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Europe and Central Asia

Macro-economic Data

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A. Demography and Macroeconomy
- A.1 Population
- A.2 Economy
B. Housing Market
- B.1 Housing Stock: Production, Transactions
- B.2 Housing Prices and Cost for Urban Areas or Capital City

A. Demography and Macroeconomy

A.1 Population

Variable	End of 2018	End of 2017	End of 2016	Sources	Var ID
Total population	5.31 million	5.28 million	5.23 million	WDI	A.1.1
Total number of households	2.41 million	2.38 million	2.35 million	Statistics Norway	A.1.2
Average household size	2.17	2.19	2.19	Statistics Norway	A.1.3
Urban population (% of total)	82.25% of total	81.87% of total	81.49% of total	WDI	A.1.4
Urban population growth (annual %)	1.17%	1.28%	1.37%	WDI	A.1.5

A.2 Economy

Variable	End of 2018	End of 2017	End of 2016	Sources	Var ID
GDP, current prices (U.S. dollars)	434,167 USD (millions)	398,394 USD (millions)	368,827 USD (millions)	WEO	A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)	395,872 USD (millions)	381,536 USD (millions)	365,981 USD (millions)	WEO	A.2.2
GDP per capita, current prices (U.S. dollars)	81,549.98 USD	75,306.64 USD	70,223.84 USD	WEO	A.2.3
GDP based on PPP per capita GDP (Current international dollar)	74,357.05 USD	72,120.17 USD	69,681.95 USD	WEO	A.2.4
GDP, constant prices (Percent change)	1.29%	2.32%	1.07%	WEO	A.2.5
Inflation, end of period consumer prices (Percent change)	3.49%	1.63%	3.47%	WEO	A.2.6
GDP, deflator (Index)	105.78	100.00	96.20	WEO	A.2.7
Consumer price index	117.72	114.55	112.47	WEO	A.2.8
GINI Index	Not available	27.00	28.50	WDI	A.2.9
Median national annual household income	81,869.04 USD	78,327.62 USD	75,630.95 USD	Statistics Norway	A.2.10
Growth in urban household income (%/year)					A.2.13
Employment (% of total laborforce)					A.2.14
Unemployed	3.8%	4.2%	4.75%	Statistics Norway	A.2.14.3
Interest Rates:					A.2.15
Central bank lending/discount rate	.75%	.5%	.5%	IFS	A.2.15.1
Yield on 10-year Government bond	1.44%	1.07%	.84%	IFS	A.2.15.3
Average bank deposit rate	Not available	Not available	Not available		A.2.15.4
Lending rate	Not available	Not available	Not available		A.2.15.5

B. Housing Market

B.1 Housing Stock: Production, Transactions

Variable	End of 2018	End of 2017	End of 2016	Sources	Var ID
Number of dwelling units:					B.1.1
Total	2.55 million	2.52 million	2.49 million	Statistics Norway	B.1.1.1
Percentage of vacant units	Not available	Not available	Not available		B.1.2
Characteristics of housing stock:					B.1.3
Tenure in urban areas (%):					B.1.4
Owner-occupied units	81.3% of total	82.6% of total	82.7% of total	EuroStat	B.1.4.1
% of owner units with a mortgage	60.1% of total	61.5% of total	62.2% of total	EuroStat	B.1.4.2
Private rental units	16.7% of total	12.6% of total	11% of total	EuroStat	B.1.4.3
Other forms of tenure	2% of total	5.9% of total	6.1% of total	EuroStat	B.1.4.5
Estimated Number of units completed/year					B.1.5
Number of recorded urban housing transactions/year	118196	114382	121578	HypoStat	B.1.6

B.2 Housing Prices and Cost for Urban Areas or Capital City

Variable	End of 2018	End of 2017	End of 2016	Sources	Var ID
Median urban house price in USD:					B.2.1
Median house price to median annual HH income:					B.2.2
Urban	Not available	Not available	Not available		B.2.2.1
Capital city	Not available	Not available	Not available		B.2.2.2
Annual average % change in median house prices:					B.2.3
Yearly Rate	1.9%	-.9%	-2.3%	HypoStat	B.2.3.1
M2 construction cost for median quality house					B.2.4

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