Norway's current account surplus widened to NOK 9.91 billion in the third quarter of 2020 from NOK 8.82 billion in the same period the prior year. The goods and services account deficit increased to NOK 22.04 billion from NOK 13.23 billion a year earlier, while the income and current transfers surplus rose to NOK 31.94 billion from NOK 22.05 billion a year ago. source: Statistics Norway
Current Account in Norway averaged 35828.69 NOK Million from 1981 until 2020, reaching an all time high of 122730 NOK Million in the first quarter of 2012 and a record low of -16125 NOK Million in the second quarter of 1986. This page provides - Norway Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Current Account - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Current Account in Norway is expected to be 26200.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Norway to stand at 20500.00 in 12 months time. In the long-term, the Norway Current Account is projected to trend around 34100.00 NOK Million in 2021 and 45100.00 NOK Million in 2022, according to our econometric models.