{"format":"alysly-page/1","url":"https://alysly.com/markets/countries/no/","json":"https://alysly.com/json/markets/countries/no/index.json","lang":"en-US","title":"Norway Stocks & ETFs | Economy | Holdings and Country Weight","description":"112 tracked Norway stocks, World Bank indicators (GDP per capita $94,594) and the ETFs with the highest country weight (up to 6.0% in SMC).","modified":"2026-10-31T00:00:00Z","alternates":[{"lang":"de-DE","url":"https://alysly.com/de/maerkte/laender/no/","json":"https://alysly.com/json/de/maerkte/laender/no/index.json"}],"about":"Machine-readable version of the page at url. It contains the text, tables and key figures published there, but not the interactive charts and tools.","breadcrumb":[{"name":"Markets","url":"https://alysly.com/markets/"},{"name":"Countries","url":"https://alysly.com/markets/countries/"},{"name":"Norway","url":"https://alysly.com/markets/countries/no/"}],"content":[{"type":"heading","level":1,"text":"Norway"},{"type":"paragraph","text":"NOR · Europe & Central Asia · High income"},{"type":"paragraph","text":"This page brings together what Norway means for an ETF portfolio: the economic picture from World Bank data, the 112 Norway stocks we track, and the ETFs that actually give you exposure — with the country weight computed from real fund holdings, not estimated."},{"type":"heading","level":2,"text":"Economic Indicators"},{"type":"facts","items":[{"label":"Gross domestic product (2025)","value":"$531B"},{"label":"GDP per capita (2025)","value":"$94,594"},{"label":"Real GDP growth (2025)","value":"1.1%"},{"label":"Inflation rate (2025)","value":"3.0%"},{"label":"Unemployment rate (2025)","value":"4.6%"},{"label":"Population (2025)","value":"5.6 m"}]},{"type":"table","caption":"Economic indicators over time","columns":["Year","GDP per capita (USD)","Real GDP growth (%)","Inflation rate (%)","Unemployment rate (%)"],"rows":[["2018","85,579","1.1","2.7","3.8"],["2019","79,329","1.5","2.2","3.7"],["2020","71,058","-1.4","1.3","4.4"],["2021","96,443","4.1","3.5","4.4"],["2022","113,122","4.1","5.8","3.2"],["2023","90,984","0.4","5.5","3.6"],["2024","89,889","1.4","3.2","4.0"],["2025","94,594","1.1","3.0","4.6"]]},{"type":"paragraph","text":"Data note 1","href":"#dn-1"},{"type":"heading","level":2,"text":"ETFs With the Highest Norway Weight"},{"type":"paragraph","text":"Sum of the fund's individual holdings from this country — added up from published holdings, not estimated."},{"type":"table","caption":"ETFs by country weight","columns":["ETF","Index","Weight","Holdings"],"rows":[[{"text":"State Street® SPDR® MSCI Europe Small Cap UCITS ETF SMC · IE00BKWQ0M75","links":[{"text":"State Street® SPDR® MSCI Europe Small Cap UCITS ETF","href":"https://alysly.com/markets/etfs/state-street-spdr-msci-europe-small-cap-ucits-etf/"}]},{"text":"MSCI Europe Small Cap","href":"https://alysly.com/markets/indices/msci-europe-small-cap/"},"6.0%","46"],[{"text":"Xtrackers MSCI Europe Small Cap UCITS ETF 1c XXSC · LU0322253906","links":[{"text":"Xtrackers MSCI Europe Small Cap UCITS ETF 1c","href":"https://alysly.com/markets/etfs/xtrackers-msci-europe-small-cap-ucits-etf-1c/"}]},{"text":"MSCI Europe Small Cap","href":"https://alysly.com/markets/indices/msci-europe-small-cap/"},"4.3%","36"],[{"text":"Xtrackers MSCI Europe Small Cap UCITS ETF 1d XMES · LU3456232308","links":[{"text":"Xtrackers MSCI Europe Small Cap UCITS ETF 1d","href":"https://alysly.com/markets/etfs/xtrackers-msci-europe-small-cap-ucits-etf-1d/"}]},{"text":"MSCI Europe Small Cap","href":"https://alysly.com/markets/indices/msci-europe-small-cap/"},"4.3%","36"],[{"text":"iShares STOXX Europe 600 UCITS ETF (DE) EXSA · DE0002635307","links":[{"text":"iShares STOXX Europe 600 UCITS ETF (DE)","href":"https://alysly.com/markets/etfs/ishares-stoxx-europe-600-ucits-etf-de/"}]},{"text":"STOXX Europe 600","href":"https://alysly.com/markets/indices/stoxx-600/"},"1.3%","22"],[{"text":"State Street® SPDR® MSCI World Energy UCITS ETF WNRG · IE00BYTRR863","links":[{"text":"State Street® SPDR® MSCI World Energy UCITS ETF","href":"https://alysly.com/markets/etfs/state-street-spdr-msci-world-energy-ucits-etf/"}]},{"text":"MSCI World Energy","href":"https://alysly.com/markets/indices/msci-world-energy/"},"1.2%","3"],[{"text":"Xtrackers MSCI World Energy UCITS ETF 1c XDW0 · IE00BM67HM91","links":[{"text":"Xtrackers MSCI World Energy UCITS ETF 1c","href":"https://alysly.com/markets/etfs/xtrackers-msci-world-energy-ucits-etf-1c/"}]},{"text":"MSCI World Energy","href":"https://alysly.com/markets/indices/msci-world-energy/"},"1.2%","3"],[{"text":"State Street® SPDR® S&P® Global Dividend Aristocrats UCITS ETF (Dist) ZPRG · IE00B9CQXS71","links":[{"text":"State Street® SPDR® S&P® Global Dividend Aristocrats UCITS ETF (Dist)","href":"https://alysly.com/markets/etfs/state-street-spdr-sp-global-dividend-aristocrats-ucits-etf-dist/"}]},{"text":"S&P Global Dividend Aristocrats","href":"https://alysly.com/markets/indices/sp-global-dividend-aristocrats/"},"1.2%","1"],[{"text":"Xtrackers Stoxx Europe 600 II UCITS ETF 1c X600 · IE00003M6Z62","links":[{"text":"Xtrackers Stoxx Europe 600 II UCITS ETF 1c","href":"https://alysly.com/markets/etfs/xtrackers-stoxx-europe-600-ii-ucits-etf-1c/"}]},{"text":"STOXX Europe 600","href":"https://alysly.com/markets/indices/stoxx-600/"},"1.2%","19"]]},{"type":"paragraph","text":"Data note 2","href":"#dn-2"},{"type":"heading","level":2,"text":"Largest Tracked Stocks"},{"type":"paragraph","text":"112 stocks from Norway are covered through our ETF holdings — these carry the highest single weight."},{"type":"list","ordered":false,"items":["DNB Bank ASA 1.20%","EQUINOR 0.76%","Equinor ASA 0.76%","Storebrand ASA 0.53%","Frontline Plc 0.52%","Subsea 7 S.A. 0.52%","STOREBRAND 0.52%","Aker BP ASA 0.34%","Norsk Hydro ASA 0.33%","NORSK HYDRO 0.33%","AKER BP 0.33%","SPAREBANK 1 SOR-NORGE ASA 0.32%","SPAREBANK SR-NORGE 0.31%","Vend Marketplaces ASA 0.24%","Yara International ASA 0.24%","NORDIC SEMICONDUCTOR 0.23%","Mowi ASA 0.23%","Nordic Semiconductor ASA 0.22%","AKER 0.22%","TELENOR 0.21%"]},{"type":"heading","level":2,"text":"All Tracked Stocks"},{"type":"paragraph","text":"21 names, ETF coverage on average in the 76.6th percentile of all stocks we cover. Sorted by ETF reach."},{"type":"table","caption":"Tracked stocks","columns":["Stock","Ticker","ETFs"],"rows":[[{"text":"DNB Bank ASA","href":"https://alysly.com/markets/stocks/dnb-bank-asa/"},"DNB","27"],[{"text":"Equinor ASA","href":"https://alysly.com/markets/stocks/equinor-asa/"},"EQNR","26"],[{"text":"Mowi ASA","href":"https://alysly.com/markets/stocks/mowi-asa/"},"MOWI","26"],[{"text":"Aker BP ASA","href":"https://alysly.com/markets/stocks/aker-bp-asa/"},"AKRBP","25"],[{"text":"Gjensidige Forsikring ASA","href":"https://alysly.com/markets/stocks/gjensidige-forsikring-asa/"},"GJF","25"],[{"text":"Kongsberg Gruppen ASA","href":"https://alysly.com/markets/stocks/kongsberg-gruppen-asa/"},"KOG","25"],[{"text":"Yara International ASA","href":"https://alysly.com/markets/stocks/yara-international-asa/"},"YAR","25"],[{"text":"Norsk Hydro ASA","href":"https://alysly.com/markets/stocks/norsk-hydro-asa/"},"NHY","24"],[{"text":"SalMar ASA","href":"https://alysly.com/markets/stocks/salmar-asa/"},"SALM","24"],[{"text":"Orkla ASA","href":"https://alysly.com/markets/stocks/orkla-asa/"},"ORK","22"],[{"text":"Var Energi ASA","href":"https://alysly.com/markets/stocks/var-energi-asa/"},"VAR","19"],[{"text":"Frontline plc","href":"https://alysly.com/markets/stocks/frontline-plc/"},"FRO","15"],[{"text":"Storebrand ASA","href":"https://alysly.com/markets/stocks/storebrand-asa/"},"STB","15"],[{"text":"Subsea 7 S.A.","href":"https://alysly.com/markets/stocks/subsea/"},"SUBC","15"],[{"text":"VEND Marketplaces ASA","href":"https://alysly.com/markets/stocks/vend-marketplaces-asa-cl/"},"VEND","15"],[{"text":"TOMRA Systems ASA","href":"https://alysly.com/markets/stocks/tomra-systems-asa/"},"TOM","14"],[{"text":"Aker ASA Class