The 2016 OECD Economic Survey of Norway finds that while Norway has a very high GDP per capita and levels of well-being, the economy faces challenges from its dependence on oil exports. The recent fall in oil prices highlighted Norway's economic vulnerabilities. To rebalance the economy, the survey recommends continuing prudent fiscal policies, boosting structural policies in areas like higher education and rural economies, improving public spending efficiency, and shifting agricultural support away from subsidies toward broader rural development.