Current account balance in US dollars — all countries

Current account balance in US dollars — Norway

Current account balance in US dollars in Norway in 2031 — 68.92 bn US$. Ranked 11 in the world out of 187. Since 1980, the indicator has risen by 6,287.4%.

2031 68.92 bn US$ −4.07% vs 2030
World rank 11of 187
Period maximum 171.81 bn US$2022
Period minimum -5.01 bn US$1986

Trend over time

1980–2031 · billion US$

Current account balance in US dollars — Norway, 1980–2031-5005010015020019801986199219982004201020162022202820311980: 1.08 bn US$1981: 1.92 bn US$1982: 0.31 bn US$1983: 2.23 bn US$1984: 3.05 bn US$1985: 2.78 bn US$1986: -5.01 bn US$1987: -4.76 bn US$1988: -4.5 bn US$1989: -0.6 bn US$1990: 2.3 bn US$1991: 3.74 bn US$1992: 3.84 bn US$1993: 2.93 bn US$1994: 3.13 bn US$1995: 4.51 bn US$1996: 10.19 bn US$1997: 9.22 bn US$1998: -0.91 bn US$1999: 8.35 bn US$2000: 24.74 bn US$2001: 27.13 bn US$2002: 23.97 bn US$2003: 27.44 bn US$2004: 33.02 bn US$2005: 50.47 bn US$2006: 57.09 bn US$2007: 50.24 bn US$2008: 74.83 bn US$2009: 43.83 bn US$2010: 50.25 bn US$2011: 66.61 bn US$2012: 71.98 bn US$2013: 60.81 bn US$2014: 60.41 bn US$2015: 36.74 bn US$2016: 20.31 bn US$2017: 22.6 bn US$2018: 39 bn US$2019: 15.45 bn US$2020: 6.84 bn US$2021: 75.28 bn US$2022: 171.81 bn US$2023: 85.96 bn US$2024: 75.13 bn US$2025: 74.66 bn US$2026: 85.64 bn US$2027: 82.41 bn US$2028: 77.82 bn US$2029: 74.43 bn US$2030: 71.85 bn US$2031: 68.92 bn US$
Change over the period: +67.84 (+6,287.4%) Average annual rate: 8.49 %

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Norway

Norway 68.92 bn US$
World computed 458.47 bn US$
Europe & Central Asia computed 638.05 bn US$
Northern Europe computed 138.41 bn US$
High-income countries computed 140.01 bn US$
Current account balance in US dollars — Norway, by year Norway All countries CSV XLSX
Year bn US$ Change Change, %
2031 68.92 −2.93 −4.07%
2030 71.85 −2.58 −3.47%
2029 74.43 −3.39 −4.36%
2028 77.82 −4.59 −5.57%
2027 82.41 −3.23 −3.77%
2026 85.64 +10.97 +14.7%
2025 74.66 −0.46 −0.62%
2024 75.13 −10.83 −12.6%
2023 85.96 −85.85 −49.97%
2022 171.81 +96.52 +128.22%
2021 75.28 +68.44 +1,000.12%
2020 6.84 −8.6 −55.7%
2019 15.45 −23.55 −60.39%
2018 39 +16.4 +72.57%
2017 22.6 +2.29 +11.27%
2016 20.31 −16.44 −44.73%
2015 36.74 −23.67 −39.18%
2014 60.41 −0.39 −0.65%
2013 60.81 −11.17 −15.52%
2012 71.98 +5.37 +8.06%
2011 66.61 +16.36 +32.57%
2010 50.25 +6.42 +14.64%
2009 43.83 −31 −41.43%
2008 74.83 +24.59 +48.94%
2007 50.24 −6.85 −11.99%
2006 57.09 +6.62 +13.11%
2005 50.47 +17.45 +52.86%
2004 33.02 +5.59 +20.36%
2003 27.44 +3.46 +14.45%
2002 23.97 −3.16 −11.64%
2001 27.13 +2.39 +9.64%
2000 24.74 +16.4 +196.43%
1999 8.35 +9.26 +1,015.24%
1998 -0.91 −10.13 −109.89%
1997 9.22 −0.97 −9.54%
1996 10.19 +5.68 +126.14%
1995 4.51 +1.37 +43.78%
1994 3.13 +0.21 +7.04%
1993 2.93 −0.91 −23.67%
1992 3.84 +0.09 +2.51%
1991 3.74 +1.45 +63.05%
1990 2.3 +2.89 +485.71%
1989 -0.6 +3.91 +86.78%
1988 -4.5 +0.26 +5.5%
1987 -4.76 +0.25 +4.97%
1986 -5.01 −7.8 −280.09%
1985 2.78 −0.27 −8.81%
1984 3.05 +0.82 +36.92%
1983 2.23 +1.92 +614.42%
1982 0.31 −1.61 −83.76%
1981 1.92 +0.84 +78.04%
1980 1.08

About the indicator

The current account balance in billions of US dollars: trade in goods and services, income from investment and labor, and current transfers, all together. A positive value means a country exports capital, a negative one that it imports it. By definition the sum over all countries of the world should be zero, but in practice it fails to balance by several hundred billion: the discrepancy comes from countries recording the same flows differently.

Important: The same indicator as a percent of GDP is available separately, and for comparing countries it suits better. The absolute value is needed to see the scale of the flows in the world economy.

Source: World Economic Outlook (IMF), license IMF open data.