Terms of trade adjustment in Norway
Norway: Terms of trade adjustment was 543.00 billion constant LCU in 2025. ◆ Volatile
Terms of trade adjustment in Norway, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, terms of trade adjustment in Norway stood at 543.00 billion constant LCU.
Compared with earlier readings it is down 8.9% on the previous year and up 96.5% over ten years.
Over the whole period, terms of trade adjustment in Norway peaked at 1.46 trillion constant LCU in 2022 and was at its lowest, -252.08 billion constant LCU, in 1998.
Norway ranks 23rd of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Norway, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 34.49 billion constant LCU | — |
| 1971 | 33.79 billion constant LCU | -2.0% |
| 1972 | 26.49 billion constant LCU | -21.6% |
| 1973 | 38.96 billion constant LCU | +47.1% |
| 1974 | 32.80 billion constant LCU | -15.8% |
| 1975 | 10.41 billion constant LCU | -68.3% |
| 1976 | -4.59 billion constant LCU | -144.1% |
| 1977 | -13.60 billion constant LCU | +196.1% |
| 1978 | -21.82 billion constant LCU | +60.4% |
| 1979 | -10.23 billion constant LCU | -53.1% |
| 1980 | 16.07 billion constant LCU | -257.0% |
| 1981 | 28.58 billion constant LCU | +77.8% |
| 1982 | 27.43 billion constant LCU | -4.0% |
| 1983 | 19.93 billion constant LCU | -27.3% |
| 1984 | 22.79 billion constant LCU | +14.3% |
| 1985 | 10.66 billion constant LCU | -53.2% |
| 1986 | -75.05 billion constant LCU | -804.0% |
| 1987 | -94.84 billion constant LCU | +26.4% |
| 1988 | -116.09 billion constant LCU | +22.4% |
| 1989 | -114.28 billion constant LCU | -1.6% |
| 1990 | -112.50 billion constant LCU | -1.6% |
| 1991 | -123.42 billion constant LCU | +9.7% |
| 1992 | -157.08 billion constant LCU | +27.3% |
| 1993 | -158.40 billion constant LCU | +0.8% |
| 1994 | -193.25 billion constant LCU | +22.0% |
| 1995 | -200.82 billion constant LCU | +3.9% |
| 1996 | -181.38 billion constant LCU | -9.7% |
| 1997 | -182.25 billion constant LCU | +0.5% |
| 1998 | -252.08 billion constant LCU | +38.3% |
| 1999 | -174.99 billion constant LCU | -30.6% |
| 2000 | 45.78 billion constant LCU | -126.2% |
| 2001 | 25.20 billion constant LCU | -44.9% |
| 2002 | -33.93 billion constant LCU | -234.6% |
| 2003 | -27.74 billion constant LCU | -18.2% |
| 2004 | 54.37 billion constant LCU | -296.0% |
| 2005 | 229.94 billion constant LCU | +323.0% |
| 2006 | 381.24 billion constant LCU | +65.8% |
| 2007 | 359.88 billion constant LCU | -5.6% |
| 2008 | 548.89 billion constant LCU | +52.5% |
| 2009 | 272.55 billion constant LCU | -50.3% |
| 2010 | 364.69 billion constant LCU | +33.8% |
| 2011 | 490.29 billion constant LCU | +34.4% |
| 2012 | 541.99 billion constant LCU | +10.5% |
| 2013 | 531.67 billion constant LCU | -1.9% |
| 2014 | 450.15 billion constant LCU | -15.3% |
| 2015 | 276.29 billion constant LCU | -38.6% |
| 2016 | 148.18 billion constant LCU | -46.4% |
| 2017 | 215.22 billion constant LCU | +45.2% |
| 2018 | 334.19 billion constant LCU | +55.3% |
| 2019 | 219.59 billion constant LCU | -34.3% |
| 2020 | 0 constant LCU | -100.0% |
| 2021 | 599.61 billion constant LCU | — |
| 2022 | 1.46 trillion constant LCU | +143.5% |
| 2023 | 708.59 billion constant LCU | -51.5% |
| 2024 | 595.75 billion constant LCU | -15.9% |
| 2025 | 543.00 billion constant LCU | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.67 billion constant LCU | -21.82 billion constant LCU | 38.96 billion constant LCU | 10 |
| 1980s | -27.48 billion constant LCU | -116.09 billion constant LCU | 28.58 billion constant LCU | 10 |
| 1990s | -173.62 billion constant LCU | -252.08 billion constant LCU | -112.50 billion constant LCU | 10 |
| 2000s | 185.62 billion constant LCU | -33.93 billion constant LCU | 548.89 billion constant LCU | 10 |
| 2010s | 357.23 billion constant LCU | 148.18 billion constant LCU | 541.99 billion constant LCU | 10 |
| 2020s | 651.13 billion constant LCU | 0 constant LCU | 1.46 trillion constant LCU | 6 |
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)
- GDP (current US$), annual growth rate 5.96 % change on previous year (2025)
- GDP (current US$), per capita 94,594 current US$ per person (2025)
- GDP (current LCU), annual growth rate 2.51 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 10.4 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 983,386 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.09 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.886 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 83,813 constant 2015 US$ per person (2025)
Frequently asked questions
- What is terms of trade adjustment in Norway?
- Terms of trade adjustment in Norway was 543.00 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Norway?
- The highest recorded value was 1.46 trillion constant LCU in 2022.
- What is the lowest terms of trade adjustment recorded in Norway?
- The lowest recorded value was -252.08 billion constant LCU in 1998.
- How does Norway rank for terms of trade adjustment?
- Norway ranks 23rd out of 178 countries with data for 2025.
- Is terms of trade adjustment rising or falling in Norway?
- Over the last ten years it is up 96.5%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.