Economic Outlook No 116 — Current account balance in Norway
Norway: Economic Outlook No 116 — Current account balance was 789.10 billion in 2026. ◆ Volatile
Economic Outlook No 116 — Current account balance in Norway, 1975–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 116 — current account balance in Norway is 789.10 billion, measured in 2026.
The figure is up 0.5% on the previous year and up 530.4% over ten years.
Over the whole period, economic outlook no 116 — current account balance in Norway peaked at 1.73 trillion in 2022 and was at its lowest, -34.59 billion, in 1986.
Norway ranks 3rd of 36 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 116 — Current account balance in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -12.99 billion | — |
| 1976 | -20.84 billion | +60.5% |
| 1977 | -27.53 billion | +32.1% |
| 1978 | -11.34 billion | -58.8% |
| 1979 | -5.42 billion | -52.2% |
| 1980 | 5.48 billion | -201.1% |
| 1981 | 12.47 billion | +127.7% |
| 1982 | 3.46 billion | -72.3% |
| 1983 | 17.89 billion | +417.4% |
| 1984 | 26.71 billion | +49.4% |
| 1985 | 26.25 billion | -1.7% |
| 1986 | -34.59 billion | -231.8% |
| 1987 | -29.19 billion | -15.6% |
| 1988 | -26.17 billion | -10.4% |
| 1989 | -631.11 million | -97.6% |
| 1990 | 18.15 billion | -2976.5% |
| 1991 | 28.34 billion | +56.1% |
| 1992 | 27.27 billion | -3.8% |
| 1993 | 24.87 billion | -8.8% |
| 1994 | 26.80 billion | +7.8% |
| 1995 | 34.12 billion | +27.3% |
| 1996 | 71.05 billion | +108.2% |
| 1997 | 70.56 billion | -0.7% |
| 1998 | -3.43 billion | -104.9% |
| 1999 | 69.26 billion | -2116.6% |
| 2000 | 222.58 billion | +221.4% |
| 2001 | 248.48 billion | +11.6% |
| 2002 | 192.93 billion | -22.4% |
| 2003 | 195.30 billion | +1.2% |
| 2004 | 221.23 billion | +13.3% |
| 2005 | 329.10 billion | +48.8% |
| 2006 | 364.45 billion | +10.7% |
| 2007 | 294.41 billion | -19.2% |
| 2008 | 414.47 billion | +40.8% |
| 2009 | 266.40 billion | -35.7% |
| 2010 | 283.42 billion | +6.4% |
| 2011 | 352.92 billion | +24.5% |
| 2012 | 376.39 billion | +6.7% |
| 2013 | 317.40 billion | -15.7% |
| 2014 | 350.81 billion | +10.5% |
| 2015 | 250.84 billion | -28.5% |
| 2016 | 125.18 billion | -50.1% |
| 2017 | 180.53 billion | +44.2% |
| 2018 | 283.38 billion | +57.0% |
| 2019 | 98.58 billion | -65.2% |
| 2020 | 37.12 billion | -62.3% |
| 2021 | 572.81 billion | +1443.3% |
| 2022 | 1.73 trillion | +201.7% |
| 2023 | 881.32 billion | -49.0% |
| 2024 | 794.93 billion | -9.8% |
| 2025 | 785.20 billion | -1.2% |
| 2026 | 789.10 billion | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -15.62 billion | -27.53 billion | -5.42 billion | 5 |
| 1980s | 166.56 million | -34.59 billion | 26.71 billion | 10 |
| 1990s | 36.70 billion | -3.43 billion | 71.05 billion | 10 |
| 2000s | 274.94 billion | 192.93 billion | 414.47 billion | 10 |
| 2010s | 261.95 billion | 98.58 billion | 376.39 billion | 10 |
| 2020s | 798.42 billion | 37.12 billion | 1.73 trillion | 7 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- GDP (current US$), annual growth rate 5.96 % change on previous year (2025)
- GDP (current US$), per capita 94,594 current US$ per person (2025)
- GDP (current LCU), annual growth rate 2.51 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 10.4 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 983,386 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.886 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 83,813 constant 2015 US$ per person (2025)
Frequently asked questions
- What is economic outlook no 116 — current account balance in Norway?
- Economic outlook no 116 — current account balance in Norway was 789.10 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 116 — current account balance recorded in Norway?
- The highest recorded value was 1.73 trillion in 2022.
- What is the lowest economic outlook no 116 — current account balance recorded in Norway?
- The lowest recorded value was -34.59 billion in 1986.
- How does Norway rank for economic outlook no 116 — current account balance?
- Norway ranks 3rd out of 36 countries with data for 2026.
- Is economic outlook no 116 — current account balance rising or falling in Norway?
- Over the last ten years it is up 530.4%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 116 — Current account balance. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org