Norway Current Account Balance (US Dollars) Statistics

22, Apr 2019, EDT.

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Country or Region: Norway › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Norway indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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. Source: National Statistics Office Latest actual data: 2015 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: Norwegian krone Data last updated: 03/2016

Current Account Balance (US Dollars) Statistics for Norway , Year 2015 - In Detail

Current Account Balance (US Dollars) for Norway in year 2015 is US$ 35.038 Billion. 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.

This makes Norway No. 11 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Norway is US$ 28.00 more than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Norway was US$ 59.78 Billion Current Account Balance (US Dollars) for Norway in 2015 was or will be 41.39% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Norway was or will be US$23.68 Billion, which is 32.42% less than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Norway, in other Years
Year US$ Billion
  2021 35.964
  2020 36.342
  2019 35.579
  2018 31.036
  2017 27.972
  2016 23.68
2015 35.038
  2014 59.779
  2013 53.485
  2012 63.358
  2011 61.539
  2010 46.773
  2009 41.06
  2008 72.391
  2007 49.037
  2006 55.777
  2005 50.105
  2004 32.708
  2003 27.436
  2002 24.09
  2001 27.531
  2000 25.268
  1999 8.918
  1998 -0.476
  1997 9.939
  1996 11.004
  1995 5.318
  1994 3.735
  1993 3.513
  1992 4.472
  1991 4.383
  1990 2.943
  1989 -0.094
  1988 -4.022
  1987 -4.353
  1986 -4.691
  1985 3.037
  1984 3.28
  1983 2.445
  1982 0.527
  1981 2.171
  1980 1.079