Norway - Current account balance
Current account balance (BoP, current US$)
The latest value for Current account balance (BoP, current US$) in Norway was $2,596,825,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $72,915,060,000 in 2008 and ($5,053,109,000) in 1977.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1975 | ($2,478,229,000) |
| 1976 | ($3,746,280,000) |
| 1977 | ($5,053,109,000) |
| 1978 | ($2,118,114,000) |
| 1979 | ($1,047,427,000) |
| 1980 | $1,078,688,000 |
| 1981 | $2,136,765,000 |
| 1982 | $638,766,800 |
| 1983 | $1,956,387,000 |
| 1984 | $2,881,823,000 |
| 1985 | $3,030,387,000 |
| 1986 | ($4,521,052,000) |
| 1987 | ($4,099,260,000) |
| 1988 | ($3,888,621,000) |
| 1989 | $223,955,700 |
| 1990 | $3,985,259,000 |
| 1991 | $5,026,771,000 |
| 1992 | $4,470,994,000 |
| 1993 | $3,522,208,000 |
| 1994 | $3,760,210,000 |
| 1995 | $5,232,528,000 |
| 1996 | $10,968,920,000 |
| 1997 | $10,035,950,000 |
| 1998 | $6,108,454 |
| 1999 | $8,858,629,000 |
| 2000 | $25,078,840,000 |
| 2001 | $27,545,730,000 |
| 2002 | $24,269,040,000 |
| 2003 | $27,697,720,000 |
| 2004 | $33,000,000,000 |
| 2005 | $49,967,490,000 |
| 2006 | $55,913,070,000 |
| 2007 | $49,732,370,000 |
| 2008 | $72,915,060,000 |
| 2009 | $45,169,000,000 |
| 2010 | $50,258,130,000 |
| 2011 | $66,453,560,000 |
| 2012 | $63,595,360,000 |
| 2013 | $53,449,790,000 |
| 2014 | $54,964,660,000 |
| 2015 | $31,105,580,000 |
| 2016 | $14,765,910,000 |
| 2017 | $21,649,920,000 |
| 2018 | $34,961,410,000 |
| 2019 | $11,918,980,000 |
| 2020 | $2,596,825,000 |
Current account balance (% of GDP)
Current account balance (% of GDP) in Norway was 0.72 as of 2020. Its highest value over the past 45 years was 16.18 in 2006, while its lowest value was -12.17 in 1977.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1975 | -7.54 |
| 1976 | -10.42 |
| 1977 | -12.17 |
| 1978 | -4.55 |
| 1979 | -1.97 |
| 1980 | 1.67 |
| 1981 | 3.36 |
| 1982 | 1.02 |
| 1983 | 3.17 |
| 1984 | 4.64 |
| 1985 | 4.63 |
| 1986 | -5.75 |
| 1987 | -4.35 |
| 1988 | -3.82 |
| 1989 | 0.22 |
| 1990 | 3.33 |
| 1991 | 4.12 |
| 1992 | 3.42 |
| 1993 | 2.92 |
| 1994 | 2.96 |
| 1995 | 3.44 |
| 1996 | 6.71 |
| 1997 | 6.22 |
| 1998 | 0.00 |
| 1999 | 5.46 |
| 2000 | 14.64 |
| 2001 | 15.83 |
| 2002 | 12.41 |
| 2003 | 12.10 |
| 2004 | 12.48 |
| 2005 | 16.18 |
| 2006 | 16.18 |
| 2007 | 12.40 |
| 2008 | 15.77 |
| 2009 | 11.70 |
| 2010 | 11.72 |
| 2011 | 13.34 |
| 2012 | 12.48 |
| 2013 | 10.22 |
| 2014 | 11.03 |
| 2015 | 8.06 |
| 2016 | 4.00 |
| 2017 | 5.43 |
| 2018 | 8.00 |
| 2019 | 2.94 |
| 2020 | 0.72 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
