Economic Outlook No 117 — Current account balance in USD, residual in Norway
Norway: Economic Outlook No 117 — Current account balance in USD, residual was -4.22 billion in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance in USD, residual in Norway, 1975–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Norway recorded -4.22 billion for economic outlook no 117 — current account balance in usd, residual in 2026.
The figure is down 1.8% on the previous year and up 0.4% over ten years.
Over the whole period, economic outlook no 117 — current account balance in usd, residual in Norway peaked at 589.63 million in 1989 and was at its lowest, -12.24 billion, in 2021.
That places Norway 35th out of 38 countries with data for 2026, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Current account balance in USD, residual in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -3.59 million | — |
| 1976 | 85.45 million | -2483.6% |
| 1977 | -3.39 million | -104.0% |
| 1978 | -424.29 million | +12428.1% |
| 1979 | 103.08 million | -124.3% |
| 1980 | -201.24 million | -295.2% |
| 1981 | 190.46 million | -194.6% |
| 1982 | 76.67 million | -59.7% |
| 1983 | 173.08 million | +125.8% |
| 1984 | 156.75 million | -9.4% |
| 1985 | 189.61 million | +21.0% |
| 1986 | 238.33 million | +25.7% |
| 1987 | 327.70 million | +37.5% |
| 1988 | 555.94 million | +69.7% |
| 1989 | 589.63 million | +6.1% |
| 1990 | 551.52 million | -6.5% |
| 1991 | 492.29 million | -10.7% |
| 1992 | 159.42 million | -67.6% |
| 1993 | 108.89 million | -31.7% |
| 1994 | 157.72 million | +44.8% |
| 1995 | 178.43 million | +13.1% |
| 1996 | 203.32 million | +14.0% |
| 1997 | 408.66 million | +101.0% |
| 1998 | -28.54 million | -107.0% |
| 1999 | -156.10 million | +447.0% |
| 2000 | -256.46 million | +64.3% |
| 2001 | -48.55 million | -81.1% |
| 2002 | -290.28 million | +497.9% |
| 2003 | -336.25 million | +15.8% |
| 2004 | -705.65 million | +109.9% |
| 2005 | -608.80 million | -13.7% |
| 2006 | -1.09 billion | +78.7% |
| 2007 | -1.81 billion | +66.6% |
| 2008 | -2.79 billion | +53.9% |
| 2009 | -3.11 billion | +11.5% |
| 2010 | -3.37 billion | +8.5% |
| 2011 | -4.04 billion | +19.6% |
| 2012 | -6.50 billion | +61.1% |
| 2013 | -5.99 billion | -8.0% |
| 2014 | -7.84 billion | +31.0% |
| 2015 | -4.31 billion | -45.0% |
| 2016 | -4.23 billion | -1.8% |
| 2017 | -3.65 billion | -13.8% |
| 2018 | -3.21 billion | -11.9% |
| 2019 | -4.05 billion | +26.1% |
| 2020 | -417.50 million | -89.7% |
| 2021 | -12.24 billion | +2830.6% |
| 2022 | -4.77 billion | -61.0% |
| 2023 | -6.24 billion | +30.7% |
| 2024 | -467.33 million | -92.5% |
| 2025 | -4.14 billion | +786.6% |
| 2026 | -4.22 billion | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -48.55 million | -424.29 million | 103.08 million | 5 |
| 1980s | 229.69 million | -201.24 million | 589.63 million | 10 |
| 1990s | 207.56 million | -156.10 million | 551.52 million | 10 |
| 2000s | -1.10 billion | -3.11 billion | -48.55 million | 10 |
| 2010s | -4.72 billion | -7.84 billion | -3.21 billion | 10 |
| 2020s | -4.64 billion | -12.24 billion | -417.50 million | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 6.07 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 4.42 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 418,186 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.71 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4207 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 39,799 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 9.22 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6509 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 117 — current account balance in usd, residual in Norway?
- Economic outlook no 117 — current account balance in usd, residual in Norway was -4.22 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance in usd, residual recorded in Norway?
- The highest recorded value was 589.63 million in 1989.
- What is the lowest economic outlook no 117 — current account balance in usd, residual recorded in Norway?
- The lowest recorded value was -12.24 billion in 2021.
- How does Norway rank for economic outlook no 117 — current account balance in usd, residual?
- Norway ranks 35th out of 38 countries with data for 2026.
- Is economic outlook no 117 — current account balance in usd, residual rising or falling in Norway?
- Over the last ten years it is up 0.4%. 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 117 — Current account balance in USD, residual item. 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