Norway vs Other major oil producers: Economic Outlook No 116 — Current account balance
Economic Outlook No 116 — Current account balance over time
- Norway
- Other major oil producers
How they compare
Norway currently reports 789.10 billion against 89.86 billion in Other major oil producers, a difference of 699.24 billion.
That makes Norway's figure about 8.8 times Other major oil producers's.
The two have swapped places 5 times across 47 shared years of data; in 1980 it was Other major oil producers ahead.
Norway ranks 3rd and Other major oil producers ranks 3rd of 36 countries.
Across the 5 decades both report, Norway averaged higher in 4 and Other major oil producers in 1.
Head to head by decade
| Decade | Norway | Other major oil producers | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 166.56 million | 21.09 billion | 20.93 billion | Other major oil producers |
| 1990s | 36.70 billion | 2.42 billion | 34.28 billion | Norway |
| 2000s | 274.94 billion | 139.85 billion | 135.09 billion | Norway |
| 2010s | 261.95 billion | 135.27 billion | 126.67 billion | Norway |
| 2020s | 798.42 billion | 132.50 billion | 665.92 billion | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 116 — current account balance, Norway or Other major oil producers?
- Norway, at 789.10 billion against 89.86 billion in Other major oil producers as of 2026.
- What is the difference in economic outlook no 116 — current account balance between Norway and Other major oil producers?
- 699.24 billion, with Norway ahead.
- How many years of comparable data are there for Norway and Other major oil producers?
- 47 years are reported by both, from 1980 to 2026.
- How do Norway and Other major oil producers rank globally for economic outlook no 116 — current account balance?
- Norway ranks 3rd and Other major oil producers ranks 3rd of 36 countries.
- 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