Crude Oil Production in Norway decreased to 1417 BBL/D/1K in March from 1420 BBL/D/1K in February of 2019. Crude Oil Production in Norway averaged 1674.04 BBL/D/1K from 1973 until 2019, reaching an all time high of 3417 BBL/D/1K in July of 2000 and a record low of 2 BBL/D/1K in January of 1974.

Crude Oil Production in Norway is expected to be 1440.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Norway to stand at 1490.00 in 12 months time. In the long-term, the Norway Crude Oil Production is projected to trend around 1570.00 BBL/D/1K in 2020, according to our econometric models.

Norway Crude Oil Production
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Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 5246.00 10565.00 48677.18 -5680.00 NOK Million [+]
Current Account 67779.00 47321.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 8.10 5.70 16.20 -6.10 percent [+]
Imports 59898.00 66799.00 83879.95 696.00 NOK Million [+]
Exports 65144.00 77365.00 98223.26 449.00 NOK Million [+]
External Debt 5482151.00 5425403.00 5585278.00 0.00 NOK Million [+]
Terms of Trade 95.88 101.62 115.90 75.84 Index Points [+]
Capital Flows 32462.00 46939.00 189108.00 -61109.00 NOK Million [+]
Crude Oil Production 1417.00 1420.00 3417.00 2.00 BBL/D/1K [+]
Terrorism Index 0.15 0.00 4.71 0.00 [+]
Weapons Sales 64.00 153.00 278.00 1.00 USD Million [+]
Foreign Direct Investment -11977.00 -35230.00 118173.00 -219186.00 NOK Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Norway Crude Oil Production

This page provides the latest reported value for - Norway Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Crude Oil Production - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1417.00 1420.00 3417.00 2.00 1973 - 2019 BBL/D/1K Monthly
NSA




Country Last Previous
United States 12162.00 Apr/19
Russia 10895.00 Mar/19
Saudi Arabia 9782.00 Jun/19
Canada 3983.00 Mar/19
China 3895.00 Mar/19
Brazil 2560.00 Mar/19
Mexico 1714.00 Mar/19
United Kingdom 1117.00 Mar/19
Indonesia 764.00 Mar/19
India 687.00 Mar/19
Argentina 502.00 Mar/19
Australia 326.00 Mar/19
Italy 82.00 Mar/19
Turkey 54.00 Mar/19
Germany 39.00 Mar/19
Netherlands 21.00 Mar/19
France 15.00 Mar/19
Japan 3.00 Mar/19
South Africa 1.00 Mar/19
Spain 1.00 Mar/19


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