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Yes, they're just a petrostate. Over half their economy is oil and mining.
by mediaman 2y ago
Yes, they're just a petrostate. Over half their economy is oil and mining.
- currymj 2y agothey separate out oil activities in their national accounts. “Mainland Norway” GDP is also not bad compared to neighboring countries. although it doesn’t measure indirect effects of oil wealth on other sectors. but still, “petrostate” isn’t really accurate.