Norway Current Account  1981-2018 | Data | Chart | Calendar | Forecast

Norway's current account surplus increased to NOK 61.0 billion in the first quarter of 2018 from NOK 57.6 billion in the same period a year earlier. It was the largest current account surplus since the second quarter of 2015, largely due to persistent high prices of oil and natural gas and stable net investment income from abroad. The goods and services surplus rose to NOK 36.5 billion from NOK 33.8 billion a year ago and the income and current transfers surplus widened to NOK 24.5 billion from NOK 23.8 billion. Current Account in Norway averaged 35789.51 NOK Million from 1981 until 2018, reaching an all time high of 122200 NOK Million in the first quarter of 2012 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
2017-12-06 07:00 AM Current Account NOK17.7B NOK55.0B NOK 53.8B
2018-03-07 07:00 AM Current Account NOK35.03B NOK21.2B NOK 55.1B
2018-06-06 06:00 AM Current Account NOK61B NOK40.2B NOK 59.1B
2018-09-05 06:00 AM Current Account NOK61B NOK 55.2B
2018-12-05 07:00 AM Current Account NOK 44.8B


Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 25348.00 21489.00 48677.18 -6100.20 NOK Million [+]
Exports 79286.00 80817.00 91186.74 449.00 NOK Million [+]
Imports 53938.00 59328.00 84950.76 696.00 NOK Million [+]
Current Account 60999.00 40165.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 5.10 3.80 16.20 -6.10 percent [+]
External Debt 5204408.00 5319100.00 5585278.00 0.00 NOK Million [+]
Terms of Trade 108.40 105.87 115.90 75.84 Index Points [+]
Capital Flows 131480.00 43653.00 189108.00 -61109.00 NOK Million [+]
Crude Oil Production 1544.00 1549.00 3417.00 2.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 4.71 0.00 [+]
Weapons Sales 134.00 150.00 278.00 1.00 USD Million [+]
Foreign Direct Investment -72893.00 -25975.00 118173.00 -219889.00 NOK 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
60999.00 40165.00 122200.00 -16087.00 1981 - 2018 NOK Million Quarterly
Current Prices, NSA




current account by Country
Country Last
Australia -10469.00 Mar/18
Brazil 435.00 Jun/18
Canada -19496.00 Mar/18
China 58.00 Jun/18
Euro Area 28.50 Jun/18
France -2333.00 Jun/18
Germany 26200.00 Jun/18
India -13000.00 Mar/18
Indonesia -8028.00 Jun/18
Italy 5135.00 Jun/18
Japan 1175.60 Jun/18
Mexico -6940.80 Mar/18
Netherlands 21821.00 Mar/18
Russia 22300.00 Jun/18
South Korea 7380.00 Jun/18
Spain 2437.00 May/18
Switzerland 18134.28 Mar/18
Turkey -2973.00 Jun/18
United Kingdom -17720.00 Mar/18
United States -124105.00 Mar/18


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