Norway vs Spain: Current account balance
Current account balance over time
- Norway
- Spain
How they compare
Norway currently reports 74.13 billion BoP, current US$ against 56.02 billion BoP, current US$ in Spain, a difference of 18.12 billion BoP, current US$.
That makes Norway's figure about 1.3 times Spain's.
The two have swapped places 8 times across 51 shared years of data; in 1975 it was Norway ahead.
Norway ranks 8th and Spain ranks 10th of 198 countries.
Across the 6 decades both report, Norway averaged higher in 5 and Spain in 1.
Head to head by decade
| Decade | Norway | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -2.89 billion BoP, current US$ | -1.79 billion BoP, current US$ | 1.10 billion BoP, current US$ | Spain |
| 1980s | -56.22 million BoP, current US$ | -2.50 billion BoP, current US$ | 2.44 billion BoP, current US$ | Norway |
| 1990s | 5.59 billion BoP, current US$ | -10.42 billion BoP, current US$ | 16.01 billion BoP, current US$ | Norway |
| 2000s | 41.13 billion BoP, current US$ | -70.68 billion BoP, current US$ | 111.81 billion BoP, current US$ | Norway |
| 2010s | 40.30 billion BoP, current US$ | 12.20 billion BoP, current US$ | 28.11 billion BoP, current US$ | Norway |
| 2020s | 81.07 billion BoP, current US$ | 30.41 billion BoP, current US$ | 50.66 billion BoP, current US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Norway or Spain?
- Norway, at 74.13 billion BoP, current US$ against 56.02 billion BoP, current US$ in Spain as of 2025.
- What is the difference in current account balance between Norway and Spain?
- 18.12 billion BoP, current US$, with Norway ahead.
- How many years of comparable data are there for Norway and Spain?
- 51 years are reported by both, from 1975 to 2025.
- How do Norway and Spain rank globally for current account balance?
- Norway ranks 8th and Spain ranks 10th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.