The Nordic countries of Denmark, Norway, Sweden and Finland have a population of about 27 million. Denmark, Sweden and Finland are part of the EU, while Norway is part of the EEA treaty with the EU member states. The Nordic countries have much in common in their way of life, history, religion and social structure and are often perceived by international investors as one single market.
The Nordic countries cluster near the top in numerous metrics of national performance, including education, economic competitiveness, civil liberties, transparency, GDP per capita, quality of life and human development. Each of the Nordic countries has its own economic and social models, sometimes with large differences from its neighbours, but to varying degrees sharing the so-called “Nordic model” of economy and social structure. Namely a market economy combined with economic efficiency and with social benefits such as state pension and income distribution.
Legislation in the Nordics
Read more about the legislation in each country from our one-minute guide series: