Trade in services (% of GDP) in Norway
Norway: Trade in services (% of GDP) was 26.2% in 2025. ▼ Falling
Trade in services in Norway, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Norway recorded 26.2% for trade in services in 2025. That is the highest value across all 51 years on record.
That represents a change of up 3.9% on the previous year and up 18.1% over ten years.
Over the whole period, trade in services in Norway peaked at 26.2% in 2025 and was at its lowest, 16.3%, in 2021.
Norway ranks 86th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Trade in services (% of GDP) in Norway, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 25.0% | — |
| 1976 | 25.1% | +0.6% |
| 1977 | 24.2% | -3.6% |
| 1978 | 23.8% | -1.9% |
| 1979 | 24.6% | +3.6% |
| 1980 | 24.3% | -1.2% |
| 1981 | 25.3% | +4.0% |
| 1982 | 24.1% | -4.7% |
| 1983 | 23.2% | -3.7% |
| 1984 | 23.2% | -0.1% |
| 1985 | 23.0% | -1.0% |
| 1986 | 21.4% | -7.0% |
| 1987 | 19.3% | -9.4% |
| 1988 | 19.7% | +1.9% |
| 1989 | 20.9% | +6.2% |
| 1990 | 21.1% | +0.6% |
| 1991 | 21.5% | +2.1% |
| 1992 | 20.0% | -7.0% |
| 1993 | 20.5% | +2.7% |
| 1994 | 19.7% | -3.8% |
| 1995 | 18.4% | -6.8% |
| 1996 | 18.0% | -2.4% |
| 1997 | 19.5% | +8.4% |
| 1998 | 20.6% | +5.6% |
| 1999 | 20.3% | -1.4% |
| 2000 | 19.7% | -3.0% |
| 2001 | 20.3% | +3.1% |
| 2002 | 19.6% | -3.4% |
| 2003 | 18.8% | -4.3% |
| 2004 | 19.0% | +0.9% |
| 2005 | 18.9% | -0.1% |
| 2006 | 18.2% | -3.8% |
| 2007 | 19.4% | +6.5% |
| 2008 | 19.1% | -1.3% |
| 2009 | 18.3% | -4.3% |
| 2010 | 19.7% | +7.3% |
| 2011 | 17.3% | -12.0% |
| 2012 | 18.8% | +8.9% |
| 2013 | 19.4% | +3.2% |
| 2014 | 20.7% | +6.6% |
| 2015 | 22.2% | +7.1% |
| 2016 | 23.4% | +5.6% |
| 2017 | 21.7% | -7.2% |
| 2018 | 21.0% | -3.2% |
| 2019 | 22.5% | +7.0% |
| 2020 | 19.3% | -14.4% |
| 2021 | 16.3% | -15.6% |
| 2022 | 17.6% | +8.0% |
| 2023 | 22.3% | +26.8% |
| 2024 | 25.2% | +13.2% |
| 2025 | 26.2% | +3.9% |
Norway compared with similar countries
- Norway's 26.2% is below the median for high income countries, which is 32.3%, 81% of the median. (72 countries reporting)
- Norway's 26.2% is below the median for Europe & Central Asia, which is 31.1%, 84% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.6% | 23.8% | 25.1% | 5 |
| 1980s | 22.4% | 19.3% | 25.3% | 10 |
| 1990s | 20.0% | 18.0% | 21.5% | 10 |
| 2000s | 19.1% | 18.2% | 20.3% | 10 |
| 2010s | 20.7% | 17.3% | 23.4% | 10 |
| 2020s | 21.1% | 16.3% | 26.2% | 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)
- SDRs holdings, US dollar, annual growth rate 5.48 % change on previous year (2025)
- 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)
- SDRs holdings, SDR, annual growth rate 0.4463 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 978.78 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.99 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0071 units per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Norway?
- Trade in services in Norway was 26.2% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Norway?
- The highest recorded value was 26.2% in 2025.
- What is the lowest trade in services recorded in Norway?
- The lowest recorded value was 16.3% in 2021.
- How does Norway rank for trade in services?
- Norway ranks 86th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Norway?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is falling.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.