Economic Outlook No 117 — Current account balance in USD in Norway
Norway: Economic Outlook No 117 — Current account balance in USD was 65.31 billion in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance in USD in Norway, 1975–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Norway recorded 65.31 billion for economic outlook no 117 — current account balance in usd in 2026.
The figure is down 10.6% on the previous year and up 338.1% over ten years.
Over the whole period, economic outlook no 117 — current account balance in usd in Norway peaked at 172.62 billion in 2022 and was at its lowest, -5.10 billion, in 1977.
That places Norway 6th out of 39 countries with data for 2026, putting it in the top 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 in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -2.49 billion | — |
| 1976 | -3.76 billion | +51.1% |
| 1977 | -5.10 billion | +35.6% |
| 1978 | -2.19 billion | -57.0% |
| 1979 | -1.15 billion | -47.7% |
| 1980 | 953.70 million | -183.1% |
| 1981 | 2.18 billion | +128.7% |
| 1982 | 551.36 million | -74.7% |
| 1983 | 2.42 billion | +339.5% |
| 1984 | 3.28 billion | +35.4% |
| 1985 | 3.04 billion | -7.3% |
| 1986 | -4.68 billion | -253.9% |
| 1987 | -4.34 billion | -7.2% |
| 1988 | -4.02 billion | -7.5% |
| 1989 | -91.98 million | -97.7% |
| 1990 | 3.07 billion | -3438.1% |
| 1991 | 4.36 billion | +41.9% |
| 1992 | 4.44 billion | +1.9% |
| 1993 | 3.55 billion | -20.0% |
| 1994 | 3.82 billion | +7.6% |
| 1995 | 5.38 billion | +40.8% |
| 1996 | 11.01 billion | +104.4% |
| 1997 | 10.06 billion | -8.6% |
| 1998 | -453.73 million | -104.5% |
| 1999 | 8.82 billion | -2044.5% |
| 2000 | 25.12 billion | +184.7% |
| 2001 | 27.64 billion | +10.0% |
| 2002 | 24.25 billion | -12.3% |
| 2003 | 27.61 billion | +13.9% |
| 2004 | 32.89 billion | +19.1% |
| 2005 | 50.99 billion | +55.1% |
| 2006 | 56.98 billion | +11.7% |
| 2007 | 50.72 billion | -11.0% |
| 2008 | 74.47 billion | +46.8% |
| 2009 | 43.05 billion | -42.2% |
| 2010 | 47.04 billion | +9.3% |
| 2011 | 63.09 billion | +34.1% |
| 2012 | 64.79 billion | +2.7% |
| 2013 | 53.98 billion | -16.7% |
| 2014 | 55.82 billion | +3.4% |
| 2015 | 31.30 billion | -43.9% |
| 2016 | 14.91 billion | -52.4% |
| 2017 | 21.76 billion | +45.9% |
| 2018 | 34.87 billion | +60.3% |
| 2019 | 11.28 billion | -67.6% |
| 2020 | 4.15 billion | -63.2% |
| 2021 | 66.05 billion | +1492.0% |
| 2022 | 172.62 billion | +161.3% |
| 2023 | 80.11 billion | -53.6% |
| 2024 | 81.90 billion | +2.2% |
| 2025 | 73.04 billion | -10.8% |
| 2026 | 65.31 billion | -10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.94 billion | -5.10 billion | -1.15 billion | 5 |
| 1980s | -69.75 million | -4.68 billion | 3.28 billion | 10 |
| 1990s | 5.41 billion | -453.73 million | 11.01 billion | 10 |
| 2000s | 41.37 billion | 24.25 billion | 74.47 billion | 10 |
| 2010s | 39.88 billion | 11.28 billion | 64.79 billion | 10 |
| 2020s | 77.60 billion | 4.15 billion | 172.62 billion | 7 |
Countries ranked near Norway
- 3 Croatia -1.04 billion compare
- 3 Germany 193.25 billion compare
- 4 Ireland 91.95 billion compare
- 5 Netherlands 125.95 billion compare
- 5 Switzerland 71.33 billion compare
- 7 Denmark 59.09 billion compare
- 7 Slovenia 3.41 billion compare
- 8 Lithuania 2.15 billion compare
- 8 Spain 54.75 billion compare
- 9 Estonia -1.37 billion compare
- 9 Sweden 47.50 billion compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0612 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 5,785 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.6357 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 60,137 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.055 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 5,206 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 46,282 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.51 % change on previous year (2025)
Frequently asked questions
- What is economic outlook no 117 — current account balance in usd in Norway?
- Economic outlook no 117 — current account balance in usd in Norway was 65.31 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 recorded in Norway?
- The highest recorded value was 172.62 billion in 2022.
- What is the lowest economic outlook no 117 — current account balance in usd recorded in Norway?
- The lowest recorded value was -5.10 billion in 1977.
- How does Norway rank for economic outlook no 117 — current account balance in usd?
- Norway ranks 6th out of 39 countries with data for 2026.
- Is economic outlook no 117 — current account balance in usd rising or falling in Norway?
- Over the last ten years it is up 338.1%. 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. 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