Norwegians enjoy the second-highest
GDP per-capita among European countries (after
Luxembourg), and the fourth-highest
GDP (PPP) per-capita in the world. Today, Norway ranks as the second-wealthiest country in the world in monetary value, with the largest capital reserve per capita of any nation.
[89] According to the CIA World Factbook, Norway is a net external creditor of debt.
[2] Norway maintained first place in the world in the
UNDPHuman Development Index (HDI) for six consecutive years (2001–2006),
[8] and then reclaimed this position in 2009, through 2014.
[17] The standard of living in Norway is among the highest in the world.
Foreign Policy Magazine ranks Norway last in its
Failed States Index for 2009, judging Norway to be the world's most well-functioning and stable country.The
OECD ranks Norway fourth in the 2013 equalised
Better Life Index and third in intergenerational earnings elasticity.
[90][91] Based on continued oil and gas exports, coupled with a healthy economy and substantial accumulated wealth, Norway is expected to continue as among the richest countries in the world in the foreseeable future.