Norway vs Spain: External balance on goods and services

Norway
62.06 billion current US$
in 2025
Spain
72.91 billion current US$
in 2025
Norway rank
12th
Spain rank
10th

External balance on goods and services over time

  • Norway
  • Spain
-100.0B0100.0B200.0B197019972025

How they compare

Spain currently reports 72.91 billion current US$ against 62.06 billion current US$ in Norway, a difference of 10.84 billion current US$.

That makes Spain's figure about 1.2 times Norway's.

The two have swapped places 9 times across 56 shared years of data; in 1970 it was Norway ahead.

Norway ranks 12th and Spain ranks 10th of 193 countries.

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

Head to head by decade

Decade Norway Spain Difference Ahead
1970s -900.99 million current US$ -2.23 billion current US$ 1.33 billion current US$ Norway
1980s 2.21 billion current US$ -4.20 billion current US$ 6.41 billion current US$ Norway
1990s 8.85 billion current US$ -10.22 billion current US$ 19.07 billion current US$ Norway
2000s 44.65 billion current US$ -40.89 billion current US$ 85.54 billion current US$ Norway
2010s 40.80 billion current US$ 32.54 billion current US$ 8.26 billion current US$ Norway
2020s 74.41 billion current US$ 42.26 billion current US$ 32.15 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, Norway or Spain?
Spain, at 72.91 billion current US$ against 62.06 billion current US$ in Norway as of 2025.
What is the difference in external balance on goods and services between Norway and Spain?
10.84 billion current US$, with Spain ahead.
How many years of comparable data are there for Norway and Spain?
56 years are reported by both, from 1970 to 2025.
How do Norway and Spain rank globally for external balance on goods and services?
Norway ranks 12th and Spain ranks 10th of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Spain: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us/norway/spain/

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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
193 places, 9,058 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.