Bermuda vs Norway: Current account balance
Current account balance over time
- Bermuda
- Norway
How they compare
Bermuda currently reports 15.3% against 14.0% in Norway, a difference of 1.3%.
That makes Bermuda's figure about 1.1 times Norway's.
The two have swapped places 3 times across 18 shared years of data; in 2006 it was Bermuda ahead.
Bermuda ranks 12th and Norway ranks 15th of 200 countries.
Across the 3 decades both report, Bermuda averaged higher in 2 and Norway in 1.
Head to head by decade
| Decade | Bermuda | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.0% | 13.8% | 1.3% | Bermuda |
| 2010s | 12.8% | 8.4% | 4.3% | Bermuda |
| 2020s | 13.9% | 15.1% | 1.2% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Bermuda or Norway?
- Bermuda, at 15.3% against 14.0% in Norway as of 2023.
- What is the difference in current account balance between Bermuda and Norway?
- 1.3%, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Norway?
- 18 years are reported by both, from 2006 to 2023.
- How do Bermuda and Norway rank globally for current account balance?
- Bermuda ranks 12th and Norway ranks 15th 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.