Balance of payments

Statistics

Cash flows between Norway and abroad
Shows Norwegian cross border payments made via Norwegian banks
External trade in goods, indices of volume and price
Measures the development in volume and price for exported and imported goods over time
International accounts
Supplies information on residents' economic transactions with non-residents

Analyses, articles and publications

Showing 10 of 17

  1. Large surplus on the balance of income and current transfers

    The current account surplus versus abroad ended at 218 billion NOK in the second quarter of 2025. The trade balance showed a surplus of NOK 142 billion. Norway’s net foreign assets grew by 1 190 billion NOK.

  2. Higher trade balance surplus in Q1 2025

    The trade balance surplus versus abroad was NOK 240 billion for the first quarter of 2025. A stronger Norwegian krone against many of the most traded currencies and a negative market price development contributed to a reduction in net foreign assets of NOK 1 225 billion, down to NOK 18 365 billion.

  3. Current account surplus of NOK 890 billion in 2024

    The current account surplus versus abroad was NOK 211 billion for the fourth quarter of 2024. Norway’s net foreign assets, or net International Investment Position (IIP), rose sharply to NOK 19 696 billion during the year 2024, which was an increase of 29 per cent from the year before.

  4. Stable current account surplus

    The current account surplus versus abroad ended at 225 billion NOK in Q3 2024. The quarterly surplus has been in the range of 225-250 billion over the last year.

  5. High dividend income in Q2

    The current account surplus versus abroad ended at 243 billion NOK in Q2 2024. Norway's net foreign assets amounted to NOK 17 609 billion.

  6. High dividend income in Q1

    The current account surplus versus abroad ended at 249 billion NOK in 2024. NOK 56 billion weaker than Q1 in 2023. The trade balance showed a surplus of NOK 163 billion. Norway's net foreign assets amounted to NOK 17 382 billion at the end of Q1 2024.

  7. Substantial current account surplus albeit lower than last year

    The current account surplus versus abroad ended at 909 billion NOK in 2023. Norway's net foreign assets amounted to NOK 15 284 billion by the end of 2023

  8. Trade balance remains elevated

    Norway's current account surplus vis-a-vis abroad ended at NOK 193 billion in the third quarter of 2023, the drop of NOK 427 billion lower since the third quarter of last year is substantial.

  9. Normalization of the trade balance

    Norway's current account surplus vis-a-vis abroad ended at NOK 171 billion in the second quarter of 2023, the drop of NOK 171 billion lower since the second quarter of last year thus halving the surplus. Lower export income from crude oil and natural gas is the most important reason for the fall.

  10. High Income and massive gains increased Norway’s net foreign assets in first quarter

    Norway's current account surplus vis-a-vis other countries ended at NOK 279 billion in the first quarter of 2023, NOK 112 billion lower compared to the same period last year. This reduction is mainly due to reduced export income from crude oil and natural gas. Net foreign assets were record high in the 1st quarter of 2023. The weakening of NOK and the rise in global stock markets explains why net foreign assets towards foreign countries increased sharply.

Older analyses, articles and publications
for subtopic Balance of payments.