Denmark vs Norway: Current account balance (BoP, current US$)
Current account balance (BoP, current US$) over time
- Denmark
- Norway
How they compare
Norway currently reports 74.80 billion BoP, current US$ against 58.27 billion BoP, current US$ in Denmark, a difference of 16.53 billion BoP, current US$.
That makes Norway's figure about 1.3 times Denmark's.
The two have swapped places 9 times across 51 shared years of data; in 1975 it was Denmark ahead.
Denmark ranks 9th and Norway ranks 7th of 200 countries.
Across the 6 decades both report, Denmark averaged higher in 1 and Norway in 5.
Head to head by decade
| Decade | Denmark | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.74 billion BoP, current US$ | -2.89 billion BoP, current US$ | 1.15 billion BoP, current US$ | Denmark |
| 1980s | -2.23 billion BoP, current US$ | -56.22 million BoP, current US$ | 2.18 billion BoP, current US$ | Norway |
| 1990s | 2.25 billion BoP, current US$ | 5.59 billion BoP, current US$ | 3.34 billion BoP, current US$ | Norway |
| 2000s | 7.10 billion BoP, current US$ | 41.13 billion BoP, current US$ | 34.02 billion BoP, current US$ | Norway |
| 2010s | 23.67 billion BoP, current US$ | 40.30 billion BoP, current US$ | 16.64 billion BoP, current US$ | Norway |
| 2020s | 41.95 billion BoP, current US$ | 81.18 billion BoP, current US$ | 39.23 billion BoP, current US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Denmark or Norway?
- Norway, at 74.80 billion BoP, current US$ against 58.27 billion BoP, current US$ in Denmark as of 2025.
- What is the difference in current account balance between Denmark and Norway?
- 16.53 billion BoP, current US$, with Norway ahead.
- How many years of comparable data are there for Denmark and Norway?
- 51 years are reported by both, from 1975 to 2025.
- How do Denmark and Norway rank globally for current account balance?
- Denmark ranks 9th and Norway ranks 7th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.