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Norway (; ( [Bokmål] ), Noreg ( [Nynorsk] ) or Norga ( [North Sami] )), officially the Kingdom of Norway , is a [Nordic country] in [Northern Europe] occupying the western portion of the [Scandinavian Peninsula] , as well as [Jan Mayen] and the [Arctic] archipelago of [Svalbard] . Norway has a total area of and a population of about 4.8 million. The majority of the country shares a border to the east with [Sweden] ; its northernmost region is bordered by [Finland] to the south and [Russia] to the east; and [Denmark] lies south of its southern tip across the [Skagerrak Strait] . The [capital city] of Norway is [Oslo] . Norway's extensive coastline, facing the [North Atlantic Ocean] and the [Barents Sea] , is home to its famous [fjords] .

After [World War II] , Norway experienced rapid economic growth, with the first two decades due to the Norwegian shipping and merchant marine and domestic industrialization, and from the early 1970s, a result of exploiting large [oil] and [natural gas] deposits that had been discovered in the [North Sea] and the [Norwegian Sea] . Today, Norway ranks as the wealthiest country in the world in monetary value, with the largest capital reserve per capita of any nation. Norway is the world’s seventh largest oil exporter, and the petroleum industry accounts for around a quarter of its [GDP] .
Following the ongoing [financial crisis of 2007–2010] , bankers have deemed the [Norwegian krone] to be one of the most solid currencies in the world.

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