Norway recorded a Current Account surplus of 16.70 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Norway averaged 7.89 percent of GDP from 1980 until 2024, reaching an all time high of 29.60 percent of GDP in 2022 and a record low of -6.10 percent of GDP in 1986. source: Statistics Norway
Current Account to GDP in Norway is expected to reach 13.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Current Account to GDP is projected to trend around 12.90 percent of GDP in 2026 and 10.90 percent of GDP in 2027, according to our econometric models.