Norway's current account jumped sharply to NOK 276.80 billion in Q2 of 2022 from NOK 105.94 billion in the same period the prior year, with the surplus of goods and services account jumping to NOK 240.89 billion from NOK 62.18 billion amid high prices of crude and natural gas. Meanwhile, the income and current transfers surplus narrowed to NOK 42.74 billion from NOK 50.10 billion a year ago. source: Statistics Norway
Current Account in Norway averaged 41999.71 NOK Million from 1981 until 2022, reaching an all time high of 335160 NOK Million in the first quarter of 2022 and a record low of -16087 NOK Million in the second quarter of 1986. This page provides - Norway Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Current Account - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Current Account in Norway is expected to be 42300.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Current Account is projected to trend around 29300.00 NOK Million in 2023 and 30300.00 NOK Million in 2024, according to our econometric models.