Volume of remittances (in United States dollars) as a proportion of in Norway
Norway: Volume of remittances (in United States dollars) as a proportion of was 0.2% in 2024. ▬ Flat
Latest (2024)
0.2%
Change on year
down 1.6%
World rank
174th
of 203 countries
All-time high
0.2%
in 2023
All-time low
0.1%
in 2021
Years of data
20
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Norway, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Norway stood at 0.2%.
Compared with earlier readings it is down 1.6% on the previous year and up 28.3% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Norway peaked at 0.2% in 2023 and was at its lowest, 0.1%, in 2021.
That places Norway 174th out of 203 countries with data for 2024, putting it in the bottom quarter.
Volume of remittances (in United States dollars) as a proportion of in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | 0.2% | +1.5% |
| 2002 | 0.2% | +6.0% |
| 2003 | 0.2% | +0.6% |
| 2004 | 0.2% | +2.6% |
| 2005 | 0.2% | -7.0% |
| 2006 | 0.2% | -6.5% |
| 2007 | 0.2% | +0.5% |
| 2008 | 0.1% | -3.8% |
| 2009 | 0.2% | +10.5% |
| 2010 | 0.2% | -3.1% |
| 2011 | 0.2% | -3.3% |
| 2017 | 0.2% | +0.5% |
| 2018 | 0.1% | -4.4% |
| 2019 | 0.2% | +2.8% |
| 2020 | 0.2% | +6.4% |
| 2021 | 0.1% | -16.7% |
| 2022 | 0.2% | +25.0% |
| 2023 | 0.2% | +19.3% |
| 2024 | 0.2% | -1.6% |
Norway compared with similar countries
- Norway's 0.2% is below the median for high income countries, which is 0.7%, 27% of the median. (66 countries reporting)
- Norway's 0.2% is below the median for Europe & Central Asia, which is 1.5%, 13% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.1% | 0.2% | 10 |
| 2010s | 0.2% | 0.1% | 0.2% | 5 |
| 2020s | 0.2% | 0.1% | 0.2% | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.11 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 198.35 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.82 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -164.45 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0147 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,394 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.24 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Norway?
- Volume of remittances (in united states dollars) as a proportion of in Norway was 0.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Norway?
- The highest recorded value was 0.2% in 2023.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Norway?
- The lowest recorded value was 0.1% in 2021.
- How does Norway rank for volume of remittances (in united states dollars) as a proportion of?
- Norway ranks 174th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Norway?
- Over the last ten years it is up 28.3%. The long-run trend across the full record is flat.
- Where does this Norway data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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