Norway Current Account to GDP  Forecast


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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 Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 15129 10508 10821 10987 11127 12029
Exports 71273 63507 63222 62896 62560 59698
Imports 56145 53613 53137 52887 52660 50665
Current Account 35817 37953 37877 36995 36662 36740
Current Account to GDP 4.9 6.3 6.4 6.4 6.4 7.2
External Debt 5307950 1805166 383525 -304475 -597434 147089
Terms of Trade 105 106 106 105 105 103
Capital Flows 29843 76724 75742 72691 72141 72698
Crude Oil Production 1614 1646 1649 1652 1654 1676
Terrorism Index 0 1.62 1.56 1.5 1.45 1.32
Weapons Sales 150 158 147 137 127 98.39
Foreign Direct Investment -31842 983 1121 12165 14793 11240