Norway vs Papua New Guinea: Current account balance as a share of GDP
Norway
14.8%
in 2024
Papua New Guinea
15.0%
in 2024
Norway rank
11th
Papua New Guinea rank
10th
Current account balance as a share of GDP over time
- Norway
- Papua New Guinea
How they compare
Papua New Guinea currently reports 15.0% against 14.8% in Norway, a difference of 0.2%.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Norway ahead.
Norway ranks 11th and Papua New Guinea ranks 10th of 193 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Norway | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.9% | 4.9% | 9.0% | Norway |
| 2010s | 8.7% | 4.8% | 3.8% | Norway |
| 2020s | 15.4% | 13.1% | 2.3% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a share of gdp, Norway or Papua New Guinea?
- Papua New Guinea, at 15.0% against 14.8% in Norway as of 2024.
- What is the difference in current account balance as a share of gdp between Norway and Papua New Guinea?
- 0.2%, with Papua New Guinea ahead.
- How many years of comparable data are there for Norway and Papua New Guinea?
- 25 years are reported by both, from 2000 to 2024.
- How do Norway and Papua New Guinea rank globally for current account balance as a share of gdp?
- Norway ranks 11th and Papua New Guinea ranks 10th of 193 countries.
- Where does this data come from?
- International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Current account balance as a proportion of GDP (%).