Norway vs OECD members: External balance on goods and services

Norway
11.7%
in 2025
OECD members
-0.1%
in 2025
Norway rank
20th
OECD members rank
23rd

External balance on goods and services over time

  • Norway
  • OECD members
-100102030197019972025

How they compare

Norway currently reports 11.7% against -0.1% in OECD members, a difference of 11.8%.

That makes Norway's figure about 154.7 times OECD members's.

The two have swapped places 7 times across 56 shared years of data; in 1970 it was OECD members ahead.

Norway ranks 20th and OECD members ranks 23rd of 193 countries.

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

Head to head by decade

Decade Norway OECD members Difference Ahead
1970s -2.8% -0.3% 2.4% OECD members
1980s 3.6% -0.5% 4.1% Norway
1990s 6.3% 0.2% 6.0% Norway
2000s 15.0% -0.8% 15.8% Norway
2010s 8.4% -0.0% 8.5% Norway
2020s 13.6% -0.1% 13.6% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Norway or OECD members?
Norway, at 11.7% against -0.1% in OECD members as of 2025.
What is the difference in external balance on goods and services between Norway and OECD members?
11.8%, with Norway ahead.
How many years of comparable data are there for Norway and OECD members?
56 years are reported by both, from 1970 to 2025.
How do Norway and OECD members rank globally for external balance on goods and services?
Norway ranks 20th and OECD members ranks 23rd 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.

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Norway vs OECD members: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/norway/oecd-members/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 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 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.