A","href":"https://alysly.com/markets/stocks/aker/"},"AKER","13"],[{"text":"Nordic Semiconductor ASA","href":"https://alysly.com/markets/stocks/nordic-semiconductor-asa/"},"NOD","13"],[{"text":"Sparebank 1 Sor-Norge ASA","href":"https://alysly.com/markets/stocks/sparebank-sr-norge/"},"SB1NO","13"],[{"text":"Sparebanken Norge","href":"https://alysly.com/markets/stocks/sparebanken-norge/"},"SBNOR","5"],[{"text":"TGS Nopec Geophysical","href":"https://alysly.com/markets/stocks/tgs-nopec-geophysical/"},"TGS","1"]]},{"type":"paragraph","text":"Data note 3","href":"#dn-3"},{"type":"heading","level":2,"text":"Other Countries in This Region"},{"type":"list","ordered":false,"items":[{"text":"Austria","href":"https://alysly.com/markets/countries/at/"},{"text":"Belgium","href":"https://alysly.com/markets/countries/be/"},{"text":"Switzerland","href":"https://alysly.com/markets/countries/ch/"},{"text":"Germany","href":"https://alysly.com/markets/countries/de/"},{"text":"Denmark","href":"https://alysly.com/markets/countries/dk/"},{"text":"Spain","href":"https://alysly.com/markets/countries/es/"},{"text":"Finland","href":"https://alysly.com/markets/countries/fi/"},{"text":"France","href":"https://alysly.com/markets/countries/fr/"},{"text":"United Kingdom","href":"https://alysly.com/markets/countries/gb/"},{"text":"Greece","href":"https://alysly.com/markets/countries/gr/"},{"text":"Ireland","href":"https://alysly.com/markets/countries/ie/"},{"text":"Italy","href":"https://alysly.com/markets/countries/it/"},{"text":"Luxembourg","href":"https://alysly.com/markets/countries/lu/"},{"text":"Netherlands","href":"https://alysly.com/markets/countries/nl/"}]},{"type":"list","ordered":false,"items":[{"text":"Which ETFs hold which stock?","href":"https://alysly.com/markets/etfs/holdings/"},{"text":"Stocks by sector","href":"https://alysly.com/markets/stocks/by-sector/"},{"text":"ETF overlap","href":"https://alysly.com/markets/etfs/overlap/"},{"text":"Market network","href":"https://alysly.com/markets/network/"}]},{"type":"heading","level":2,"text":"In the Alysly Network"},{"type":"image","alt":"Network diagram: Norway"},{"type":"paragraph","text":"The map shows how Norway connects to ETFs, indices and other names. Each link is based on measured data and is not a recommendation."},{"type":"list","ordered":false,"items":[{"text":"Aker BP Stock · domicile","links":[{"text":"Aker BP","href":"https://alysly.com/markets/stocks/aker-bp-asa/"}]},{"text":"DNB Bank Stock · domicile","links":[{"text":"DNB Bank","href":"https://alysly.com/markets/stocks/dnb-bank-asa/"}]},{"text":"Equinor Stock · domicile","links":[{"text":"Equinor","href":"https://alysly.com/markets/stocks/equinor-asa/"}]},{"text":"Gjensidige Forsikring Stock · domicile","links":[{"text":"Gjensidige Forsikring","href":"https://alysly.com/markets/stocks/gjensidige-forsikring-asa/"}]},{"text":"Kongsberg Gruppen Stock · domicile","links":[{"text":"Kongsberg Gruppen","href":"https://alysly.com/markets/stocks/kongsberg-gruppen-asa/"}]},{"text":"Mowi Stock · domicile","links":[{"text":"Mowi","href":"https://alysly.com/markets/stocks/mowi-asa/"}]},{"text":"Yara International Stock · domicile","links":[{"text":"Yara International","href":"https://alysly.com/markets/stocks/yara-international-asa/"}]}]},{"type":"paragraph","text":"View the full data network","href":"https://alysly.com/markets/network/"},{"type":"paragraph","text":"Updated Oct 31, 2026"},{"type":"heading","level":2,"id":"note-legend-h","text":"Data Notes"},{"type":"paragraph","text":"How the figures on this page are produced and how current they are. All calculations run automatically and are not investment advice."},{"type":"list","ordered":true,"items":[{"id":"dn-1","text":"Country indicators from World Bank Open Data (CC BY 4.0), latest available annual value."},{"id":"dn-2","text":"Holdings as of the fund's latest published holdings list; the as-of date is shown at the block."},{"id":"dn-3","text":"Number of ETFs with available holdings data that hold the stock; the percentile compares all covered stocks against that same set."