External Debt in Norway decreased to 6328877 NOK Million in the second quarter of 2020 from 6638702 NOK Million in the first quarter of 2020. source: Statistics Norway

External Debt in Norway averaged 652651.11 NOK Million from 1965 until 2020, reaching an all time high of 6638702 NOK Million in the first quarter of 2020 and a record low of 0 NOK Million in the second quarter of 2004. This page provides - Norway External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Total Gross External Debt - values, historical data and charts - was last updated on November of 2020.

External Debt in Norway is expected to be 5292897.00 NOK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Norway to stand at 5586312.00 in 12 months time. In the long-term, the Norway Total Gross External Debt is projected to trend around 5677646.00 NOK Million in 2021 and 5802554.00 NOK Million in 2022, according to our econometric models.

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Norway Total Gross External Debt

Actual Previous Highest Lowest Dates Unit Frequency
6328877.00 6638702.00 6638702.00 0.00 1965 - 2020 NOK Million Quarterly
Current Prices, NSA

Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 2708.00 -8558.00 48677.18 -9736.00 NOK Million [+]
Current Account 20482.00 63231.00 122730.00 -16125.00 NOK Million [+]
Current Account to GDP 4.10 7.10 16.20 -6.10 percent [+]
Imports 67892.06 67892.00 83879.95 696.00 NOK Million [+]
Exports 70600.44 70600.00 98223.26 449.00 NOK Million [+]
External Debt 6328877.00 6638702.00 6638702.00 0.00 NOK Million [+]
Terms of Trade 86.37 88.89 115.90 75.84 points [+]
Capital Flows 12534.00 141931.00 189108.00 -149083.00 NOK Million [+]
Crude Oil Production 1751.00 1765.00 3417.00 2.00 BBL/D/1K [+]
Oil Exports 20259.00 15593.00 37132.00 0.00 NOK Million [+]
Terrorism Index 0.08 0.15 4.71 0.00 [+]
Weapons Sales 64.00 153.00 278.00 1.00 USD Million [+]
Foreign Direct Investment -34300.00 -76651.00 118173.00 -220006.00 NOK Million [+]


Norway Total Gross External Debt
In Norway, external debt refers to foreign debt held by the central government and denominated in foreign currency.