NOK 5.8 billion surplus

Preliminary figures show a current account surplus of NOK 5.8 billion in August 1997, down from NOK 7.7 billion in August 1996. The current account surplus for January to August 1997 amounted to NOK 47 billion, while for the same period in 1996 it was NOK 49.7 billion.

The goods and services balance in August 1997 showed a surplus of 6.9 billion, and is completely attributable to the favourable trade balance. In August 1996, the goods and services surplus was NOK 9 billion.

The interest and transfers balance shows a deficit of NOK 1 billion in August 1997. In August 1996 the interest and transfers deficit was NOK 1.3 billion.

Revaluation of assets and liabilities, mainly because of exchange rate fluctuations, gave Norway a net gain of NOK 4 billion in August. Norway's net foreign assets increased by NOK 9.7 billion in August 1997, and were estimated at NOK 98.2 billion at the end of the month.

New Statistics

Balance of payments, August 1997.
Statistics are published every month in the Weekly Bulletin of Statistics. More information: Bjørnar Ansnes, tel. +47 21 09 48 35, e-mail: ban@ssb.no, or Elisabeth Nørgaard, tel. +47 21 09 49 25, e-mail: eno@ssb.no.

Weekly Bulletin issue no. 44, 1997

Balance of payments, August 1997:

NOK 5.8 billion surplus

New Statistics

Balance of payments, August 1997.Statistics are published every month in the Weekly Bulletin of Statistics. More information: Bjørnar Ansnes, tel. +47 21 09 48 35, e-mail: ban@ssb.no, or Elisabeth Nørgaard, tel. +47 21 09 49 25, e-mail: eno@ssb.no.

Balance of payments, August 1997.
Statistics are published every month in the Weekly Bulletin of Statistics. More information: Bjørnar Ansnes, tel. +47 21 09 48 35, e-mail: ban@ssb.no, or Elisabeth Nørgaard, tel. +47 21 09 49 25, e-mail: eno@ssb.no.