The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Norway  
Rank: 17 · Score: 78.1  

Basic facts, 2020        
Population (millions) 5.4   IPOs and pulic issues (quartile) Top
GDP (US$ billions) 361.9   M&A volume (quartile) 3rd
GDP per capita (US$) 67,415.7   Venture capital investments (quartile) 3rd
GDP growth (per cent) -0.8   Private equity investments (quartile) Top
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 17 108, 107, 109, 108, 108 78.1
1 Economic Activity 32 95, 93, 94, 90, 93 81.6
2 Depth of Capital Market 23 105, 105, 104, 103, 102 75.7
3 Taxation 10 119, 120, 120, 120, 115 107.9
4 Investor Protection and Corporate Governance 5 119, 119, 119, 118, 120 101.6
5 Human and Social Environment 20 107, 107, 107, 108, 105 50.4
6 Entrepreneurial Opportunities 18 107, 106, 106, 107, 107 82.2


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Norway  
Western Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Denmark 81.6 74.0 112.1 102.1 58.9 87.6
Switzerland 84.3 79.7 102.7 72.7 65.0 86.6
Finland 77.8 74.5 114.1 100.7 52.7 87.3
Norway 81.6 75.7 107.9 101.6 50.4 82.2
Spain 80.3 80.7 106.3 83.5 52.9 75.5
Belgium 82.7 70.6 105.8 94.2 46.5 82.8
Austria 82.1 67.1 109.3 95.7 50.9 82.0
Last updated: 21 Jun 2021