Norway vs Sub-Saharan Africa (IDA & IBRD countries): External balance on goods and services

Norway
11.7%
in 2025
Sub-Saharan Africa (IDA & IBRD countries)
-0.0%
in 2025
Norway rank
20th
Sub-Saharan Africa (IDA & IBRD countries) rank
21st

External balance on goods and services over time

  • Norway
  • Sub-Saharan Africa (IDA & IBRD countries)
-100102030197019972025

How they compare

Norway currently reports 11.7% against -0.0% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 11.7%.

That makes Norway's figure about 592.1 times Sub-Saharan Africa (IDA & IBRD countries)'s.

The two have swapped places 3 times across 50 shared years of data; in 1976 it was Sub-Saharan Africa (IDA & IBRD countries) ahead.

Norway ranks 20th and Sub-Saharan Africa (IDA & IBRD countries) ranks 21st of 193 countries.

Across the 6 decades both report, Norway averaged higher in 5 and Sub-Saharan Africa (IDA & IBRD countries) in 1.

Head to head by decade

Decade Norway Sub-Saharan Africa (IDA & IBRD countries) Difference Ahead
1970s -3.9% 0.4% 4.3% Sub-Saharan Africa (IDA & IBRD countries)
1980s 3.6% 1.1% 2.5% Norway
1990s 6.3% 0.9% 5.3% Norway
2000s 15.0% 1.1% 13.9% Norway
2010s 8.4% -1.3% 9.8% Norway
2020s 13.6% -0.4% 14.0% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Norway or Sub-Saharan Africa (IDA & IBRD countries)?
Norway, at 11.7% against -0.0% in Sub-Saharan Africa (IDA & IBRD countries) as of 2025.
What is the difference in external balance on goods and services between Norway and Sub-Saharan Africa (IDA & IBRD countries)?
11.7%, with Norway ahead.
How many years of comparable data are there for Norway and Sub-Saharan Africa (IDA & IBRD countries)?
50 years are reported by both, from 1976 to 2025.
How do Norway and Sub-Saharan Africa (IDA & IBRD countries) rank globally for external balance on goods and services?
Norway ranks 20th and Sub-Saharan Africa (IDA & IBRD countries) ranks 21st 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 Sub-Saharan Africa (IDA & IBRD countries): External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/norway/sub-saharan-africa-ida-and-ibrd-countries/

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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.