Denmark vs Norway: External balance on goods and services as a percent of GDP

Denmark
11.0%
in 2025
Norway
11.7%
in 2025
Denmark rank
23rd
Norway rank
20th

External balance on goods and services as a percent of GDP over time

  • Denmark
  • Norway
-100102030196619952025

How they compare

Norway currently reports 11.7% against 11.0% in Denmark, a difference of 0.7%.

That makes Norway's figure about 1.1 times Denmark's.

The two have swapped places 14 times across 56 shared years of data; in 1970 it was Norway ahead.

Denmark ranks 23rd and Norway ranks 20th of 191 countries.

Across the 6 decades both report, Denmark averaged higher in 1 and Norway in 5.

Head to head by decade

Decade Denmark Norway Difference Ahead
1970s -2.4% -2.8% 0.4% Denmark
1980s 1.6% 3.6% 2.0% Norway
1990s 5.6% 6.3% 0.7% Norway
2000s 5.3% 15.0% 9.7% Norway
2010s 6.2% 8.4% 2.3% Norway
2020s 8.6% 13.6% 5.0% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Denmark or Norway?
Norway, at 11.7% against 11.0% in Denmark as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Denmark and Norway?
0.7%, with Norway ahead.
How many years of comparable data are there for Denmark and Norway?
56 years are reported by both, from 1970 to 2025.
How do Denmark and Norway rank globally for external balance on goods and services as a percent of gdp?
Denmark ranks 23rd and Norway ranks 20th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Norway: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/denmark/norway/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.