Trade balance in low carbon technology products, Percent of GDP in Norway
Norway: Trade balance in low carbon technology products, Percent of GDP was -1.42 in 2024. ◆ Volatile
Trade balance in low carbon technology products, Percent of GDP in Norway, 1994–2024
Source: International Monetary Fund.
Analysis
In 2024, trade balance in low carbon technology products, percent of gdp in Norway stood at -1.42.
The figure is up 12.3% on the previous year and down 941.9% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Norway peaked at 0.007 in 2009 and was at its lowest, -2.01, in 2021.
That places Norway 147th out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Trade balance in low carbon technology products, Percent of GDP in Norway, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | -0.3836 | — |
| 1995 | -0.378 | -1.5% |
| 1996 | -0.3709 | -1.9% |
| 1997 | -0.4 | +7.8% |
| 1998 | -0.4533 | +13.3% |
| 1999 | -0.4049 | -10.7% |
| 2000 | -0.2421 | -40.2% |
| 2001 | -0.2599 | +7.4% |
| 2002 | -0.2252 | -13.4% |
| 2003 | -0.2137 | -5.1% |
| 2004 | -0.2568 | +20.2% |
| 2005 | -0.3601 | +40.2% |
| 2006 | -0.2366 | -34.3% |
| 2007 | -0.1913 | -19.1% |
| 2008 | -0.0866 | -54.7% |
| 2009 | 0.007 | -108.1% |
| 2010 | -0.0758 | -1175.2% |
| 2011 | -0.2036 | +168.6% |
| 2012 | -0.122 | -40.1% |
| 2013 | -0.1145 | -6.1% |
| 2014 | -0.1359 | +18.7% |
| 2015 | -0.1895 | +39.5% |
| 2016 | -0.2742 | +44.7% |
| 2017 | -1.27 | +362.4% |
| 2018 | -1.38 | +8.7% |
| 2019 | -1.68 | +21.7% |
| 2020 | -2 | +19.4% |
| 2021 | -2.01 | +0.1% |
| 2022 | -1.68 | -16.0% |
| 2023 | -1.61 | -4.1% |
| 2024 | -1.42 | -12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.3984 | -0.4533 | -0.3709 | 6 |
| 2000s | -0.2065 | -0.3601 | 0.007 | 10 |
| 2010s | -0.5439 | -1.68 | -0.0758 | 10 |
| 2020s | -1.74 | -2.01 | -1.42 | 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 trade balance in low carbon technology products, percent of gdp in Norway?
- Trade balance in low carbon technology products, percent of gdp in Norway was -1.42 in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Norway?
- The highest recorded value was 0.007 in 2009.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Norway?
- The lowest recorded value was -2.01 in 2021.
- How does Norway rank for trade balance in low carbon technology products, percent of gdp?
- Norway ranks 147th out of 177 countries with data for 2024.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Norway?
- Over the last ten years it is down 941.9%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.