Total current account debit/expenditure, Debit/Expenditure in Norway
Norway: Total current account debit/expenditure, Debit/Expenditure was 230.60 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Norway, 2005–2024
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.
Total current account debit/expenditure, Debit/Expenditure in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 112.83 billion | — |
| 2006 | 131.34 billion | +16.4% |
| 2007 | 169.73 billion | +29.2% |
| 2008 | 188.84 billion | +11.3% |
| 2009 | 137.56 billion | -27.2% |
| 2010 | 158.67 billion | +15.3% |
| 2011 | 182.29 billion | +14.9% |
| 2012 | 189.62 billion | +4.0% |
| 2013 | 196.84 billion | +3.8% |
| 2014 | 193.15 billion | -1.9% |
| 2015 | 160.72 billion | -16.8% |
| 2016 | 159.51 billion | -0.7% |
| 2017 | 170.24 billion | +6.7% |
| 2018 | 185.27 billion | +8.8% |
| 2019 | 183.39 billion | -1.0% |
| 2020 | 153.03 billion | -16.6% |
| 2021 | 195.81 billion | +28.0% |
| 2022 | 220.71 billion | +12.7% |
| 2023 | 223.63 billion | +1.3% |
| 2024 | 230.60 billion | +3.1% |
Norway compared with similar countries
- Norway's 230.60 billion is above the median for high income countries, which is 79.74 billion, 2.9× the median. (72 countries reporting)
- Norway's 230.60 billion is above the median for Europe & Central Asia, which is 105.62 billion, 2.2× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More trade data for Norway
- Commodity Net Export Price Index, Individual Commodities Weighted by 81.5 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 95.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 94.84 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 77.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.59 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 88.41 (2025)
- Imports of low carbon technology products, Percent of GDP 2.06 (2024)
- Imports of low carbon technology products, US dollar (World), per 1,791 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0199 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 3.13 billion (2024)
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.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
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.