Norway Current Account Value and percent from GDP
Norway Current Account Data
Indicator | Data | Period |
---|---|---|
Current Account to GDP | 2 % | 2020 |
Current Account | 269482 NOK Million | 27.521 B USD | 4Q/21 |
Latest data on Current Account to GDP (%)
What is ratio of Norway Current Account to GDP?
- The surplus of Current Account to GDP in Norway decreased to 2 % in 2020. The maximum surplus was 16.1 % and deficit was -6.1 %
- Data published Yearly by Statistics.
Historical Data (%) by years
Data
Period
Date
2 | 2020 | 12.03.2021 |
4.1 | 2019 | 29.09.2020 |
7.1 | 2018 | 07.03.2019 |
5.7 | 2017 | 07.09.2018 |
4.9 | 2016 | 11.08.2017 |
8.7 | 2015 | 31.12.2015 |
11 | 2014 | 31.12.2014 |
10.2 | 2013 | 31.12.2013 |
Historical Chart by prime ministers (%)










Current Account to GDP in Norway by prime ministers
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Erna Solberg | 16.10.2013 - | 10.2000 | 5.1000 | 11.0000 | 4.9000 | -50.00% |
Jens Stoltenberg | 17.10.2005 - 16.10.2013 | 16.2000 | 12.4000 | 16.2000 | 10.7000 | -23.46% |
Kjell Magne | 19.10.2001 - 17.10.2005 | 15.3000 | 12.4000 | 15.3000 | 12.3000 | -18.95% |
Jens Stoltenberg | 17.03.2000 - 19.10.2001 | 15.5000 | 15.5000 | 15.5000 | 15.5000 | 0.00% |
Kjell Magne (2) | 17.10.1997 - 17.03.2000 | 6.3000 | 6.1000 | 6.3000 | -0.3000 | -3.17% |
Thorbjorn Jagland | 25.10.1996 - 17.10.1997 | 6.9000 | 6.9000 | 6.9000 | 6.9000 | 0.00% |
Gro Harlem (3) | 03.11.1990 - 25.10.1996 | 2.5000 | 3.6000 | 3.7000 | 2.5000 | 44.00% |
Jan Peder Syse | 16.10.1989 - 03.11.1990 | -0.1000 | -0.1000 | -0.1000 | -0.1000 | 0.00% |
Gro Harlem (2) | 09.05.1986 - 16.10.1989 | -6.1000 | -4.0000 | -4.0000 | -6.1000 | -34.43% |
Kare Willoch | 14.10.1981 - 09.05.1986 | 3.5000 | 4.7000 | 5.4000 | 0.9000 | 34.29% |
Latest data on Current Account (NOK Million)
What is Norway Current Account Deficit?
- The surplus of Current Account in Norway remained unchanged at 269482 NOK Million (27.521 B USD) in the forth quarter of 2021. The maximum value was 122200 NOK Million and minimum was -16087 NOK Million.
- Data published Quarterly by Statistics.
Historical Data (NOK Million) by years
Data
Period
Date
269482 | 4Q/21 | 02.03.2022 |
148337 | 3Q/21 | 18.01.2022 |
93244 | 2Q/21 | 01.09.2021 |
94301 | 1Q/21 | 02.06.2021 |
9277 | 4Q/20 | 03.03.2021 |
9906 | 3Q/20 | 02.12.2020 |
20482 | 2Q/20 | 02.09.2020 |
66078 | 1Q/20 | 03.06.2020 |
Historical Chart by prime ministers (NOK Million)











Current Account in Norway by prime ministers
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Erna Solberg | 16.10.2013 - | 95341.0000 | 60999.0000 | 122316.0000 | 11572.0000 | -36.02% |
Jens Stoltenberg | 17.10.2005 - 16.10.2013 | 106358.0000 | 71780.0000 | 121708.0000 | 39770.0000 | -32.51% |
