0 of 50 made · 2% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Minerals. This market makes 21% of that cluster today, and 53% of what it does not make sits one step from something it already does.
    Textile Apparel and Accessories is the furthest: 0% made, and only 2% of the rest is within one step. A move there means building capability rather than extending it.
    READ ON THE 70 OF 110 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Other articles of precious metals$7B world market
    Consumer Goods & RetailOPENS 0.23 · COMPLEXITY +0.72
    Tanks and other armored fighting vehicles$7B world market
    Automotive & MobilityOPENS 0.23 · COMPLEXITY +0.76
    Cyclic hydrocarbons$35B world market
    Chemicals & PlasticsOPENS 0.21 · COMPLEXITY +0.57
    Polymers of propylene$39B world market
    Chemicals & PlasticsOPENS 0.15 · COMPLEXITY +0.21
    Other tubes and pipes, diameter > 406.4 mm, of iron or steel$9B world market
    Mining, Metals & MaterialsOPENS 0.14 · COMPLEXITY -0.01
    Other aircraft and spacecraft$120B world market
    Aerospace, Marine & RailOPENS 0.14 · COMPLEXITY -0.08
    THE NEAREST OPTIONS AMONG 444 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-10-11
    2,100organizations indexed across 11 types · 2,018 mapped
    Corporate R&D
    1,321
    Research organizations
    321
    Government bodies
    172
    Universities & research bodies
    129
    Health research
    67
    Innovation hubs
    41
    Science & tech parks
    31
    Incubators
    6
    Fab labs & makerspaces
    6
    Accelerators
    5
    investor
    1
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 2,100 indexed
    AGERA AKSELERATOR AS
    Accelerators · Oslo · 2016
    Oslo International Hub
    Incubators · 2014
    AGGRATOR INKUBATOR ÅS AS
    Incubators · Ås · 2014
    Kunnskapsbyen Lillestrøm
    Science & tech parks · Lillestrøm
    Innlandet Science Park
    Science & tech parks · Nes
    Norwegian School of Economics
    Universities & research bodies · Bergen · 1936
    University Graduate Center
    Universities & research bodies · Lillestrøm · 1987
    Petroleumsoft (Norway)
    Corporate R&D · Stavanger · 2009
    Panalpina (Norway)
    Corporate R&D · Jessheim · 1935
    Children and War Foundation
    Research organizations · Bergen · 2000
    Tresenteret
    Research organizations · Trondheim · 2000
    Members get the full directory, filters, and exports.See all 2,100 organizations →

    Norway: common questions

    What is Norway's IEPA score?
    Norway scores 76.3 out of 100 on the IEPA, 2024 edition, which ranks it #9 of 117 economies.
    What is Norway's strongest zone?
    Entrepreneurship Capacity, at 88.5. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Norway back?
    Its binding constraint is FDI Accelerator, at 56.1, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Norway compare with its peers?
    The closest scored peers are Cyprus (71.1), Netherlands (70.5), Belgium (69.4), Switzerland (73.3).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Norway →