Net trade in goods and services in Norway
Norway: Net trade in goods and services was 61.59 billion BoP, current US$ in 2025. β Volatile
Net trade in goods and services in Norway, 1975β2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net trade in goods and services in Norway stood at 61.59 billion BoP, current US$.
Compared with earlier readings it is down 6.7% on the previous year and up 181.7% over ten years.
Over the whole period, net trade in goods and services in Norway peaked at 167.96 billion BoP, current US$ in 2022 and was at its lowest, -3.86 billion BoP, current US$, in 1977.
Norway ranks 10th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.60 billion BoP, current US$ | -3.86 billion BoP, current US$ | 1.22 billion BoP, current US$ | 5 |
| 1980s | 2.40 billion BoP, current US$ | -2.55 billion BoP, current US$ | 5.00 billion BoP, current US$ | 10 |
| 1990s | 9.26 billion BoP, current US$ | 2.78 billion BoP, current US$ | 14.36 billion BoP, current US$ | 10 |
| 2000s | 43.63 billion BoP, current US$ | 25.81 billion BoP, current US$ | 79.77 billion BoP, current US$ | 10 |
| 2010s | 35.68 billion BoP, current US$ | 6.04 billion BoP, current US$ | 66.95 billion BoP, current US$ | 10 |
| 2020s | 73.98 billion BoP, current US$ | -3.35 billion BoP, current US$ | 167.96 billion BoP, current US$ | 6 |
Countries ranked near Norway
- 7 Switzerland 90.80 billion BoP, current US$ compare
- 8 Spain 73.36 billion BoP, current US$ compare
- 9 Russian Federation 68.53 billion BoP, current US$ compare
- 11 Italy 50.00 billion BoP, current US$ compare
- 12 Qatar 48.74 billion BoP, current US$ compare
- 13 Denmark 43.52 billion BoP, current US$ 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)
- Taxes less subsidies on products (current LCU), annual growth rate 2.99 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.9203 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 87,058 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0724 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 13.8 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 10.08 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0992 (2025)
- Gdp worldbank constant usd, annual growth rate 1.09 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services in Norway?
- Net trade in goods and services in Norway was 61.59 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Norway?
- The highest recorded value was 167.96 billion BoP, current US$ in 2022.
- What is the lowest net trade in goods and services recorded in Norway?
- The lowest recorded value was -3.86 billion BoP, current US$ in 1977.
- How does Norway rank for net trade in goods and services?
- Norway ranks 10th out of 199 countries with data for 2025.
- Is net trade in goods and services rising or falling in Norway?
- Over the last ten years it is up 181.7%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.