Terms of Trade in Norway increased to 104.04 points in the first quarter of 2022 from 95.46 points in the fourth quarter of 2021. source: Statistics Norway

Terms of Trade in Norway averaged 93.76 points from 1980 until 2022, 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 June 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

Related Last Previous Unit Reference
Balance of Trade 86600.00 92600.00 NOK Million May 2022
Current Account 341055.00 341055.00 NOK Million Mar 2022
Current Account to GDP 2.00 2.80 percent of GDP Dec 2020
Imports 89219.33 72692.47 NOK Million May 2022
Exports 175836.43 165526.99 NOK Million May 2022
External Debt 6462276.00 6389569.00 NOK Million Mar 2022
Terms of Trade 104.04 95.46 points Mar 2022
Capital Flows 320040.00 238212.00 NOK Million Mar 2022
Oil Exports 53431.00 42291.00 NOK Million May 2022
Foreign Direct Investment -30582.00 36743.00 NOK Million Dec 2021

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
104.04 95.46 115.90 75.84 1980 - 2022 points Quarterly
NSA, 2000=100