Terms of Trade in Norway decreased to 105.38 Index Points in the fourth quarter of 2018 from 108.23 Index Points in the third quarter of 2018. Terms of Trade in Norway averaged 94.06 Index Points from 1980 until 2018, reaching an all time high of 115.90 Index Points in the second quarter of 2006 and a record low of 75.84 Index Points in the first quarter of 1983.

Terms of Trade in Norway is expected to be 108.78 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in Norway to stand at 108.87 in 12 months time. In the long-term, the Norway Terms of Trade is projected to trend around 109.05 Index Points in 2020, according to our econometric models.

Norway Terms of Trade
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Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 28774.00 25037.00 48677.18 -6100.20 NOK Million [+]
Current Account 91780.00 79084.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 5.70 4.00 16.20 -6.10 percent [+]
Imports 60078.00 53186.69 84950.76 696.00 NOK Million [+]
Exports 88851.00 78223.51 99710.44 449.00 NOK Million [+]
External Debt 5235309.00 5222383.00 5585278.00 0.00 NOK Million [+]
Terms of Trade 105.38 108.23 115.90 75.84 Index Points [+]
Capital Flows 58208.00 154192.00 189108.00 -61109.00 NOK Million [+]
Crude Oil Production 1511.00 1329.00 3417.00 2.00 BBL/D/1K [+]
Terrorism Index 0.15 0.00 4.71 0.00 [+]
Weapons Sales 134.00 150.00 278.00 1.00 USD Million [+]
Foreign Direct Investment 9055.00 -32914.00 118173.00 -219186.00 NOK Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Norway Terms of Trade

In Norway, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - Norway Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Terms of Trade - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
105.38 108.23 115.90 75.84 1980 - 2018 Index Points Quarterly
NSA, 2000=100




Country Last Previous
Argentina 127.20 Dec/18
Australia 92.70 Dec/18
Brazil 103.30 Dec/18
Canada 92.30 Nov/18
China 93.52 Dec/18
France 115.31 Dec/18
Germany 99.71 Dec/18
India 73.30 Dec/18
Indonesia 104.24 Dec/18
Italy 100.20 Dec/18
Japan 98.60 Jan/19
Mexico 46.07 Dec/18
Netherlands 99.40 Dec/18
Singapore 103.88 Dec/18
South Africa 105.00 Sep/18
South Korea 98.90 Dec/18
Spain 100.10 Nov/18
Switzerland 117.27 Dec/18
Turkey 100.39 Dec/18
United States 106.98 Jun/18


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