Norway recorded a Current Account surplus of 14.20 percent of the country's Gross Domestic Product in 2025. Current Account to GDP in Norway averaged 7.85 percent of GDP from 1980 until 2025, reaching an all time high of 27.80 percent of GDP in 2022 and a record low of -6.10 percent of GDP in 1986. source: Statistics Norway

Current Account to GDP in Norway is expected to reach 10.10 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Current Account to GDP is projected to trend around 10.00 percent of GDP in 2027 and 9.90 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 42912.00 41261.00 NOK Million Dec 2025
Capital Flows 168176.00 279084.00 NOK Million Sep 2025
Current Account 174541.00 179255.00 NOK Million Sep 2025
Current Account to GDP 14.20 15.30 percent of GDP Dec 2025
Exports 138733.00 139733.00 NOK Million Dec 2025
External Debt 8078058.00 8012916.00 NOK Million Sep 2025
Foreign Direct Investment 11098.00 10085.00 NOK Million Sep 2025
Imports 95821.00 98472.00 NOK Million Dec 2025
Oil Exports 34809.00 33935.00 NOK Million Dec 2025
Terms of Trade 124.35 130.84 points Dec 2025


Norway Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
14.20 15.30 27.80 -6.10 1980 - 2025 percent of GDP Yearly