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