Economic Outlook No 117 — Current account balance in Norway
Norway: Economic Outlook No 117 — Current account balance was 677.54 billion in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance 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 in Norway is 677.54 billion, measured in 2026.
The figure is down 12.5% on the previous year and up 441.5% over ten years.
Over the whole period, economic outlook no 117 — current account balance in Norway peaked at 1.67 trillion in 2022 and was at its lowest, -34.60 billion, in 1986.
Norway ranks 2nd 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 117 — Current account balance in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -12.72 billion | — |
| 1976 | -20.48 billion | +60.9% |
| 1977 | -27.14 billion | +32.5% |
| 1978 | -11.49 billion | -57.6% |
| 1979 | -5.82 billion | -49.3% |
| 1980 | 4.73 billion | -181.2% |
| 1981 | 12.47 billion | +163.8% |
| 1982 | 3.46 billion | -72.3% |
| 1983 | 17.89 billion | +417.1% |
| 1984 | 26.72 billion | +49.3% |
| 1985 | 26.25 billion | -1.7% |
| 1986 | -34.60 billion | -231.8% |
| 1987 | -29.20 billion | -15.6% |
| 1988 | -26.17 billion | -10.4% |
| 1989 | -630.07 million | -97.6% |
| 1990 | 18.15 billion | -2980.8% |
| 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 | 70.57 billion | -0.7% |
| 1998 | -3.44 billion | -104.9% |
| 1999 | 69.26 billion | -2115.7% |
| 2000 | 222.58 billion | +221.4% |
| 2001 | 248.47 billion | +11.6% |
| 2002 | 192.91 billion | -22.4% |
| 2003 | 195.28 billion | +1.2% |
| 2004 | 221.20 billion | +13.3% |
| 2005 | 329.10 billion | +48.8% |
| 2006 | 364.50 billion | +10.8% |
| 2007 | 294.44 billion | -19.2% |
| 2008 | 414.51 billion | +40.8% |
| 2009 | 266.45 billion | -35.7% |
| 2010 | 283.46 billion | +6.4% |
| 2011 | 352.96 billion | +24.5% |
| 2012 | 376.51 billion | +6.7% |
| 2013 | 317.50 billion | -15.7% |
| 2014 | 350.89 billion | +10.5% |
| 2015 | 250.91 billion | -28.5% |
| 2016 | 125.12 billion | -50.1% |
| 2017 | 180.62 billion | +44.4% |
| 2018 | 283.46 billion | +56.9% |
| 2019 | 98.75 billion | -65.2% |
| 2020 | 36.92 billion | -62.6% |
| 2021 | 570.81 billion | +1446.3% |
| 2022 | 1.67 trillion | +191.7% |
| 2023 | 844.59 billion | -49.3% |
| 2024 | 880.18 billion | +4.2% |
| 2025 | 774.54 billion | -12.0% |
| 2026 | 677.54 billion | -12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -15.53 billion | -27.14 billion | -5.82 billion | 5 |
| 1980s | 92.11 million | -34.60 billion | 26.72 billion | 10 |
| 1990s | 36.70 billion | -3.44 billion | 71.05 billion | 10 |
| 2000s | 274.94 billion | 192.91 billion | 414.51 billion | 10 |
| 2010s | 262.02 billion | 98.75 billion | 376.51 billion | 10 |
| 2020s | 778.53 billion | 36.92 billion | 1.67 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.47 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 9.48 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 896,328 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.02 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7957 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 75,270 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.02 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 6.74 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 117 — current account balance in Norway?
- Economic outlook no 117 — current account balance in Norway was 677.54 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance recorded in Norway?
- The highest recorded value was 1.67 trillion in 2022.
- What is the lowest economic outlook no 117 — current account balance recorded in Norway?
- The lowest recorded value was -34.60 billion in 1986.
- How does Norway rank for economic outlook no 117 — current account balance?
- Norway ranks 2nd out of 36 countries with data for 2026.
- Is economic outlook no 117 — current account balance rising or falling in Norway?
- Over the last ten years it is up 441.5%. 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. 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