Svalbard Economy - 2023

GEOGRAPHICAL NAMES 

Economic overview

high-income Norwegian island economy; major coal mining, tourism, and research sectors; recently established northernmost brewery; key whaling and fishing base; home to the Global Seed Vault

Real GDP growth rate

N/A

Labor force

1,590 (2013)

Budget

revenues: NA

expenditures: NA

Budget surplus (+) or deficit (-)

N/A

Taxes and other revenues

N/A

Exports

N/A

Imports

$NA

Exchange rates

Norwegian kroner (NOK) per US dollar -

8.308 (2017 est.)

8.0646 (2016 est.)

8.0646 (2015)

8.0646 (2014 est.)

6.3021 (2013 est.)

NOTE: The information regarding Svalbard on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Svalbard 2023 information contained here. All suggestions for corrections of any errors about Svalbard 2023 should be addressed to the CIA or the source cited on each page.