Indonesia vs Norway: External balance on goods and services

Indonesia
33.28 billion current US$
in 2025
Norway
62.06 billion current US$
in 2025
Indonesia rank
15th
Norway rank
12th

External balance on goods and services over time

  • Indonesia
  • Norway
050.0B100.0B150.0B196719962025

How they compare

Norway currently reports 62.06 billion current US$ against 33.28 billion current US$ in Indonesia, a difference of 28.78 billion current US$.

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

The two have swapped places 10 times across 56 shared years of data; in 1970 it was Norway ahead.

Indonesia ranks 15th and Norway ranks 12th of 192 countries.

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

Head to head by decade

Decade Indonesia Norway Difference Ahead
1970s 739.65 million current US$ -900.99 million current US$ 1.64 billion current US$ Indonesia
1980s 1.66 billion current US$ 2.21 billion current US$ 553.65 million current US$ Norway
1990s 3.08 billion current US$ 8.85 billion current US$ 5.77 billion current US$ Norway
2000s 14.18 billion current US$ 44.65 billion current US$ 30.47 billion current US$ Norway
2010s 2.33 billion current US$ 40.80 billion current US$ 38.47 billion current US$ Norway
2020s 30.65 billion current US$ 74.41 billion current US$ 43.76 billion current US$ Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Indonesia or Norway?
Norway, at 62.06 billion current US$ against 33.28 billion current US$ in Indonesia as of 2025.
What is the difference in external balance on goods and services between Indonesia and Norway?
28.78 billion current US$, with Norway ahead.
How many years of comparable data are there for Indonesia and Norway?
56 years are reported by both, from 1970 to 2025.
How do Indonesia and Norway rank globally for external balance on goods and services?
Indonesia ranks 15th and Norway ranks 12th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Indonesia vs Norway: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 25 August 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us/indonesia/norway/

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About this data

Indicator
External balance on goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,040 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 indicator is expressed in United States dollars.