Norway - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in Norway was $66,693,550,000 as of 2011. Over the past 6 years, the value for this indicator has fluctuated between $72,915,060,000 in 2008 and $45,169,000,000 in 2009.

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
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 $66,693,550,000

Current account balance (% of GDP)

Current account balance (% of GDP) in Norway was 13.73 as of 2011. Its highest value over the past 6 years was 16.44 in 2006, while its lowest value was 12.03 in 2010.

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
2005 16.43
2006 16.44
2007 12.64
2008 16.06
2009 12.05
2010 12.03
2011 13.73

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments