Terms of Trade in Norway increased to 95.46 points in the fourth quarter of 2021 from 91.63 points in the third quarter of 2021. source: Statistics Norway

Terms of Trade in Norway averaged 93.70 points from 1980 until 2021, reaching an all time high of 115.90 points in the second quarter of 2006 and a record low of 75.84 points in the first quarter of 1983. This page provides - Norway Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Terms of Trade - values, historical data and charts - was last updated on January of 2022.

Terms of Trade in Norway is expected to be 109.05 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Terms of Trade is projected to trend around 109.05 points in 2023, according to our econometric models.

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Norway Terms of Trade

Norway Terms of Trade
In Norway, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods.
Actual Previous Highest Lowest Dates Unit Frequency
95.46 91.63 115.90 75.84 1980 - 2021 points Quarterly
NSA, 2000=100

Related Last Previous Unit Reference
Balance of Trade 105954.00 77566.00 NOK Million Dec/21
Current Account 148337.00 104409.00 NOK Million Sep/21
Current Account to GDP 2.00 2.80 percent of GDP Dec/20
Imports 75814.00 80483.00 NOK Million Dec/21
Exports 181767.00 158049.00 NOK Million Dec/21
External Debt 6265186.00 6116277.00 NOK Million Sep/21
Terms of Trade 95.46 91.63 points Dec/21
Capital Flows 106822.00 11235.00 NOK Million Sep/21
Oil Exports 34912.00 34649.00 NOK Million Dec/21
Foreign Direct Investment 52736.00 25899.00 NOK Million Jun/21