Low & middle income vs Norway: External balance on goods and services
External balance on goods and services over time
- Low & middle income
- Norway
How they compare
Norway currently reports 11.7% against 0.9% in Low & middle income, a difference of 10.8%.
That makes Norway's figure about 12.8 times Low & middle income's.
The two have swapped places 8 times across 56 shared years of data; in 1970 it was Norway ahead.
Low & middle income ranks 19th and Norway ranks 20th of 44 groups.
Across the 6 decades both report, Low & middle income averaged higher in 1 and Norway in 5.
Head to head by decade
| Decade | Low & middle income | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.2% | -2.8% | 1.5% | Low & middle income |
| 1980s | -1.8% | 3.6% | 5.4% | Norway |
| 1990s | -1.2% | 6.3% | 7.4% | Norway |
| 2000s | 1.3% | 15.0% | 13.7% | Norway |
| 2010s | -0.1% | 8.4% | 8.6% | Norway |
| 2020s | 0.4% | 13.6% | 13.1% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Low & middle income or Norway?
- Norway, at 11.7% against 0.9% in Low & middle income as of 2025.
- What is the difference in external balance on goods and services between Low & middle income and Norway?
- 10.8%, with Norway ahead.
- How many years of comparable data are there for Low & middle income and Norway?
- 56 years are reported by both, from 1970 to 2025.
- How do Low & middle income and Norway rank globally for external balance on goods and services?
- Low & middle income ranks 19th and Norway ranks 20th of 44 groups.
- 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.