Terms of Trade in Norway decreased to 105.38 Index Points in the fourth quarter of 2018 from 108.23 Index Points in the third quarter of 2018. Terms of Trade in Norway averaged 94.06 Index Points from 1980 until 2018, reaching an all time high of 115.90 Index Points in the second quarter of 2006 and a record low of 75.84 Index Points in the first quarter of 1983.
Terms of Trade in Norway is expected to be 108.78 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in Norway to stand at 108.87 in 12 months time. In the long-term, the Norway Terms of Trade is projected to trend around 109.05 Index Points in 2020, according to our econometric models.