In 2021, current account balance as a share of GDP for Norway was 15 %. Though Norway current account balance as a share of GDP fluctuated substantially in recent years, it tended to decrease through 2002 - 2021 period ending at 15 % in 2021.
The description is composed by our digital data assistant.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.
| Date | Value | Change, % |
|---|---|---|
| 2021 | 15.0 | 1,242.64% |
| 2020 | 1.1 | -61.55% |
| 2019 | 2.9 | -63.57% |
| 2018 | 8.0 | 45.23% |
| 2017 | 5.5 | 22.97% |
| 2016 | 4.5 | -44.57% |
| 2015 | 8.0 | -25.92% |
| 2014 | 10.8 | 5.12% |
| 2013 | 10.3 | -18.13% |
| 2012 | 12.6 | 1.83% |
| 2011 | 12.4 | 14.14% |
| 2010 | 10.8 |