Korea vs Norway: Economic Outlook No 116 — Current account balance
Economic Outlook No 116 — Current account balance over time
- Korea
- Norway
How they compare
Korea currently reports 118.68 trillion against 789.10 billion in Norway, a difference of 117.89 trillion.
That makes Korea's figure about 150.4 times Norway's.
The two have swapped places 7 times across 52 shared years of data; in 1975 it was Norway ahead.
Korea ranks 1st and Norway ranks 3rd of 4 groups.
Across the 6 decades both report, Korea averaged higher in 5 and Norway in 1.
Head to head by decade
| Decade | Korea | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -258.34 billion | -15.62 billion | 242.71 billion | Norway |
| 1980s | 241.54 billion | 166.56 million | 241.38 billion | Korea |
| 1990s | 3.31 trillion | 36.70 billion | 3.28 trillion | Korea |
| 2000s | 13.86 trillion | 274.94 billion | 13.58 trillion | Korea |
| 2010s | 75.08 trillion | 261.95 billion | 74.82 trillion | Korea |
| 2020s | 88.31 trillion | 798.42 billion | 87.51 trillion | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 116 — current account balance, Korea or Norway?
- Korea, at 118.68 trillion against 789.10 billion in Norway as of 2026.
- What is the difference in economic outlook no 116 — current account balance between Korea and Norway?
- 117.89 trillion, with Korea ahead.
- How many years of comparable data are there for Korea and Norway?
- 52 years are reported by both, from 1975 to 2026.
- How do Korea and Norway rank globally for economic outlook no 116 — current account balance?
- Korea ranks 1st and Norway ranks 3rd of 4 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 116 — Current account balance. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org