Kjell Magne | 19.10.2001 - 17.10.2005 | 61009.0000 | 82812.0000 | 82812.0000 | 43995.0000 | 35.74% |
Jens Stoltenberg | 17.03.2000 - 19.10.2001 | 43847.0000 | 67286.0000 | 76805.0000 | 39097.0000 | 53.46% |
Kjell Magne (2) | 17.10.1997 - 17.03.2000 | 13138.0000 | 33682.0000 | 33682.0000 | -9507.0000 | 156.37% |
Thorbjorn Jagland | 25.10.1996 - 17.10.1997 | 17485.0000 | 18301.0000 | 23531.0000 | 15323.0000 | 4.67% |
Gro Harlem (3) | 03.11.1990 - 25.10.1996 | 11446.0000 | 18642.0000 | 20382.0000 | 530.0000 | 62.87% |
Jan Peder Syse | 16.10.1989 - 03.11.1990 | -4790.0000 | 8655.0000 | 8655.0000 | -4790.0000 | -280.69% |
Gro Harlem (2) | 09.05.1986 - 16.10.1989 | -16087.0000 | 2146.0000 | 2146.0000 | -16087.0000 | -113.34% |
Kare Willoch | 14.10.1981 - 09.05.1986 | -543.0000 | -3472.0000 | 7383.0000 | -3472.0000 | 539.41% |
Gro Harlem | 04.02.1981 - 14.10.1981 | 2379.0000 | 4164.0000 | 6456.0000 | 2379.0000 | 75.03% |
Other trade indicators in Norway
Index | Updated | Actual | Previous |
Weapons Sales | 2020 | 72 M USD | 31 |
Balance of Trade | Apr/22 | 9.457 B USD | 14.131 |
Capital Flows | 4Q/21 | 24.328 B USD | 10.909 |
Exports | Apr/22 | 16.912 B USD | 23.113 |
Foreign Exchange Reserves | Apr/22 | 74.621 B USD | 71.445 |
Imports | Apr/22 | 7.455 B USD | 8.982 |
Terms of Trade | 1Q/22 | 104 in. pt. | 95.46 |
Current Account to GDP in other countries
Country | Updated | Actual | Previous |
Austria | 2020 | 2.5 % | 2.8 |
Ireland | 2020 | 4.6 % | -11.3 |
Luxembourg | 2020 | 4.3 % | 4.6 |
Spain | 2020 | 0.7 % | 2.1 |
Iceland | 2020 | 1 % | 6.4 |
Norway | 2020 | 2 % | 2.8 |
Belarus | 2020 | -0.4 % | -1.9 |
Belgium | 2020 | -0.2 % | 0.3 |
Bulgaria | 2020 | -0.7 % | 1.8 |
Croatia | 2020 | -0.3 % | 3 |
Cyprus | 2020 | -11.9 % | -6.3 |
Czech Republic | 2020 | 3.6 % | 0.3 |
Denmark | 2020 | 7.8 % | 8.9 |
Estonia | 2020 | -0.6 % | 2 |
Euro Area | 2020 | 3 % | 3.1 |
European Union | 2020 | 3 % | 3 |
Finland | 2020 | 0.3 % | -0.3 |
France | 2021 | -1 % | -1.9 |
Germany | 2020 | 7 % | 7.5 |
Greece | 2020 | -6.7 % | -1.5 |
Hungary | 2020 | 0 % | -0.4 |
Italy | 2020 | 3.6 % | 3.2 |
Latvia | 2020 | 3 % | -0.6 |
Lithuania | 2020 | 8.3 % | 3.3 |
Macedonia | 2020 | -3.5 % | -3.3 |
Malta | 2020 | -4 % | 5.8 |
Moldova | 2021 | -11.6 % | -7.7 |
Montenegro | 2020 | -25.9 % | -15 |
Netherlands | 2020 | 7.8 % | 9.9 |
Poland | 2020 | 3.6 % | 0.5 |
Portugal | 2020 | -1.2 % | 0.4 |
Romania | 2020 | -5.1 % | -4.7 |
Russia | 2021 | 6.8 % | 2.4 |
Serbia | 2020 | -4.3 % | -6.9 |
Slovakia | 2020 | -0.4 % | -2.7 |
Slovenia | 2020 | 7.1 % | 5.6 |
Sweden | 2020 | 5.2 % | 5.1 |
Switzerland | 2020 | 3.8 % | 6.7 |
Turkey | 2021 | -1.7 % | -5 |
Ukraine | 2020 | 4.3 % | -2.7 |
United Kingdom | 2018 | -3.9 % | -4.1 |
Albania | 2020 | -8.9 % | -8.5 |
Bosnia and Herzegovina | 2020 | -3.1 % | -3.1 |
Kosovo | 2020 | -7.2 % | -5.8 |