Norway - 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 |
Periodicity: Annual
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments