Norway vs Thailand: External balance on goods and services
External balance on goods and services over time
- Norway
- Thailand
How they compare
Thailand currently reports 736.66 billion current LCU against 645.18 billion current LCU in Norway, a difference of 91.47 billion current LCU.
That makes Thailand's figure about 1.1 times Norway's.
The two have swapped places 13 times across 56 shared years of data; in 1970 it was Norway ahead.
Norway ranks 22nd and Thailand ranks 21st of 192 countries.
Across the 6 decades both report, Norway averaged higher in 4 and Thailand in 2.
Head to head by decade
| Decade | Norway | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -4.94 billion current LCU | -12.49 billion current LCU | 7.55 billion current LCU | Norway |
| 1980s | 15.46 billion current LCU | -27.95 billion current LCU | 43.41 billion current LCU | Norway |
| 1990s | 60.23 billion current LCU | 6.18 billion current LCU | 54.05 billion current LCU | Norway |
| 2000s | 298.00 billion current LCU | 390.87 billion current LCU | 92.87 billion current LCU | Thailand |
| 2010s | 263.22 billion current LCU | 1.03 trillion current LCU | 763.31 billion current LCU | Thailand |
| 2020s | 735.38 billion current LCU | 363.43 billion current LCU | 371.95 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, Norway or Thailand?
- Thailand, at 736.66 billion current LCU against 645.18 billion current LCU in Norway as of 2025.
- What is the difference in external balance on goods and services between Norway and Thailand?
- 91.47 billion current LCU, with Thailand ahead.
- How many years of comparable data are there for Norway and Thailand?
- 56 years are reported by both, from 1970 to 2025.
- How do Norway and Thailand rank globally for external balance on goods and services?
- Norway ranks 22nd and Thailand ranks 21st 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.
Individual pages
About this data
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.