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Norway - Current account balance

22.0 (billion US dollars) in 2017

Current account balance of Norway shot up by 56.20% from 14.1 billion US dollars in 2016 to 22.0 billion US dollars in 2017. Since the 41.80% slump in 2015, current account balance plummeted by 28.00% in 2017.

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What is current account balance?

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

What is Norway current account balance?

Date Value Change, %
2017 22.0 56.20%
2016 14.1 -53.91%
2015 30.6 -41.80%
2014 52.5 -2.22%
2013 53.7 -15.72%
2012 63.7 3.25%
2011 61.7 31.39%
2010 47.0 13.22%
2009 41.5 -42.69%
2008 72.4 47.63%
2007 49.0 -12.09%
2006 55.8

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