Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe whose mainland territory comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic Island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land.

Norway maintains the Nordic welfare model with universal health care and a comprehensive social security system, and its values are rooted in egalitarian ideals. The Norwegian state has large ownership positions in key industrial sectors, having extensive reserves of petroleum, natural gas, minerals, lumber, seafood, and fresh water. The petroleum industry accounts for around a quarter of the country’s gross domestic product (GDP). On a per-capita basis, Norway is the world’s largest producer of oil and natural gas outside of the Middle East.

Resource: Norway – Wikipedia