External Debt in Norway decreased to 6063991 NOK Million in the first quarter of 2021 from 6151512 NOK Million in the fourth quarter of 2020. source: Statistics Norway

External Debt in Norway averaged 713079.52 NOK Million from 1965 until 2021, 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 August of 2021.

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 2022 and 5802554.00 NOK Million in 2023, according to our econometric models.

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Norway Total Gross External Debt

Actual Previous Highest Lowest Dates Unit Frequency
6063991.00 6151512.00 6638702.00 0.00 1965 - 2021 NOK Million Quarterly
Current Prices, NSA

Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 25023.00 14354.00 48677.18 -9303.00 NOK Million [+]
Current Account 94301.00 94301.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 1.90 2.80 16.10 -6.10 percent of GDP [+]
Imports 72854.00 72569.00 83879.95 696.00 NOK Million [+]
Exports 97877.00 86923.00 98469.00 449.00 NOK Million [+]
External Debt 6063991.00 6151512.00 6638702.00 0.00 NOK Million [+]
Terms of Trade 89.59 84.12 115.90 75.84 points [+]
Capital Flows 98474.00 -70605.00 189108.00 -162110.00 NOK Million [+]
Crude Oil Production 1728.00 1788.00 3417.00 2.00 BBL/D/1K [+]
Oil Exports 26846.00 26509.00 37132.00 0.00 NOK Million [+]
Terrorism Index 1.30 0.08 4.71 0.00 [+]
Weapons Sales 72.00 31.00 278.00 1.00 SIPRI TIV Million [+]
Foreign Direct Investment 2217.00 -12825.00 139145.00 -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.