Norway Current Account to GDP  Forecast


Current Account to GDP in Norway is expected to be 6.30 percent by the end of this quarter, 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 7.20 percent in 2020, according to our econometric models.


Norway Current Account to GDP
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Norway Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 12428 10366 12478 12516 12422 12388
Exports 65294 62511 62815 63282 63260 63198
Imports 52867 52863 54269 52949 54028 54151
Current Account 35817 34157 37953 37877 36995 36740
Current Account to GDP 4.9 6.3 6.3 6.4 6.4 7.2
External Debt 5307950 3333625 1805166 383525 -304475 147089
Terms of Trade 107 109 108 109 109 109
Capital Flows 29843 62064 76724 75742 72691 72698
Gold Reserves 36.7 36.76 36.76 36.76 36.76 36.76
Crude Oil Production 1651 1696 1699 1702 1704 1724
Foreign Direct Investment -31842 41438 -13179 -42907 -22943 -7862
Terrorism Index 2.08 1.73 1.62 1.56 1.5 1.32
Weapons Sales 150 186 181 173 165 159