Introduction
Background: Norway gained its independence from Sweden in 1905. As a separate realm, Norway stayed free of World War I but suffered German occupation in World War II. Discovery of oil and gas in adjacent waters in the late 1960s gave a strong boost to Norway's economic fortunes. Norway is planning for the time when its oil and gas reserves are depleted and is focusing on containing spending on its extensive welfare system. It has decided at this time not to join the European Union and the new euro currency regime.
Geography
Location: Northern Europe, bordering the North Sea and the North
Atlantic Ocean, west of Sweden
Geographic coordinates: 62 00 N, 10 00 E
Map references: Europe
Area:
total: 324,220 sq km
land: 307,860 sq km
water: 16,360 sq km
Area—comparative: slightly larger than New Mexico
Land boundaries:
total: 2,515 km
border countries: Finland 729 km, Sweden 1,619 km, Russia 167 km
Coastline: 21,925 km (includes mainland 3,419 km, large islands
2,413 km, long fjords, numerous small islands, and minor
indentations 16,093 km)