Norway Current Account  1981-2017 | Data | Chart | Calendar | Forecast

Norway's current account surplus increased sharply to NOK 35.82 billion in the three months to June of 2017 from NOK 21.23 billion in the same period a year earlier. The rise was mainly due to a surge in the surplus of the income and current transfers (NOK 43.31 billion from NOK 25.52 billion a year ago) while the deficit of the goods and services widened markedly (NOK 7.49 billion from NOK 4.30 billion). Current Account in Norway averaged 35668.14 NOK Million from 1981 until 2017, reaching an all time high of 122316 NOK Million in the first quarter of 2014 and a record low of -16087 NOK Million in the second quarter of 1986.

Norway Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-03-01 07:00 AM Current Account NOK59.3B NOK19.0B NOK 25.1B
2017-06-07 06:00 AM Current Account NOK77.5B NOK61.6B NOK 49.1B
2017-09-06 06:00 AM Current Account NOK35.8B NOK41.6B NOK 79.6B
2017-12-06 07:00 AM Current Account NOK35.8B NOK 53.8B


Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 12428.00 13810.44 48677.18 -5680.00 NOK Million [+]
Exports 65294.00 60650.42 91186.74 449.00 NOK Million [+]
Imports 52866.55 46839.98 67175.41 696.00 NOK Million [+]
Current Account 35817.00 41621.00 122316.00 -16087.00 NOK Million [+]
Current Account to GDP 4.90 8.70 16.20 -6.10 percent [+]
External Debt 5307950.00 5388325.00 5388325.00 0.00 NOK Million [+]
Terms of Trade 106.98 108.68 115.90 75.84 Index Points [+]
Capital Flows 29843.00 127397.00 186517.00 -61109.00 NOK Million [+]
Gold Reserves 36.70 36.73 36.83 36.70 Tonnes [+]
Crude Oil Production 1651.00 1730.00 3417.00 2.00 BBL/D/1K [+]
Foreign Direct Investment -31842.00 -197185.00 118173.00 -197185.00 NOK Million [+]
Terrorism Index 2.08 2.74 4.71 0.00 [+]
Weapons Sales 150.00 240.00 278.00 1.00 USD Million [+]

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



Norway Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Norway Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Current Account - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
35817.00 41621.00 122316.00 -16087.00 1981 - 2017 NOK Million Quarterly
Current Prices, NSA




current account by Country

Last
Australia -9562.00 Jun/17
Brazil -3403.80 Jul/17
Canada -16319.00 Jun/17
China 529.00 Jun/17
Euro Area 32.50 Jul/17
France -4199.00 Jul/17
Germany 19400.00 Jul/17
India -14300.00 Jun/17
Indonesia -4962.50 Jun/17
Italy 8625.00 Jul/17
Japan 2320.00 Jul/17
Mexico -321.10 Jun/17
Netherlands 15416.30 Jun/17
Russia -300.00 Jun/17
South Korea 7261.30 Jul/17
Spain 1411.00 Jun/17
Switzerland 18748.00 Jun/17
Turkey -5121.00 Jul/17
United Kingdom -16895.00 Mar/17
United States -123137.00 Jun/17