Italy vs Norway: External balance on goods and services
External balance on goods and services over time
- Italy
- Norway
How they compare
Norway currently reports 62.06 billion current US$ against 49.27 billion current US$ in Italy, a difference of 12.80 billion current US$.
That makes Norway's figure about 1.3 times Italy's.
The two have swapped places 9 times across 56 shared years of data; in 1970 it was Italy ahead.
Italy ranks 14th and Norway ranks 12th of 192 countries.
Across the 6 decades both report, Italy averaged higher in 2 and Norway in 4.
Head to head by decade
| Decade | Italy | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 250.31 million current US$ | -900.99 million current US$ | 1.15 billion current US$ | Italy |
| 1980s | -1.64 billion current US$ | 2.21 billion current US$ | 3.85 billion current US$ | Norway |
| 1990s | 28.32 billion current US$ | 8.85 billion current US$ | 19.47 billion current US$ | Italy |
| 2000s | -394.86 million current US$ | 44.65 billion current US$ | 45.04 billion current US$ | Norway |
| 2010s | 34.28 billion current US$ | 40.80 billion current US$ | 6.52 billion current US$ | Norway |
| 2020s | 34.68 billion current US$ | 74.41 billion current US$ | 39.73 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, Italy or Norway?
- Norway, at 62.06 billion current US$ against 49.27 billion current US$ in Italy as of 2025.
- What is the difference in external balance on goods and services between Italy and Norway?
- 12.80 billion current US$, with Norway ahead.
- How many years of comparable data are there for Italy and Norway?
- 56 years are reported by both, from 1970 to 2025.
- How do Italy and Norway rank globally for external balance on goods and services?
- Italy ranks 14th and Norway ranks 12th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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 indicator is expressed in United States dollars.