Net secondary income (Net current transfers from abroad) in Norway
Norway: Net secondary income (Net current transfers from abroad) was -5.92 billion current US$ in 2022. ▼ Falling
Net secondary income (Net current transfers from abroad) in Norway, 1995–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2022, net secondary income (net current transfers from abroad) in Norway stood at -5.92 billion current US$.
Compared with earlier readings it is up 24.8% on the previous year and up 9.8% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Norway peaked at -1.47 billion current US$ in 2000 and was at its lowest, -7.88 billion current US$, in 2021.
Norway ranks 184th of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Net secondary income (Net current transfers from abroad) in Norway, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | -2.27 billion current US$ | — |
| 1996 | -1.71 billion current US$ | -24.9% |
| 1997 | -1.55 billion current US$ | -9.2% |
| 1998 | -1.70 billion current US$ | +9.9% |
| 1999 | -1.66 billion current US$ | -2.6% |
| 2000 | -1.47 billion current US$ | -11.6% |
| 2001 | -1.80 billion current US$ | +22.6% |
| 2002 | -2.40 billion current US$ | +33.5% |
| 2003 | -3.14 billion current US$ | +30.9% |
| 2004 | -2.81 billion current US$ | -10.6% |
| 2005 | -3.17 billion current US$ | +12.7% |
| 2006 | -2.89 billion current US$ | -8.6% |
| 2007 | -4.21 billion current US$ | +45.4% |
| 2008 | -4.67 billion current US$ | +11.0% |
| 2009 | -5.15 billion current US$ | +10.3% |
| 2010 | -6.15 billion current US$ | +19.5% |
| 2011 | -6.89 billion current US$ | +11.9% |
| 2012 | -6.56 billion current US$ | -4.7% |
| 2013 | -7.68 billion current US$ | +17.1% |
| 2014 | -7.50 billion current US$ | -2.3% |
| 2015 | -6.64 billion current US$ | -11.6% |
| 2016 | -6.45 billion current US$ | -2.8% |
| 2017 | -6.13 billion current US$ | -5.0% |
| 2018 | -6.02 billion current US$ | -1.7% |
| 2019 | -6.00 billion current US$ | -0.4% |
| 2020 | -7.11 billion current US$ | +18.5% |
| 2021 | -7.88 billion current US$ | +10.8% |
| 2022 | -5.92 billion current US$ | -24.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.78 billion current US$ | -2.27 billion current US$ | -1.55 billion current US$ | 5 |
| 2000s | -3.17 billion current US$ | -5.15 billion current US$ | -1.47 billion current US$ | 10 |
| 2010s | -6.60 billion current US$ | -7.68 billion current US$ | -6.00 billion current US$ | 10 |
| 2020s | -6.97 billion current US$ | -7.88 billion current US$ | -5.92 billion current US$ | 3 |
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 domestic savings (current US$), annual growth rate 0.3869 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3491 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 33,019 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -2.88 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 3.63 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 343,260 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate -2.04 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Norway?
- Net secondary income (net current transfers from abroad) in Norway was -5.92 billion current US$ in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Norway?
- The highest recorded value was -1.47 billion current US$ in 2000.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Norway?
- The lowest recorded value was -7.88 billion current US$ in 2021.
- How does Norway rank for net secondary income (net current transfers from abroad)?
- Norway ranks 184th out of 202 countries with data for 2022.
- Is net secondary income (net current transfers from abroad) rising or falling in Norway?
- Over the last ten years it is up 9.8%. The long-run trend across the full record is falling.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.