The Norwegian political system is classified as a constitutional monarchy. During your Norway travel you will notice that the King’s power is mainly symbolical, and his functions include being the symbol of national unity, High Protector of the Church of Norway and Supreme Commander of the Norwegian armed forces. Elections are not held for this position, as the monarchy is hereditary.
The Legislative body is known as the Storting. It consists of 169 members from 14 Norwegian counties for four-year terms. The Council of the State acts as the executive branch and the Supreme Court as the judicial branch.
On May 17, 1814, Norway was transformed from an absolute monarch to a limited democracy. Today, a coalition between the Labor Party, Socialist Left Party and Center Party are in office.
The government controls key areas of business such as the petroleum sector. Norway relies heavily on its exportation of oil, ranking third behind Russia and Saudi Arabia. The government has been concerned about what will happen when oil runs out, and has been putting money into a Government Petroleum Fund, which has already reached $150 billion.
Norway has opted not to join the European Union, yet it contributes sizably to the EU budget and maintains in close relations with the union. Norway is very active in international relations and is a member of many international organizations.