Economic Outlook No 117 — Current account balance as a percentage of in Norway
Norway: Economic Outlook No 117 — Current account balance as a percentage of was 12.52 in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance as a percentage of in Norway, 1975–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 117 — current account balance as a percentage of in Norway is 12.52, measured in 2026.
The figure is down 14.3% on the previous year and up 211.7% over ten years.
Over the whole period, economic outlook no 117 — current account balance as a percentage of in Norway peaked at 29.05 in 2022 and was at its lowest, -12.22, in 1977.
That places Norway 3rd out of 39 countries with data for 2026, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Current account balance as a percentage of in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -7.37 | — |
| 1976 | -10.39 | +41.1% |
| 1977 | -12.22 | +17.6% |
| 1978 | -4.71 | -61.4% |
| 1979 | -2.16 | -54.1% |
| 1980 | 1.49 | -168.6% |
| 1981 | 3.42 | +130.0% |
| 1982 | 0.8557 | -75.0% |
| 1983 | 3.98 | +365.0% |
| 1984 | 5.27 | +32.6% |
| 1985 | 4.67 | -11.5% |
| 1986 | -5.95 | -227.4% |
| 1987 | -4.6 | -22.6% |
| 1988 | -3.94 | -14.3% |
| 1989 | -0.0889 | -97.7% |
| 1990 | 2.42 | -2822.4% |
| 1991 | 3.59 | +48.2% |
| 1992 | 3.35 | -6.5% |
| 1993 | 2.91 | -13.3% |
| 1994 | 2.99 | +2.7% |
| 1995 | 3.54 | +18.6% |
| 1996 | 6.74 | +90.2% |
| 1997 | 6.18 | -8.2% |
| 1998 | -0.2953 | -104.8% |
| 1999 | 5.47 | -1952.1% |
| 2000 | 14.75 | +169.7% |
| 2001 | 15.86 | +7.5% |
| 2002 | 12.33 | -22.2% |
| 2003 | 12.02 | -2.5% |
| 2004 | 12.37 | +2.9% |
| 2005 | 16.48 | +33.2% |
| 2006 | 16.38 | -0.6% |
| 2007 | 12.48 | -23.9% |
| 2008 | 15.81 | +26.7% |
| 2009 | 10.92 | -30.9% |
| 2010 | 10.88 | -0.4% |
| 2011 | 12.56 | +15.5% |
| 2012 | 12.62 | +0.5% |
| 2013 | 10.27 | -18.6% |
| 2014 | 11.1 | +8.0% |
| 2015 | 8.02 | -27.8% |
| 2016 | 4.02 | -49.9% |
| 2017 | 5.44 | +35.4% |
| 2018 | 7.93 | +45.8% |
| 2019 | 2.75 | -65.4% |
| 2020 | 1.07 | -61.2% |
| 2021 | 13.2 | +1137.9% |
| 2022 | 29.05 | +120.0% |
| 2023 | 16.56 | -43.0% |
| 2024 | 16.93 | +2.3% |
| 2025 | 14.6 | -13.8% |
| 2026 | 12.52 | -14.3% |
Norway compared with similar countries
- Norway's 12.52 is above the median for high income countries, which is 0.4993, 25.1× the median. (29 countries reporting)
- Norway's 12.52 is above the median for Europe & Central Asia, which is 1.14, 11.0× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Economic Outlook No 117 — Current account balance as a percentage of in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +2822.4% | -0.0889 | 2.42 |
| 1999 | +1952.1% | -0.2953 | 5.47 |
| 2021 | +1137.9% | 1.07 | 13.2 |
| 1983 | +365.0% | 0.8557 | 3.98 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -7.37 | -12.22 | -2.16 | 5 |
| 1980s | 0.5105 | -5.95 | 5.27 | 10 |
| 1990s | 3.69 | -0.2953 | 6.74 | 10 |
| 2000s | 13.94 | 10.92 | 16.48 | 10 |
| 2010s | 8.56 | 2.75 | 12.62 | 10 |
| 2020s | 14.84 | 1.07 | 29.05 | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is economic outlook no 117 — current account balance as a percentage of in Norway?
- Economic outlook no 117 — current account balance as a percentage of in Norway was 12.52 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance as a percentage of recorded in Norway?
- The highest recorded value was 29.05 in 2022.
- What is the lowest economic outlook no 117 — current account balance as a percentage of recorded in Norway?
- The lowest recorded value was -12.22 in 1977.
- How does Norway rank for economic outlook no 117 — current account balance as a percentage of?
- Norway ranks 3rd out of 39 countries with data for 2026.
- Is economic outlook no 117 — current account balance as a percentage of rising or falling in Norway?
- Over the last ten years it is up 211.7%. 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 117 — Current account balance as a percentage of GDP. 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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP