Norway (Norwegian: Norge (Bokmål) or Noreg (Nynorsk); Northern Sami: Norga; Southern Sami: Nöörje; Lule Sami: Vuodna), officially the Kingdom of Norway, is a Nordic country in Northern Europe whose territory comprises the western and northernmost portion of the Scandinavian Peninsula; the remote island of Jan Mayen and the archipelago of Svalbard are also part of the Kingdom of Norway. The Antarctic Peter I Island and the sub-Antarctic Bouvet Island are dependent territories and thus not considered part of the kingdom. Norway also lays claim to a section of Antarctica known as Queen Maud Land.
The country has the fourth-highest per capita income in the world on the World Bank and IMF lists. On the CIA’s GDP (PPP) per capita list (2015 estimate) which includes autonomous territories and regions, Norway ranks as number eleven. It has the world’s largest sovereign wealth fund, with a value of US$1 trillion. Norway has had the highest Human Development Index ranking in the world since 2009, a position also held previously between 2001 and 2006. It also had the highest inequality-adjusted ranking until 2018 when Iceland moved to the top of the list. Norway ranked first on the World Happiness Report for 2017 and currently ranks first on the OECD Better Life Index, the Index of Public Integrity, and the Democracy Index. Norway has one of the lowest crime rates in the world.
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