Denmark vs Norway: External balance on goods and services
External balance on goods and services over time
- Denmark
- Norway
How they compare
Norway currently reports 11.7% against 11.0% in Denmark, a difference of 0.7%.
That makes Norway's figure about 1.1 times Denmark's.
The two have swapped places 14 times across 56 shared years of data; in 1970 it was Norway ahead.
Denmark ranks 23rd and Norway ranks 20th of 193 countries.
Across the 6 decades both report, Denmark averaged higher in 1 and Norway in 5.
Head to head by decade
| Decade | Denmark | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -2.4% | -2.8% | 0.4% | Denmark |
| 1980s | 1.6% | 3.6% | 2.0% | Norway |
| 1990s | 5.6% | 6.3% | 0.7% | Norway |
| 2000s | 5.3% | 15.0% | 9.7% | Norway |
| 2010s | 6.2% | 8.4% | 2.3% | Norway |
| 2020s | 8.6% | 13.6% | 5.0% | 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 11.7% against 11.0% in Denmark as of 2025.
- What is the difference in external balance on goods and services between Denmark and Norway?
- 0.7%, 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 23rd and Norway ranks 20th 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.