Norway vs Turks and Caicos Islands: Current account balance
Current account balance over time
- Norway
- Turks and Caicos Islands
How they compare
Norway currently reports 14.0% against 13.1% in Turks and Caicos Islands, a difference of 0.9%.
That makes Norway's figure about 1.1 times Turks and Caicos Islands's.
The two have swapped places 2 times across 5 shared years of data; in 2014 it was Turks and Caicos Islands ahead.
Norway ranks 15th and Turks and Caicos Islands ranks 18th of 200 countries.
Turks and Caicos Islands has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher current account balance, Norway or Turks and Caicos Islands?
- Norway, at 14.0% against 13.1% in Turks and Caicos Islands as of 2025.
- What is the difference in current account balance between Norway and Turks and Caicos Islands?
- 0.9%, with Norway ahead.
- How many years of comparable data are there for Norway and Turks and Caicos Islands?
- 5 years are reported by both, from 2014 to 2018.
- How do Norway and Turks and Caicos Islands rank globally for current account balance?
- Norway ranks 15th and Turks and Caicos Islands ranks 18th 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.
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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.