}]},{"type":"paragraph","text":"Data and methodology: Alysly · Responsible for content: Alexander Bock","links":[{"text":"Alysly","href":"https://alysly.com/methodology/"},{"text":"Alexander Bock","href":"https://alysly.com/about/"}]},{"type":"paragraph","text":"View all data notes","href":"https://alysly.com/notes/"}],"structured_data":[{"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://alysly.com/#org","name":"Alysly","url":"https://alysly.com/","logo":{"@type":"ImageObject","url":"https://alysly.com/img/icon-512.png","width":512,"height":512},"description":"Data-driven insights, transparent analysis and powerful tools for long-term investors.","email":"mail@alysly.com","contactPoint":{"@type":"ContactPoint","contactType":"customer support","email":"mail@alysly.com","availableLanguage":["de","en"]},"address":{"@type":"PostalAddress","addressLocality":"Haltern am See","postalCode":"45721","addressCountry":"DE"},"founder":{"@id":"https://alysly.com/#founder"},"sameAs":["https://www.linkedin.com/company/alyslycom/","https://www.youtube.com/@alyslycom","https://x.com/alyslycom"],"publishingPrinciples":"https://alysly.com/methodology/"},{"@type":"Person","@id":"https://alysly.com/#founder","name":"Alexander Bock","jobTitle":"Founder and data analyst","url":"https://alysly.com/about/","sameAs":["https://www.linkedin.com/in/abxk/"]},{"@type":"WebSite","@id":"https://alysly.com/#site","url":"https://alysly.com/","name":"Alysly","alternateName":"Alysly Investment Analysis","inLanguage":"en-US","publisher":{"@id":"https://alysly.com/#org"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://alysly.com/markets/stocks/browse/?q={search_term_string}"},"query-input":"required name=search_term_string"}},{"@type":"WebPage","@id":"https://alysly.com/markets/countries/no/#webpage","url":"https://alysly.com/markets/countries/no/","name":"Norway – Alysly","description":"112 tracked Norway stocks, World Bank indicators (GDP per capita $94,594) and the ETFs with the highest country weight (up to 6.0% in SMC).","inLanguage":"en-US","isPartOf":{"@id":"https://alysly.com/#site"},"dateModified":"2026-10-31T00:00:00Z","publisher":{"@id":"https://alysly.com/#org"},"mainEntity":{"@id":"https://alysly.com/markets/countries/no/#entity"},"primaryImageOfPage":{"@type":"ImageObject","url":"https://alysly.com/og.png","width":1200,"height":630}}]},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Markets","item":"https://alysly.com/markets/"},{"@type":"ListItem","position":2,"name":"Countries","item":"https://alysly.com/markets/countries/"},{"@type":"ListItem","position":3,"name":"Norway"}]},{"@context":"https://schema.org","@type":"Dataset","@id":"https://alysly.com/markets/countries/no/#entity","name":"Norway — economic data and equity holdings","description":"112 tracked Norway stocks, World Bank indicators (GDP per capita $94,594) and the ETFs with the highest country weight (up to 6.0% in SMC).","url":"https://alysly.com/markets/countries/no/","inLanguage":"en-US","license":"https://creativecommons.org/licenses/by/4.0/","isAccessibleForFree":true,"creator":{"@type":"Organization","name":"World Bank","url":"https://data.worldbank.org/"},"publisher":{"@id":"https://alysly.com/#org"},"spatialCoverage":{"@type":"Country","name":"Norway","identifier":"NOR"},"variableMeasured":[{"@type":"PropertyValue","name":"Gross domestic product (2025)","value":530755719438.879},{"@type":"PropertyValue","name":"Real GDP growth (2025)","value":1.08528185031417},{"@type":"PropertyValue","name":"GDP per capita (2025)","value":94594.1929573987},{"@type":"PropertyValue","name":"Inflation rate (2025)","value":3.03967027305512},{"@type":"PropertyValue","name":"Population (2025)","value":5610870},{"@type":"PropertyValue","name":"Unemployment rate (2025)","value":4.637}]}],"notice":"© 2026 Alysly.com. Not investment advice. All data without guarantee. Financial information is analyzed and presented partly with AI assistance."}