Denmark vs Norway: External balance on goods and services

Denmark
337.27 billion current LCU
in 2025
Norway
645.18 billion current LCU
in 2025
Denmark rank
25th
Norway rank
22nd

External balance on goods and services over time

  • Denmark
  • Norway
0500.0B1.0T1.5T196619952025

How they compare

Norway currently reports 645.18 billion current LCU against 337.27 billion current LCU in Denmark, a difference of 307.92 billion current LCU.

That makes Norway's figure about 1.9 times Denmark's.

The two have swapped places 12 times across 56 shared years of data; in 1970 it was Norway ahead.

Denmark ranks 25th and Norway ranks 22nd of 192 countries.

Norway has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Denmark Norway Difference Ahead
1970s -5.90 billion current LCU -4.94 billion current LCU 957.13 million current LCU Norway
1980s 10.88 billion current LCU 15.46 billion current LCU 4.58 billion current LCU Norway
1990s 56.67 billion current LCU 60.23 billion current LCU 3.56 billion current LCU Norway
2000s 80.81 billion current LCU 298.00 billion current LCU 217.19 billion current LCU Norway
2010s 124.97 billion current LCU 263.22 billion current LCU 138.25 billion current LCU Norway
2020s 240.69 billion current LCU 735.38 billion current LCU 494.69 billion current LCU Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Denmark or Norway?
Norway, at 645.18 billion current LCU against 337.27 billion current LCU in Denmark as of 2025.
What is the difference in external balance on goods and services between Denmark and Norway?
307.92 billion current LCU, 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?
Denmark ranks 25th and Norway ranks 22nd of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). 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. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 23 August 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-lcu/denmark/norway/

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.