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Norway Current Account Balance (% GDP) Statistics

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Country or Region: Norway › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Norway indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Norwegian Krone
Currency Symbol: NOK

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Norway , Year 2010 - In Detail

Current Account Balance (% GDP) for Norway in year 2010 is 12.856 %

This makes Norway No. 10 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Norway is 15.54 more than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Norway was 13.10 % Current Account Balance (% GDP) for Norway in 2010 was or will be 1.83% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Norway was or will be 16.29 %, which is 26.71% more than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for Norway, in other Years
Year %
  2016 14.764
  2015 14.87
  2014 15.048
  2013 15.368
  2012 16.002
  2011 16.29
2010 12.856
  2009 13.095
  2008 17.899
  2007 14.087
  2006 17.232
  2005 16.271
  2004 12.714
  2003 12.291
  2002 12.552
  2001 16.106
  2000 15.013
  1999 5.606
  1998 -0.315
  1997 6.281
  1996 6.871
  1995 3.571
  1994 3.001
  1993 2.979
  1992 3.484
  1991 3.662
  1990 2.502
  1989 -0.093
  1988 -4.019
  1987 -4.708
  1986 -6.075
  1985 4.725
  1984 5.367
  1983 4.022
  1982 0.853
  1981 3.453
  1980 1.731