Norway V. Angola

The World’s Most Developed Country V. The Least Developed One.

Introduction

People
-Ethnicity and Religion
-Population
-Health

Economy
-Angola’s economic success?!

Estimations
Introduction
Norway, officialy the
Kingdom of Norway is one
of the most developed
countries of the 21°
century world. Discovery
of oil and gas in adjacent
waters in the late 1960s
boosted Norway's
economic fortunes.
Norway
Location
Northern Europe
petroleum, natural gas, iron ore, copper, lead, zinc,
Natural Sources
titanium, pyrites, nickel, fish, timber, hydropower
Population
5,147,792
Government
constitutional monarchy
GDP per capita $55,400
Refugees
27,710
Status
The most developed country
Angola, the least
developed country in the
world, is still rebuilding its
country since the end of a
27-year civil war in 2002.
Country is facing a
problem of poverty and
economic crisis.
Angola
Southern Africa
petroleum, diamonds, iron ore, phosphates, copper,
feldspar, gold, bauxite, uranium
19,088,106
multiparty presidential regime
$6,300
20,740
The least developed country
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People
Ethnicity and Religion
• Both the Kingdom of Norway and Angola are nation• The charts provide the percentage of the ethnical and
states, mostly inhabited by the majority of native
religious groups in both countries, where in Norway
people. Meanwhile both are Christian dominated
the total population number is 5,147,992 and in
states.
Angola – 19,088,106.
Norway
Angola
Ethnic Groups
Ethnic Groups
2.0%
3.6%
Ovimbundu
22%
Norwegian
37%
1%
Other European
2%
Other
Kimbundu
Bakongo
Mescito
13%
European
94%
25%
Other
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1.8%
2.3%
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Religions
2.4%
Religions
7.5%
3.9%
Evangelican Lutheral
15%
Other Christian
Indigenous Beliefs
Muslim
47%
Roman Catholic
38%
Other
82.1%
Roman Catholic
Protestant
Unspecified
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Population
A population pyramid illustrates the age and sex structure of a country's
population and may provide insights about political and social
stability, as well as economic development. The population is
distributed along the horizontal axis, with males shown on the left
and females on the right.
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Health
The health related problems
are significant factors for the
establishment of a developed
country. However the
comparison between the two
countries emphasizes the
crucial difference
100.0%
80.0%
60.0%
40.0%
20.0%
0.0%
Norway
Angola
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Economy
Norway
Angola
purchasing power party
official exchange rate
Budget
revenues
expenditures
Stock of
narrow money
broad money
domestic credit
direct foreign investment at home
direct foreign investment abroad
Market value of publicly traded shares
Current account balance
$
$
$
$
$
$
$
$
$
$
$
282.2
515.8
292.8
225.0
146.3
312.9
706.4
274.5
264.3
252.9
67.4
$
$
$
$
$
$
$
$
$
$
131.8
124.8
52.8
48.5
17.0
50.7
22.5
17.2
12.9
n/a
10.7
Exports
Imports
$
$
154.2 $
90.1 $
70.8
26.1
GDP
Reserves of foreign exchange and gold
$
51.9 $
Debt - external
$
720.6 $
Note: the amount of money in each sell is sighnificant to billion dollars.
37.8
22.7
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•
An economy or economic system consists of the production,
distribution or trade, and consumption of limited goods and
services by different agents in a given geographical location. The
economic agents can be individuals, businesses, organizations, or
governments. Transactions occur when two parties agree to the
value or price of the transacted good or service, commonly
expressed in a certain currency.
•
“When economies are healthy and strong, people worry less
about how they are going to live during the coming days,
weeks or months.”
•
All the societies are in need for a strong economic system,
otherwise in the era of Globalization, total destruction and
failure is guaranteed. Even though Norway is one of the lading
states, Angola still remains to be on the edge of poverty.
Angola’s Economy
• The Angolan economy rebounded strongly after several
years of low growth attributable to the lingering effects
of the global financial crisis.
• However, Angola’s economy rebounded strongly after
experiencing slow growth due to oil and financial crises.
Chart 1
45
40
35
30
• Even though the economy was growing since 2011 to
2012, the chart demonstrates that the economy started
falling down since 2013
25
20
15
10
5
0
2011
2012
2013
2014
Real GDP growth
Real GDP per capita growth
CPI inflation
Budget balance % GDP
Current accunt % GDP
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Estimations of the Development Level
If the particular country fits the norms that are mandatory
for the accomplishment of the developed domestic
structure, it will become evident whether these countries
fit the different criteria, that have been recognized
worldwide.
Norway Estimation
GDP per caita
High
Health expenditures
High
Budjet ( revenues)
High
Budjet ( expenditures)
High
Export
High
Import
High
Education
High
Internet Users
High
Military Expenditures
High
Militar manpower available High
Angola Estimation
Low
Low
Low
Low
High
Low
Low
Low
High
High
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 The End