External balance on goods and services (current LCU), annual growth in Norway
Norway: External balance on goods and services (current LCU), annual growth was -9.05 % change on previous year in 2025. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Norway, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, external balance on goods and services (current lcu), annual growth in Norway stood at -9.05 % change on previous year.
Compared with earlier readings it is up 31.5% on the previous year and up 74.0% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Norway peaked at 422.58 % change on previous year in 1989 and was at its lowest, -527.23 % change on previous year, in 1974.
That places Norway 109th out of 192 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in Norway, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -312.2 % change on previous year | — |
| 1972 | 126.75 % change on previous year | -140.6% |
| 1973 | -193.31 % change on previous year | -252.5% |
| 1974 | -527.23 % change on previous year | +172.7% |
| 1975 | -138.03 % change on previous year | -73.8% |
| 1976 | -63.24 % change on previous year | -54.2% |
| 1977 | -22.39 % change on previous year | -64.6% |
| 1978 | 100.43 % change on previous year | -548.5% |
| 1980 | 234.27 % change on previous year | +133.3% |
| 1981 | 39.55 % change on previous year | -83.1% |
| 1982 | -23.12 % change on previous year | -158.4% |
| 1983 | 74.41 % change on previous year | -421.9% |
| 1984 | 27.1 % change on previous year | -63.6% |
| 1985 | -9.39 % change on previous year | -134.6% |
| 1986 | -155.86 % change on previous year | +1559.8% |
| 1987 | 24.4 % change on previous year | -115.7% |
| 1988 | 59.11 % change on previous year | +142.2% |
| 1989 | 422.58 % change on previous year | +615.0% |
| 1990 | 103.97 % change on previous year | -75.4% |
| 1991 | 32.92 % change on previous year | -68.3% |
| 1992 | -12.19 % change on previous year | -137.0% |
| 1993 | -0.0972 % change on previous year | -99.2% |
| 1994 | -0.8034 % change on previous year | +726.8% |
| 1995 | 8.94 % change on previous year | -1212.3% |
| 1996 | 61.41 % change on previous year | +587.2% |
| 1997 | -0.406 % change on previous year | -100.7% |
| 1998 | -76.89 % change on previous year | +18841.2% |
| 1999 | 339.25 % change on previous year | -541.2% |
| 2000 | 179.81 % change on previous year | -47.0% |
| 2001 | 3.1 % change on previous year | -98.3% |
| 2002 | -20.55 % change on previous year | -763.6% |
| 2003 | 0.7865 % change on previous year | -103.8% |
| 2004 | 14.57 % change on previous year | +1752.3% |
| 2005 | 35.79 % change on previous year | +145.7% |
| 2006 | 18.3 % change on previous year | -48.9% |
| 2007 | -14.27 % change on previous year | -178.0% |
| 2008 | 40.78 % change on previous year | -385.8% |
| 2009 | -35.21 % change on previous year | -186.3% |
| 2010 | 6.26 % change on previous year | -117.8% |
| 2011 | 22.95 % change on previous year | +266.7% |
| 2012 | 8.27 % change on previous year | -64.0% |
| 2013 | -13.29 % change on previous year | -260.7% |
| 2014 | -9.93 % change on previous year | -25.3% |
| 2015 | -34.74 % change on previous year | +250.0% |
| 2016 | -58.15 % change on previous year | +67.4% |
| 2017 | 65.02 % change on previous year | -211.8% |
| 2018 | 58.35 % change on previous year | -10.3% |
| 2019 | -60.57 % change on previous year | -203.8% |
| 2020 | -125.91 % change on previous year | +107.9% |
| 2022 | 149.46 % change on previous year | -218.7% |
| 2023 | -49.43 % change on previous year | -133.1% |
| 2024 | -13.22 % change on previous year | -73.3% |
| 2025 | -9.05 % change on previous year | -31.5% |
Norway compared with similar countries
- Norway's -9.05 % change on previous year is below the median for high income countries, which is 0.3851 % change on previous year. (72 countries reporting)
- Norway's -9.05 % change on previous year is above the median for Europe & Central Asia, which is -10.38 % change on previous year, 87% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU), annual growth 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 |
|---|---|---|---|
| 1998 | -18841.2% | -0.406 % change on previous year | -76.89 % change on previous year |
| 2004 | +1752.3% | 0.7865 % change on previous year | 14.57 % change on previous year |
| 1986 | -1559.8% | -9.39 % change on previous year | -155.86 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -128.65 % change on previous year | -527.23 % change on previous year | 126.75 % change on previous year | 8 |
| 1980s | 69.31 % change on previous year | -155.86 % change on previous year | 422.58 % change on previous year | 10 |
| 1990s | 45.61 % change on previous year | -76.89 % change on previous year | 339.25 % change on previous year | 10 |
| 2000s | 22.31 % change on previous year | -35.21 % change on previous year | 179.81 % change on previous year | 10 |
| 2010s | -1.58 % change on previous year | -60.57 % change on previous year | 65.02 % change on previous year | 10 |
| 2020s | -9.63 % change on previous year | -125.91 % change on previous year | 149.46 % change on previous year | 5 |
Countries ranked near Norway
- 106 Lesotho -7.5 % change on previous year compare
- 107 Bangladesh -7.66 % change on previous year compare
- 108 Marshall Islands -8 % change on previous year compare
- 110 Slovenia -9.21 % change on previous year compare
- 111 Lebanon -11.4 % change on previous year compare
- 112 Uzbekistan -11.54 % change on previous year compare
More economy & growth data for Norway
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- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,340 units per person (2025)
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Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Norway?
- External balance on goods and services (current lcu), annual growth in Norway was -9.05 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Norway?
- The highest recorded value was 422.58 % change on previous year in 1989.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Norway?
- The lowest recorded value was -527.23 % change on previous year in 1974.
- How does Norway rank for external balance on goods and services (current lcu), annual growth?
- Norway ranks 109th out of 192 countries with data for 2025.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Norway?
- Over the last ten years it is up 74.0%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.