Norway Current Account

Last Release

Dec 31, 2022

Actual

361,204

Units In

NOK Million

361,204

Frequency

Quarterly

Next Release

Mar 05, 2026

Time to Release

2 Months 22 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
570,571 Sep 2022	-16,087 Jun 1986	51,734.67 NOK Million	1981-2022	Statistics Norway

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Latest Updates

Norway recorded a current account surplus of NOK 174.5 billion in the third quarter of 2025, narrowing from NOK 192.7 billion in the corresponding period of the previous year. This marked the smallest surplus since the third quarter of 2021, mainly due to a decrease in the goods account surplus, which fell to NOK 157.3 billion from NOK 160.3 billion a year ago, as well as the surplus in the compensation of employees and investment income (primary income), which contracted to NOK 51.9 billion from 63.7 billion. Additionally, the deficit in current transfers (secondary income) widened to NOK 16 billion from NOK 12 billion. On the other hand, the services account shortfall declined to NOK 18.8 billion from NOK 19.3 billion a year earlier.