Total current account debit/expenditure, Debit/Expenditure in Norway

Norway: Total current account debit/expenditure, Debit/Expenditure was 230.60 billion in 2024. β–² Rising

Latest (2024)
230.60 billion
Change on year
up 3.1%
World rank
34th
of 197 countries
All-time high
230.60 billion
in 2024
All-time low
112.83 billion
in 2005
Years of data
20
2005–2024

Total current account debit/expenditure, Debit/Expenditure in Norway, 2005–2024

050.0B100.0B150.0B200.0B250.0B2005201420242005: 112.8B2006: 131.3B2007: 169.7B2008: 188.8B2009: 137.6B2010: 158.7B2011: 182.3B2012: 189.6B2013: 196.8B2014: 193.1B2015: 160.7B2016: 159.5B2017: 170.2B2018: 185.3B2019: 183.4B2020: 153.0B2021: 195.8B2022: 220.7B2023: 223.6B2024: 230.6B

Source: International Monetary Fund.

Analysis

In 2024, total current account debit/expenditure, debit/expenditure in Norway stood at 230.60 billion. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 3.1% on the previous year and up 19.4% over ten years.

Over the whole period, total current account debit/expenditure, debit/expenditure in Norway peaked at 230.60 billion in 2024 and was at its lowest, 112.83 billion, in 2005.

That places Norway 34th out of 197 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 148.06 billion 112.83 billion 188.84 billion 5
2010s 177.97 billion 158.67 billion 196.84 billion 10
2020s 204.76 billion 153.03 billion 230.60 billion 5

Countries ranked near Norway

  1. 31 Malaysia 323.90 billion compare
  2. 32 Denmark 306.07 billion compare
  3. 33 Czechia 257.03 billion compare
  4. 35 Hungary 199.91 billion compare
  5. 36 Romania 186.17 billion compare
  6. 37 Philippines 175.51 billion compare

See the full ranking of 206 places β†’

More trade data for Norway

All data for Norway β†’

Frequently asked questions

What is total current account debit/expenditure, debit/expenditure in Norway?
Total current account debit/expenditure, debit/expenditure in Norway was 230.60 billion in 2024, according to International Monetary Fund.
What is the highest total current account debit/expenditure, debit/expenditure recorded in Norway?
The highest recorded value was 230.60 billion in 2024.
What is the lowest total current account debit/expenditure, debit/expenditure recorded in Norway?
The lowest recorded value was 112.83 billion in 2005.
How does Norway rank for total current account debit/expenditure, debit/expenditure?
Norway ranks 34th out of 197 countries with data for 2024.
Is total current account debit/expenditure, debit/expenditure rising or falling in Norway?
Over the last ten years it is up 19.4%. The long-run trend across the full record is rising.
Where does this Norway data come from?
The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Total current account debit/expenditure, Debit/Expenditure in Norway. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/total-current-account-debit-expenditure-debit-expenditure-us-dollar/norway/

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About this data

Indicator
Total current account debit/expenditure, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.