What would happen if the Nordic countries united?

The potential benefits of a united Scandinavia Scandinavia consists of Norway, Sweden and Denmark and we’ll focus simply on that initially. The combined country would have a population of around 21 million. The GDP per capita for Scandinavia would be around $62,000 putting the country in 15th place.

Is a Nordic union possible?

It is unlikely to go further. Only way this would happen is probably if current European Union break up. That might in some way leave room for a Northern European Union. But most likely this would be more in form of a trade and travel agreement than a extensive union.

What makes the Nordic countries so powerful?

There are a cluster of factors that tend to co-occur, including high life satisfaction, high levels of social and institutional trust, high-quality democratic institutions, extensive welfare benefits, and social-economic equality, and this cluster of factors is nowhere else so strong as in the Nordics.

What is the Nordic Union?

The Nordic Passport Union allows citizens of the Nordic countries – Iceland, Denmark, Norway, Sweden, and Finland – to travel and reside in another Nordic country (and Svalbard) without any travel documentation (e.g. a passport or national identity card) or a residence permit.

Is Nordic model successful?

The Nordic model has been successful at significantly reducing poverty. In 2011, poverty rates before taking into account the effects of taxes and transfers stood at 24.7\% in Denmark, 31.9\% in Finland, 21.6\% in Iceland, 25.6\% in Norway, and 26.5\% in Sweden.

Which Nordic country is best?

Norway
Well, Finland is a pretty good bet, having recently been cited as the world’s happiest country, according to the 2019 UN World Happiness index. But actually, all of the Scandinavian countries come in the top ten, with Denmark ranked 2nd, Norway 3rd, Iceland 4th (if we’re including the Nordic countries) and Sweden 7th.