3 ms·
In Norway we distinguish between offshore and onshore GDP [1]. The ool income goes straight into the oil fund and that does not invest in Norway and neither do
by kwhitefoot 3y ago
In Norway we distinguish between offshore and onshore GDP [1]. The ool income goes straight into the oil fund and that does not invest in Norway and neither does a large amount of the income generated from it get spent in Norway.
So yes, there is an alternative, just do the statistics properly.
[1] https://www.ssb.no/nasjonalregnskap-og-konjunkturer/nasjonalregnskap/statistikk/nasjonalregnskap/artikler/bnp-fastlands-norge-tok-seg-opp-igjen-i-mai https://www.ssb.no/nasjonalregnskap-og-konjunkturer/nasjonal...